Away Equity News Today

Part of the initiative also does away with parking requirements for apartment buildings linked to pricey parking garages.

But if i leave after one year, then i give back 40% of that. >> yeah. thats right. and eric was very reasonable in how he went about approaching things. but not everybody is. and its very important for founders to address that kind of situation where someone is putting in less time or just completely leaves to have the contractual right to adjust their equity and take back some of the invested equity. >> i started this with my partner, she leaves after one year and she still owns 50% of the comp...

Do based on if you have certain levels of profitability. expertise, like the question he was asking, a lot of entrepreneurs build a board of advisers. they are happy to be in a start up and they can leverage. >> thats the great thing about the investors. they can joke about angel or vulture. the key question you have to look at, too, when talking raising money, a lot of them get swept up in i have to raise money. they dont stop and think how much do i need. if you are talking giving away percent...

They handle that stuff for you. its streamlined, a great way to send it to not only friends and family but the person you just met at a networking event. thats a great place to go. and then also kick-start is a great place why youre not actually giving away equity of your company. cuff post your business idea right there and collect the funds. >> again, profounder also, its not equity, its revenue. >> revenue, yes. >> future revenue. if you want to keep hold of the ownership of your company. >> ...

Tap your personal network and see what you can get going. >> i agree, and a great source to do that, so you dont have to have that awkward conversation with rich uncle henry -- >> around the dinner table, yeah. >> is go to profinder.com. they handle all the legal stuff for you, and they streamline. its a great way to send it out to friends and family, and also the person you just met at a networking event. thats a great place to go. also, kickstarter is a great place, where youre not even giving...

I give back 40% of that. >> yeah, thats right. and eric was very reasonable in how he went about approaching things. but not everybody is. and its very important for founders to address that kind of situation where someone is putting in less time or just completely leaves to have the contractual right to address their equity and take back some of the unvested equity. >> because the last thing you want is i started this with my partner. she leaves after one year and she still owns 50% of the comp...