As part of the 3rd annual Google for Entrepreneurs Week, Startup Grind Lagos and Google for Entrepenuers are excited to host the 1st Google for Entrepreneurs Week Africa Series for founders. In addition to the goodies and refreshments, we'll be gathering founders to address the question "How to split equity fairly amongst cofounders".
You and a partner go in "50/50" on a new startup. You do all the work, he owns half the company. Now what? Slicing Pie outlines a simple method for dividing equity in an early stage company that tells you exactly the right number of shared for each participant. All other methods of dividing up equity create problems - all of them.
This is the perfect event for anyone in the process of starting a company or thinking of doing so. This a hands on event. You will leave with hands on practice on how to split equity amongst cofounders and other contributors.
Mike Moyer is a career entrepreneur who has started companies, worked for startups, and held senior management positions at established businesses. He is now the managing director at Lake Shark Ventures LLC, a company that provides growth consulting and early-stage investments. He is an adjunct faculty member at Northwestern University and the University of Chicago's Booth School of Business. He is the author of several business-related books including Slicing Pie: Funding Your Company without Funds. He lives in Lake Forest, Illinois, just north of Chicago.
1 hour: Arrivals, Networking, Teas
30 minutes: Welcome Note, Google Rep
1 hour: Intro to Slicing Pie
15 minutes: Q&A
15 minutes: Group Formation
15 minutes: Lab Guide Review
1 hour: Slicing Pie - Hands on Lab
30 mins: Equity Presentations from teams
30 minutes: Closing, Book Signing, Feedback form Collection
1 hour: Lunch
Google for Entrepreneurs Week is an annual week celebrating entrepreneurs and the anniversary of the Google for Entrepreneurs team. Googlers from around the world host events throughout the week, sharing their time and expertise with businesses, from tech startups in Berlin, small business owners in Johannesburg, to women entrepreneurs in Sydney. Our goal is to positively impact entrepreneurs globally by equipping them with the skills they need to build and scale their businesses.
Last year, 4,800 entrepreneurs participated in Google for Entrepreneurs Week events in 45 cities and 31 countries. For more information and to get involved, check out g.co/entrepreneurs, and follow us on Twitter and our Google+ page.