A Beta Briefing desk
The Fair Share
Contribution-based equity, founder fairness, and the future of who owns what.
Chronicler of fair ownership and the founders rewriting the equity playbook
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Recent briefings below
Recent Briefings
A new accelerator is rewriting the standard dilution formula so higher valuations shrink investor ownership instead of founder stakes. We're also tracking new Treasury scrutiny on a popular QSBS trust…
The definition of ownership is being stress-tested at both ends of the market. While Mark Cuban lobbies to make broad-based stock a federal tax priority, Blue Origin's equity design reveals how easily…
A New York court just gave a FanDuel co-founder the green light to drag KKR into discovery over an eight-year-old cap table squeeze. Meanwhile, Australia's capital gains tax overhaul reveals a mathema…
Courts and investors are drawing hard lines around founder equity conduct today, from an Irish judge freezing a solar startup's board over an alleged co-founder coup, to a Mumbai VC publicly rebuking …
Today on The Fair Share: the Altshare equity data we examined yesterday yields a second warning about early-stage dilution, a bizarre ChatGPT plot triggers a court-ordered company liquidation, and Car…
Today on The Fair Share: the Australian capital gains tax battle we've been tracking takes a legislative turn, new data reveals a sharp concentration of startup equity at the top of the org chart, and…
Today on The Fair Share: from a retroactive compliance shock in India to a structural tax gap in Ireland, today's edition tracks the jurisdictional frictions that are actively repricing early-stage eq…
Today on The Fair Share: as the fallout from Australia's capital gains reforms continues to broaden, we are seeing equity structures stress-tested across the board. From co-founder lawsuits weaponizin…
Today on The Fair Share: equity promises are easy to make and surprisingly hard to keep โ three case studies this edition show exactly where the gap opens, and what founders designing ownership struct…