Does it Matter How Founders Split Startup Equity?
Ask the question, “How should founders split startup equity?” and you will most likely receive a hand-wavy answer. Some offer blanket statements like, “The programmer should get at least 30%.” Others offer calculators or other arbitrary measures. These answers have never satisfied me. Before I offer a more rigorous approach, I’d like to play Devil’s Advocate […]
Steely Eyes Toward the Future: Why POSCO is My Favorite Stock
(The following was written on July 25 as the first part of an entry to the Value Investing Challenge. It was just an exercise, as I didn’t meet the criteria for entry. I never developed the figures to go along with the text. Maybe you’ll find it useful. Remember that it’s not about the stock, […]
