Word of the Week
#EnvolveEDU

Grunt Fund

/ɡrʌnt. fʌnd/n.

 

A grunt fund gives fiscal value to all contributions, tangible and intangible, a founder makes to a startup. Everything from intellectual property and connections to time and cash is valued by the fund.
A complex formula then assigns weight to each contribution and allocates company equity stakes amongst the founders accordingly.
Read more in the article we have sourced for you.
Find the article here

©2019 Envolve. All Rights Reserved

Resilience Kit during COVID-19 pandemic

#together
Get through the global crisis of COVID – 19 browsing through resources from the startup community we gather for you daily.

SEE MORE