Cover for Will Work for Pie - Building Your Startup Using Equity Instead of Cash

Will Work for Pie - Building Your Startup Using Equity Instead of Cash

Mike Moyer

Summary

In the realm of startup creation, traditional approaches often emphasize securing cash investments to fuel growth and compensate team members. However, Mike Moyer's work challenges this norm by advocating for leveraging equity as a primary means of building a startup. This strategy not only conserves precious cash resources but also aligns incentives and fosters deeper commitment among early contributors, creating a foundation for sustainable success.

  • Equity as Currency: Moyer posits that equity can effectively replace cash in compensating team members and service providers, enabling startups to stretch limited financial resources.
  • Foundational Understanding of...

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