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Sage'd Profit-Sharing & Governance via Dynamic Equity

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Sage'd Profit-Sharing & Governance via Dynamic Equity

Governance and Profit Sharing are based on dynamic equity shares

But Governance is weighted using a formula to incentivize continued participation and level the playing field so investors don’t take over

Our multipliers for Profit-Sharing

Work and non-cash - 1.5x

Cash Invested 3x

Less then the standard ones in the Slicing Pie Formula because we provide multiple incentive bonuses

Governance is weighted using a formula

The objective is to provide more clout based on

how much work or their own cash they have contributed

multipliers are NOT utilized

so cash and time worked are equivalent

level the playing field

squared root voting power with max

so someone who contributed 1000 times more hours or cash would only get 10x more voting more (since we use square root but max out at 10x multiplier)

semi-recent contributions

rolling-basis of last 3 years

someone who stopped contributing work 3 years ago would have no more voting power

domain-level expertise

commitment level

how many of their commitments have they fulfilled

penalized peeps who take on too much and don’t accomplish it

length of commitment

Formula

Number of Hours multiplied by need level

for example

Plus Domain specific multiplier

Shares are distributed via

Estimate the fair market value of the work provided

One share equals $1

Subtract any payments/payouts for that work done

like salary

Bonus shares are provided

Loyalty

staying on for duration

1.[n+1] multiplier - n = number of years involved

so at the end of the first year shares are multiplied by 1.1

Performance Bonus

not a multiplier

based on the surplus that quarter

actual amount/percentage based on governance

only for equity

not all hours and work equal the same amount

so rewarding for making a larger impact

decided by the circles/domains

so mini-governance within

A fixed amount of bonus points are able to be allocated every quarter for work that progressed the mission the furthest

Can be split among individuals

Every share holder must log their hours, including date, start time, end time and notes about what work was done into the official time tracking record. For time logged before this dynamic equity agreement was created it is sufficient to have bulk estimated hours.

Founders-Circle-Share-Class

a special class designed to deal with founders getting pushed out via investors after putting in so much sweat equity during the uncertain beginnings

Founders share is fractionalized/vested over the first year

only becomes a real share once been there over 12 months

only for those coming in during the first 18 months

from date of inception / invite for co-creators

minimum number of hours per quarter required

must participate at least X% as much as all the rest of the founders

Governance multiplier based on equity-shares

for believing in the Org

⁠

Questions

How do you count meeting or research time?

Since some people will spend hours bullshitting or just reading websites/books

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