Founders' Pie Calculator

From Wikipedia, the free encyclopedia

The Founder's Pie Calculator is a tool for distributing shares when starting a business venture. It was first described in an article by Frank Demmler, who is an Adjunct Teaching Professor of Entrepreneurship at Carnegie Mellon University.[1][2]

In contrast to popular notion, the shares are not distributed equally (because "it's fair") but using a system of 5 important aspects of any business venture, assigning a relative weight to them and then rating the founders in each of these aspects.[3]

References[edit]

  1. ^ "L. Frank Demmler". Tepper School of Business. Retrieved 2016-11-14.
  2. ^ "Frank Demmler's Home Page". www.andrew.cmu.edu. Retrieved 2016-11-14.
  3. ^ "Cutting Up the Founder's Pie". www.andrew.cmu.edu. Retrieved 2016-11-14.