Quote:
Originally Posted by Shaun 84 Targa
I hear you on the "give equity away" thing, but to me, I couldn't do what I am without these people, I value their contributions, and I'm one who thinks there's always enough for everyone if we are successful, and I our chances for success are greatly improved when folks have a stake in it.
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I agree 100%. It's important that you verbalize this as too often unsophisticated entrepreneurs see giving away equity as a substitute for cheap labor - and as a result typically get what they are paying for plus dilute their own holdings without an appropriate return.
If you think of the equity as an investment you are making in your partners, then you are both more likely to be satisfied in the long run.
Good Luck!