How to receive your fair share of equity

When:
April 10, 2019 @ 4:00 pm – 6:00 pm Europe/Vienna Timezone
2019-04-10T16:00:00+02:00
2019-04-10T18:00:00+02:00
Where:
TU the Sky
Getreidemarkt 9
1060 Wien
BA Gebäude 11.OG
Cost:
Free

The most successful ventures are founded by entrepreneurial teams rather than individual entrepreneurs, but a large founder team can be problematic as well. In the special case of establishing a university spin-out, the number of founders is likely to be higher, the team members fulfill various roles and have a different level of commitment to the day-to-day running of the company. As a provider of resources and permissions, you can expect the university to become a significant shareholder as well. Splitting the equity equally among university and/or founder researchers might be detrimental to the spin-out in the long-run. So how to make sure everyone gets his/her fair share of equity?

This workshop covers important topics like the size of the shareholding, how to split founder equity dos and don’ts and possible consequences, how to tackle founders who don’t commit 100% or want to continue their academic path as well as provide you with some tools to ease the process of splitting the founder’s pie.

At the end of the workshop you will:

  • have a good overview on what obstacles to avoid when founding a university spin-out
  • know what to expect when negotiating with your university
  • have gained some insights on how to structure your next steps

 

Lecturer:

Werner Wutscher

Werner Wutscher has many years of experience in top management positions in public service administration and corporate management. In the last few years, he has invested in startups and shared his knowledge and experience as a Business Angel („Austrian Business Angel of the Year 2012“). Understanding both worlds puts him in an excellent position to bridge the gap between corporations and startups.

 

NOTE:

During the event, photographic and video material will be taken. Please inform the TUW Innovation Incubation team at the registration in case you do not agree with appearing in this material.

The photographic and video material taken at the event will be used by i²c for printed and electronic media, including the Internet, for publication, education, lectures, radio, public performances, exhibitions or other promotional purposes.