by Zack Steven | at Minnebar 17 | 1:55 – 2:40 in Challenge | View Schedule
As Evan Armstrong articulated so compellingly last fall in his article "Venture Capital is Ripe for Disruption," the current models of startup funding leave too many founders, too much talent, and too many potential investors on the sidelines.
In this session, we'll explore the larger trends in the startup and funding landscape and take a deeper dive into the Shared Success Agreement. The agreement was created by me, has been used successfully by my company Cloudburst, SBC, and is open-sourced at sharedsuccessagreement.org.
Shared Success is a new founder-friendly funding alternative to equity, debt, or a SAFE. It enables people to invest time and/or money in companies for a share of future revenue.
For Founders, Talent, and Funders
Our Vision Democratize entrepreneurship and investing globally, empowering the masses to launch new ventures and create wealth together.
There will be time for Q&A and discussion. I'd love to hear about what you're working on!
I am a lifelong entrepreneur and leader who is passionate about good design, big ideas, and strong inclusive communities.
I find the path from napkin to traction exhilarating and have traveled it multiple times personally and with clients. I am a Founding Partner of Monkey Island Ventures, and CEO of Cloudburst, SBC.
I have a degree in Studio Art from Grinnell College and have spent the past 20 years mastering the art of business in leadership roles across Product, Sales, Finance and Operations for organizations ranging from startups to public companies. At its best, business is sculpture.
I hold several patents, am a Minnesotan on the Move award recipient, and have served on non-profit boards including MetroIBA, St. Paul Central High School Foundation and Unity Church-Unitarian. I am a native of The North and live in Edina with my wife and two sons.
If any of this aligns with your interests, let's connect on Twitter: @zacksteven or in person at MinneBar. Just @ me.
