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January 23, 2010

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Robert David

This same 'later stage can't pay you anything up front' ruse gets done for sales and marketing types, too.

It usually takes one bad experience for people to understand that working for sweat equity is a bit 'stinky' - fool me once, shame on you, but fool me twice, shame on me.

That's why it makes sense to get some combination of cash/deferred cash and equity, if you can.

~Robert

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