ViM People - Inc Branch Office
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The document outlines plans for a new branch office of Vim People Inc, including establishing an equity compensation team to support the branch's launch and growth. It identifies key leadership roles - referred to as "gurus" for Culture, Operations, Technology, Finance, and Marketing - who will own their respective areas and operate similarly to a franchisor model in supporting the branch. The branch aims to raise $1 million in funding at a $3 million pre-money valuation to cover its budget and capitalization, and plans to generate income through franchise-like fees from new locations and a percentage of branch revenues.
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ViM People - Inc Branch Office
- 1. Vim People Inc Branch Office
- 2. PurposeSupport Boulder branch launch and growthRecruit equity compensation team to build out company systemsManage equity compensation teamLeadership team for others would refer to as “C-suite” CEO, COO, CFO, CTO, CMO not sure our terms it will not be these titlesResponsible for expansion of branchesBest model would be to operate like “Franchisor”
- 3. MembersCulture Guru(CEO)- owns the culture and overall strategic plan for Vim People, Inc.Operations Guru(COO)- owns the operational expansion and systems development to connect and support branches Technology Guru(CTO)- owns the architecture and software systems for entire systemFinance Guru(CFO)- owns the finance and accounting systems, also corporate governance complianceMarketing Guru(CMO)- owns the marketing of the Vim People brand and coordination with branchesIdeal four Founding Partners based on VABC modelCrew to support founding partners
- 4. Capitalization & FundingBudget- can raise $1,000,000 at about $3M pre-money valuationsIncome- could charge like a “franchise” fee to open a new location, could create a billing model for services to branches, could get % of branch revenues for services and support4,500,000 shares for equity compensation including the equity crew