TL;DR - I’m trying to structure where I’ll do the work for an equity stake which will help the company valuation and raise its first round, after which I can collect my fees off the back of exiting my position.
If I were to offer my services in exchange for equity, is there a way that I can contractually put something in place that means once the company gets it first round of investment I can immediately exit my position.
I have had FAST equity in startups, but I’ve never exited my position or thought too much about it, additionally my experience with cap table related issues is more limited.
(I realize I could maintain my position, but I’m more interested in cashflow)
“I am going to get paid $0 today. When you raise your round, if you raise $X1, I am going to be paid $Y1, if you raise $X2, I am going to be paid $Y2, and so on…”
You’re welcome.
yes, thats what i’m hoping the math to look like, thank you!