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Forums Forums Business Startups Acquaintance launched heavy regulated product 1 year ago and are ready to scale. They want me in, how do I structure an equity vesting option as a non-employee?

  • Acquaintance launched heavy regulated product 1 year ago and are ready to scale. They want me in, how do I structure an equity vesting option as a non-employee?

    updated 3 years ago 0 Member · 1 Post
  • David

    Member
    September 26, 2019 at 7:18 pm

    So the quotes are currently split with 60% for the guy I know and 40% between ceo and cfo. I come in as biz dev, helping find new channels of distribution and launch the next phase of the company. They already told me they have no money to hire someone so they look for another type of collaboration. I’m not interested in a purely commission-based gig. If I’m gonna invest time in something like this, especially this early stage And heavy regulated (might be whole shut down in a few days) I want equity. What’s a typical deal for someone who isn’t an employee and wants to get shares? I don’t expect them to give me 10% (or whatever) right away, but I can’t figure how a contractor can have “vesting options”. – by hq overview MrMarchMellow – –

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