Find answers to all the questions you have about Grupa’s offerings, model and processes.
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Grupa gives you the opportunity to angel invest with your skills and time to work with VC-backed startups to build the next big thing.
The evaluation session is conducted in a format that allows both the expert and founders a chance to meet and evaluate compatibility across culture, mission, product vision, technical abilities, and expectations. This will last for a duration of about 60 - 90 minutes.
Once an evaluation session is over, we follow up with you and the founders to discuss the potential next steps which may involve the signing of a mutual Non-Disclosure Agreement (NDAs), and Service-Level Agreement (SLAs) just before the project kicks off.
Yes! This is however dependent on the agreement between you and the startup founders. Experts on Grupa are expected to work a minimum of 20 or 30 hours per week.
At least 20-30hrs per week (weekends, mornings and evenings). You work on a flexible schedule.
With Grupa, you have the liberty to work alone, team up with others, or form your own team with friends/colleagues or ex-colleagues to work with prospective startups you find exciting.
The startups on Grupa are sourced from VC Networks and Accelerators like YC, A16z, and 500Startups.
Grupa is focused on +/- Seed stage companies.
Yes, our standard contract is generated in realtime and signed on the platform before engagement begins. Grupa handles the contract to help accelerate the administration, and engagement process.
Right now we focus on California, where the non-competes are not enforceable. We match people with startups based on their interest (and domains that do not directly compete with their current work). As long as you use your own computers, tools, and resources, you are perfectly fine.
Yes it is. The laws of California generally protect the rights of California workers to freely work. California Labor Code section 96 essentially prohibits employers from punishing employees who engage in moonlighting in their free time.
Beyond California, It’s also legal in other employee labor friendly states like New York, Washington, Chicago, District of Columbia, Oregon and Massachusetts as well as employee neutral states. Except for states like Kansas, Texas, South Carolina, Alabama, Mississippi, Georgia, North Carolina (in these states, you require explicit permission from your employer or manager to take on engagements on Grupa).
If you are in California, District of Columbia, New York, Washington, Oregon, Massachusetts, New Jersey, Connecticut, Puerto Rico, & Illinois, you can do this without seeking permission.
Anywhere else in the US, you may need to check your contract and confirm with your company policy if you need to ask permission from your Manager or HR.
IP belongs to the startup! We strongly advise that as an expert, you stick to accepting startups that don't conflict with your work at office and that you avoid disclosing office IP with startups you work with.
Right now, the equity only compensation model is at best available for experts on H1B since you are not allowed to earn cash in the United States.
We are also exploring other creative solutions which include matching you with a team outside the US or recommending startups in domains and industries that don't conflict with your work like Crypto.
At this stage, you are responsible for filing your taxes and 1099. We have plans to build into our system this workflow to make it easier and seamless for you.
Yes! You can either work with your newly created team or join an existing team.
We’re prioritizing technical experts with backgrounds from either FAANG or the big tech companies.
When you onboard, you can select your preferences and interests; the startups in your dashboard will be recommended based on your interests.
As quickly as possible which takes about 7-10 days. Our goal is to match within 24-48hrs after your profile has been activated on the marketplace. We keep striving to accelerate this and bring down the onboarding to matching time.
The founders will be notified of your profile. Once they also indicate interest in you, we will follow up with the next step that involves setting up an evaluation session between you and the founders.
a) 1% Angel stage
b) 0.5% Pre-seed stage.
c) 0.25% Seed stage.
Yes! Following the deduction of Grupa's 20% compensation fee, these are the experts' final payments.
This is a fee deducted by Grupa from the total compensation made by startups to the experts every month.
Grupa charges this compensation fee to experts for providing them the opportunity to invest into prospective startups with their free time.
The current equity offered is 0.25 to 0.5% if cash is also chosen, but if it is only equity and the startup is pre-product stage, it could be as high as 1%. This information varies from startup to startup.
The Equity has an 18-month vesting period that involves a 3 months cliff and monthly vesting thereafter.