working for shares - advice needed
I have just joined up with a new company as the marketing manager. The company looks as though it could become fairly large within its niche and already has signed agreements from company's such as Nike offering sponsorships and advertising deals when a small number of paid accounts sign up.
We currently have 3k users and several well know personality's within the niche signing up and providing useful content.
ANYWAY...
as we are keeping things on a tight budget until the full realse we are all working for shares (5 key people)..problem is i have no idea about shares or what is a fair offer..
below is my initial share offer, if you can give any suggestions on things I should ask or check out please I NEED to hear them.
pual has worked pretty hard for 6 months so we made an agreement that he got 10.000 in shares every month to the valuation of 2m . And he will get provision in shares if a sponsor sign with us.. We could have the same but that you will get provision in shares depending on active users. Its just a first thought, we can discuss this in more detail in the next meeting. |
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