Common Questions
Q
What happens if I leave before 24 months?
You keep whatever equity has vested. If you leave after 12 months, you keep 50% of your 2.5% stake (1.25%). If you leave before the 6-month cliff, you keep nothing.
Q
When can I sell my equity?
Equity becomes liquid at an exit event (acquisition or IPO) or through secondary sale with company approval. Standard lock-up applies.
Q
Do I have voting rights?
No. Equity is held through a STAK foundation which has economic rights but no voting rights. This is standard for influencer equity programs.
Q
What if Yonoo raises more funding?
Your equity percentage may be diluted in future funding rounds, but this is pro-rata across all shareholders. Your absolute value grows with the company valuation.
Q
Can I also get paid cash?
The founding influencer program is equity-only. However, additional cash arrangements (sponsored content, affiliate rev-share) can be negotiated separately.
Q
Is this legally binding?
This term sheet is a summary of key terms. A formal equity agreement will be provided by our legal team upon acceptance. Both parties must sign the formal agreement.