Frequently Asked Questions

Find answers to all the questions you have about Grupa’s offerings, model and processes.

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Overview
What does Grupa do?
Why are we different?
How does Grupa work?
Workflow
How is the Evaluation session conducted?
When do I get to engage with the startup?
Can I work less than 25 hours per week?
Commitment
What commitment is required?
Is Grupa only for Teams? What about individuals?
Startups Portfolio
Where do Grupa source Startups?
What industries and startup stages is Grupa focused on?
Intellectual Property & Legal
Do I sign any contract?
How do I work around the legal concerns from contracts, work policy, non-competes, etc from Big Tech?
Is this legal?
Do I have to declare this with my current employer?
How does Grupa handle IP, NDA, & ownership?
I am on H1B and not allowed to take on another work, how can you make this work for me?
How does the tax work out?
Matching
Can I be matched with an existing team?
Must I have a FAANG background before being considered?
How do I see startups in need of my expertise?
How long does it take to get matched with a startup?
What happens next after I indicate interest in a startup?
Pricing & Payment
What does the compensation model currently look like?
Are these the final payments made to the experts?
How does Grupa’s 20% compensation fee work?
Why do experts get deducted from the total compensation fee?
What if I am not interested in cash compensation, can I still work with startups or choose only higher equity?
What is the vesting period?
What does Grupa do?

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.

Why are we different?
  • You get to angel invest your free time working on exciting innovative projects in exchange for equity and cash. 
  • We provide you the opportunity to work with VC-backed startups that are building high-impact products. 
  • You get the flexibility, and autonomy of work building these high-impact products at your own time.
How does Grupa work?
  • Sign up with your linkedin, select your preferences and update your skills and domain of interest. 
  • Get matched with startups of interest that do not conflict with your current work. 
  • Connect and chat with prospective founders and potential team mates (if needed).
  • Align on the product roadmap, work schedule, sign contracts, and kickoff work.
How is the Evaluation session conducted?

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.

When do I get to engage with the startup?

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.

Can I work less than 25 hours per week?

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.

What commitment is required?

At least 20-30hrs per week (weekends, mornings and evenings). You work on a flexible schedule.

Is Grupa only for Teams? What about individuals?

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.

Where do Grupa source Startups?

The startups on Grupa are sourced from VC Networks and Accelerators like YC, A16z, and 500Startups.

What industries and startup stages is Grupa focused on?

Grupa is focused on +/- Seed stage companies.

Do I sign any contract?

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.

How do I work around the legal concerns from contracts, work policy, non-competes, etc from Big Tech?

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.

Is this legal?

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).

Do I have to declare this with my current employer?

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.

How does Grupa handle IP, NDA, & ownership?

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.

I am on H1B and not allowed to take on another work, how can you make this work for me?

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.

How does the tax work out?

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.

Can I be matched with an existing team?

Yes! You can either work with your newly created team or join an existing team.

Must I have a FAANG background before being considered?

We’re prioritizing technical experts with backgrounds from either FAANG or the big tech companies.

How do I see startups in need of my expertise?

When you onboard, you can select your preferences and interests; the startups in your dashboard will be recommended based on your interests.

How long does it take to get matched with a startup?

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.

What happens next after I indicate interest in a startup?

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.

What does the compensation model currently look like?
  • Cash only (9% wants this): $10k/month per person.
  • Cash + Equity (90% want this): $6k/month + (0.25-1% Equity vested over 18 months).

            a) 1% Angel stage

             b) 0.5% Pre-seed stage.

             c) 0.25% Seed stage.

  • Equity only (1% want this): 2.5X (equity in B above per person).
Are these the final payments made to the experts?

Yes! Following the deduction of Grupa's 20% compensation fee, these are the experts' final payments.

How does Grupa’s 20% compensation fee work?

This is a fee deducted by Grupa from the total compensation made by startups to the experts every month.

Why do experts get deducted from the total compensation fee?

Grupa charges this compensation fee to experts for providing them the opportunity to invest into prospective startups with their free time.

What if I am not interested in cash compensation, can I still work with startups or choose only higher equity?

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.

What is the vesting period?

The Equity has an 18-month vesting period that involves a 3 months cliff and monthly vesting thereafter.