Saturday, November 12, 2011

1% Of Nothing Launches To Get Startups Donating Equity

1% Nothing LogoShervin?Pishevar and Matt Galligan have just formally announced the beta launch of their new organization 1% of Nothing. It's aimed at?inspiring early-stage companies to donate 1% of their equity to a cause of their choice. The idea is that startups pledge 1% when that equity may be worth nothing, but if they're acquired, that 1% becomes a significant donation. Starting today, whole companies and individual employees alike can make the pledge to donate 1% of their equity.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/oww7gAsJxMw/

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