EquityOwl helps new businesses by connecting them with professionals who believe in the project and are willing to work in exchange for equity.
Lots of promising startups fail because of a lack of funding, which prevents them from hiring a talented team. Offering a solution is EquityOwl, which links up new businesses with professionals, who believe in the project and are willing to work in exchange for equity.
To begin, startups create an account and post their business idea. They include details about their business plan, how much equity they are prepared to trade and what posts they need to fill. It could be anything from an accountant or co-founder to a designer. Then, professionals browse the ideas and contact startups they would be interested in working with. When a partnership has been made, EquityOwl drafts the paperwork and coordinates the signing.
How else could entrepreneurs leverage their equity in the early days of their business?