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How to receive your fair share of equity

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How to receive your fair share of equity

April 10, 2019 @ 4:00 pm - 6:00 pm CEST

Workshop description

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

More about the lecturers:

Magdalena Hauser

After studying Management and Economics and Interior Architecture and starting to work within the start-up scene Magdalena founded the I.E.C.T. – Hermann Hauser together with Josef, Johannes and Hermann Hauser in 2016. They focus on providing access to international know-how and smart money. Since February 2018 she took the position of the CEO and became proxy for the Hermann Hauser’s investment vehicle. Her main activities contain amongst others running the investment process, developing new programmes to foster entrepreneurship within the research and science society and building up a startup-friendly ecosystem with national and international partners. Alongside Magdalena works as mentor and coach for different programmes and is co-founder of the non-profit association AI Austria – Austrian Society for Artificial Intelligence.


***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. There is no fee, but registration is required via https://bit.ly/2H3Su5k

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.***

Details

Date:
April 10, 2019
Time:
4:00 pm - 6:00 pm CEST
Event Category:
Website:
https://www.eventbrite.com/e/getting-your-fair-share-of-equity-tickets-58069305857

Venue

TUtheSky
Getreidemarkt 9, BA building, 11th floor
Wien, Wien 1060 Austria
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