TenMedia

Code for Equity

What does Code for Equity mean? Code for Equity

Code for Equity describes a method of financing, where we get compensated with company shares instead of money. For further details, you can visit our other articles about Code for Equity.

How high are the shares for TenMedia? Code for Equity

We pursuit a share between 5% and 15%, though the difference between company value and development expenses must be financed accordingly. We cannot forego monetary compensation completely. For the remaining amount, it is possible to arrange a suitable financing.

How do projects / businesses get evaluated? Code for Equity

We adhere to common assessment methods and like to involve an external management consultancy. The business assessment for start-up projects, in cases where sales have yet to exist, turn out to be quite challenging. In this case, the company value depends on the produced contributions. On these occasions, we are extremely flexible, depending on the project, founding team etc.

Do I need equity to be able to use Code for Equity? Code for Equity

As the name suggests, equity is usually necessary for Code for Equity. This is especially the case if the development expenses outweigh the company value by 25%. The necessary assets can be brought in as parts of contributions of the own company.

We already have a developer. Would TenMedia still be interested in participating? Code for Equity

Code for Equity is only possible for us if the whole technical development is done by us. Still, we would gladly support your project as a classical agency.

What do I have to do if I am interested in working with TenMedia? Code for Equity

To get a good overview of your idea, we would like you to answer these following questions and forward your inquiry to us: - How big is your team, including external agents, companies, freelancers etc.? - Do you already employ a developer? Who did the technical development up to this point? Which systems were used? What is still left to do? - When were you founded? - How many hours of work per month do you invest in the project? Do you supervise this project in fulltime or are you working on something else or somewhere else? - Do you already have a Proof of Concept? Do you already have sales? - Who finances the project and how will it be financed in the future? - How much budget is available for advertising and marketing? - Do you have a marketing plan? Perhaps even a scalable Conversion Channel? - What are your expectations for a partner agency in regards to development? - What are your milestones for the next 3 / 6 / 12 months?

All contact requests are free of charge and non-binding, by phone, e-mail and in person. We are happy about every project and will get back to you as soon as possible.