ALOHA

I started a wearable company and have brought on three other people: CEO, CTO, CHO, & CMO. We have the design and patent. We were selected for an accelerator.

Now I want to bring on a CFO. Is it ethical or even legal to accept a nominal fee of $17.5k to allow a CFO to join us?

  • DimensionCharming808OPBEnglish
    1·
    10 months ago

    SO the next equal share might be around $150k if there is even a share available.

    I have heard of positions on a board of directors sell in the millions.

    I already signed a promissory note to fund the company with ten million dollars.