Molina tied his Tweet Hunter equity vesting to specific MRR milestones
JK Molina · Startup Acquisition Stories with JK Molina, Co-founder of Tweet Hunter · Aug 8, 2023 · at 24:50
JK Molina (co-founder of Tweet Hunter) explains how he negotiated his equity structure with technical co-founders Tibo and Thomas based on monthly recurring revenue milestones.
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“The way we structured that was, I was going to get 10% at launch. I was going to get 15% at 25 K AMR. I believe, and I was going to get 25% at forty-pay MRR”
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Molina: Tweet Hunter sold to Lempire for $1.4M at 1x ARR
“We built and sold TweetHunter, which is kind of a tweet scheduler just recently on Twitter, and we sold it to Limpire for 1.4 mil, which was, like, around one XAR maybe, like, six months ago, that was 20, 21, and yeah, that's how I connected with Andrew.”