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Cell names in bold

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TotalExtended$4,180Running Total of all work (rates x hours) done

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PredictedTotal$25,000Predicted Total Cost of project to reach cash generating self sustainability - this is a highly speculative number and will change frequently with new information - this is a 'best guess'

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Estimated Cost of 1%$250Useful reality check, just 1% of current PredictedTotal for the mathematically challenged

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Running Allocated Percentage16.72%Indicates how much equity as % of PredictedTotal is allocated

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Suggested Rules of Thumb

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Owner shouldn't be able to make more than x/month- this will prevent owner from abusing system and firing everybody and paying himself 1MM /day and effectively destroying others' equity

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Percentages shouldn't be sold for VC/Angel financing after beginning w/o impacting/diluting all participants- this is to avoid owners allowing investment that wouldn't dilute themselves

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Any lump grants for idea origination etc should be set out at beginning

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Rates should not be set indiscriminately, but most importantly should be consistently calculated

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creative commons license sharealike 2.5 author Jeff Krupman 11/16/2006

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contact: fk.20.krupman@dfgh.netblog/discussion