Jul 6, 2008
FAQ – Founder’s Co-op.
Every founder (or founding team) is asked to contribute 5% of the equity in their company to the Founders Pool. In exchange, the founders receive an ownership stake in every other company funded by the Co-op in that calendar year. This pooled equity interest among Founders creates a tangible incentive to share ideas, information and support with other Founders Co-op companies, ensuring that a success realized by any one of our companies is a success for everyone involved.
[From: FAQ - Founder's Co-op.]
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