Sweat Equity Information

Our app is the clearest and easiest way to negotiate and issue the correct type of sweat equity. Compensating with Sweat Equity is a creative and effective way for a startup to get early traction prior to raising capital, but it can be fraught with potential issues for both the Company issuing the Sweat Equity and the Consultant contributing effort to the Company in exchange for Sweat Equity. Our mission is to help the startup ecosystem of startup entrepreneurs and talent get launched faster, at a lower cost, with more clarity, and with fewer disagreements over the critical issue of “who gets what” in terms of startup equity. Having lived with the consequences of both granting and receiving sweat equity (and having seen lots of startup horror stories involving contentious ownership fights), our app and agreement templates were developed through a collaborative effort of entrepreneurs and attorneys to develop sweat equity agreement templates that incorporate all of the necessary terms to protect both the startup founder that issues sweat equity, and the startup consultant or advisor that works for sweat equity. Features: - Select from multiple forms of lawyer-approved sweat equity agreements - Built-in instructions - In-app signatures - Dashboard of all past agreements