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Founders want creators on cap tables, and creators want ownership stakes instead of flat fees. The shift from pay-per-post to equity is reshaping influencer deals, but the industry lacks a standard structure for valuing, vesting, or negotiating creator stakes.
Creators are "wanting to do more than just earn money, they're wanting to build wealth," said Kate McAndrew, co-founder of the $100 million pre-seed fund Baukunst. At the same time, founders of startup companies "want creators on their cap tables. They understand the value of creators."
The Washington Post reported on the missing infrastructure around creator equity deals, highlighting the gap between demand on both sides and the absence of standardised deal structures. Creators who built audiences are asking why they should cap their earnings at a one-time cheque if they're driving enterprise value. Brands, especially early-stage startups, see equity as a way to stretch budgets and secure long-term commitment. Neither side has a rulebook.
95 billion. The deal was completed on May 19, 2025. Alix Earle has been an investor with the brand since 2024. 95 billion sale to PepsiCo.
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