Fairly Exact Framework
Close enough to be trusted. Fair enough to be accepted.
The Problem
Most equity systems force you to predict the future at inception. Who will contribute what over the next 5 years? What will each person's role become? When will people leave?
Reality is always different. But traditional vesting and equity agreements make corrections cumbersome, expensive, and contentious.
Fairly Exact shortens the prediction horizon to manageable blocks of work, allowing natural adjustment as your company's story actually unfolds.
How It Works
Define Short-Term Blocks
Set milestones you can actually see (4-12 weeks)
Weight by Risk & Stage
Early work gets higher multiples (5×→4×→3×→2×→1×)
Allocate by Actual Contribution
Split each block based on who does what
Accept & Mint
Acceptance mints the approved allocation and marks the block MINTED
Why This Works
Shorter Predictions
You only predict the next milestone, not the next 4 years
Natural Corrections
Each block is a fresh allocation based on current reality
All Work Valued
Build, Sell, Manage, Maintain - every contribution type counts
Clean Exits
Departed contributors retain their accepted-unit balance while governing documents determine its legal effect
An Anchored Denominator
Contribution Blocks use a contractor-equivalent scope proxy; the sizing formula does not require a company valuation
A Defined Ending
The member ledger freezes into path-neutral percentages before final ownership is implemented through a fixed LLC or corporate conversion