Insight certainty 3/5 debate potential 3/5

Nussenbaum: Co-founder equity shouldn't be measured by individual contributions

Max Nussenbaum · EP 345: Replacing Property Managers With $79 Flat Fee, $31k in MRR with Max Nussenbaum of EnterCastle.com · Jul 4, 2016 · at 21:59

Castle co-founder Max Nussenbaum explains why his three-person founding team chose an even equity split despite differing roles.

0:00 / 0:21exact quote · 21.1s
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“I don't feel that the equity split should necessarily be like, oh, you look at exactly what each of us is bringing to the table and then we measure it out exactly right. Like number one, you, this is going to be like a long journey and you can't always predict that in advance. And like, and number two, I think what any of us individually brings to the table pales in comparison to what the three of us can collectively bring to the table as a team.”

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Disclosure
Castle charges a flat fee of $79 per month per unit
“We charge a flat fee of 79 dollars per month per rental unit. So it's just a basic subscription service.”
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Assertion Not checkable as stated
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