Both Sides of the Table

JULY 22, 2010

Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

The Next Web

OCTOBER 10, 2013

How many founders are too many? You are the founder, the visionary, the uber-entrepreneur. Hire everyone you need as an employee. VCs don’t fund sole founders and, if you are alone, you’ve either got too much ego or you can’t convince someone to join you. Two” – You have to have three founders. Sometimes I’m wrong.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

blog.expensify.com

APRIL 24, 2012

Update: The end is near, Expensify is hiring a.NET programmer! As you might know, we’re hiring the best programmers in the world. If you are a startup looking to hire really excellent people, take notice of.NET on a resume, and ask why it’s there. Expensify Blog. Expense Reports That Don't Suck. Sjoerd Franken.

Java 107

Java PHP Software Review Coder 107