3min chapter

My First Million cover image

Reed Duchscher: Inside Feastables, Night Media and Niche Creator Businesses

My First Million

CHAPTER

How to Fund a Startup With a Million Dollars

A lot of the people that we interviewed for CEOs are actually incredibly excited about the opportunity and are willing to leave their big job at PepsiCo. How the deals are really structured is very similar to any other business. So you have like the cash basis that you're paying them, then you also negotiate some piece of equity over of like a four year vesting schedule. And so we've had a lot of success doing that.

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