Both Sides of the Table

OCTOBER 14, 2015

The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005.

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150

ReadWriteStart

AUGUST 26, 2022

Good CEOs will look inside and say: “Hey, maybe we’ve been hiring a little bit too much during the sugar rush phase of the pandemic, and what does that mean for performance management? Can we squeeze out more from folks that we’ve hired, and are there things that maybe we have completely neglected? Have we become soft?

Partner 132

Partner Cofounder Retention Acquisition 132

blog.captainrecruiter.com

MARCH 8, 2012

Eventually I was able to scrape up a few bucks and hired Sarah to build me a website prototype. Eventually Ill hire a software geek of my own, but right now Im doing just fine without one. It's not a question of me being unwilling to work for equity -- I am. Also hire offshore devs to assist you in building your product.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

500hats.com

AUGUST 2, 2012

Or, as my friend Marc Andreessen might say, Software Eats the Private Equity World. While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Altgate

APRIL 28, 2012

—————————————– I’ve been collecting data about startups and compensation since 2001. The big difference is in equity: Startup CEOs who are not founders get 6.2 times as much equity as the lowest-paid member of their team. Myth number 2.

Silicon Valley 50

Silicon Valley Vesting New York City Equity 50

www.noamwasserman.com

MARCH 26, 2012

I’ve been collecting data about startups and compensation since 2001. The big difference is in equity: Startup CEOs who are not founders get 6.2 times as much equity as the lowest-paid member of their team. Founders often believe that their own compensation is a ceiling beyond which they will not have to pay new hires.

Silicon Valley 40

Silicon Valley Vesting New York City Equity 40

Both Sides of the Table

OCTOBER 22, 2009

Only Hire A+ People Who Punch Above Their Weight Class. There are people who tell startups that they should hire the most senior people that they can find. I’m a big believer in only hiring A+ team members. Hiring the big gun will often still be one weight class above where you want to hire. Not so fast.

Hiring 327

Hiring Startup Equity Sales 327

Venture Chronicles

OCTOBER 31, 2010

Don Dodge wrote about a very dry but critically important issue facing private companies that issue equity to employees… 409A valuations : IPO bump? – If private investors have already bid up the valuation, will there be an IPO jump in the stock price? This breaks the conventional wisdom about pre-IPO stock options.

Valuation 42

Valuation Stock Options Lock-up Period IPO 42

Hearpreneur

SEPTEMBER 16, 2020

Hiring an expert or a coach to walk you through this stage can help you minimize the chances of failure although identifying the problem first can be a great way to create a long-lasting strategy. Unfortunately, he was fired and all of that potential equity disappeared. Thanks to Paige Arnof-Fenn, Mavens & Moguls ! #2-

Entrepreneur 107

Entrepreneur China Incubator Philippines 107

The Next Web

OCTOBER 10, 2013

Hire everyone you need as an employee. Of course, Excite also went bankrupt in 2001, so maybe five is a terrible number? Your company needs to be worth three times more for your equity to be worth the same. The required number of cofounders for success is: “Zero” – You don’t need a cofounder. One” – You have to have a cofounder.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

This is going to be BIG.

JULY 30, 2015

One of the first things I did when I joined the venture asset class as a lowly institutional LP analyst in 2001 was to build the VC fund cashflow model. Toss in a few acqui-hires in the $6-8mm post seed. Comparatively, if you look at long term private equity results, I think most investors are winding up with high teens returns.

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

The Startup Magazine

MARCH 3, 2020

By 2001, he was invested in the stock market and witnessed a unique situation where the stock market was in a tumble and, simultaneously, real estate was going up. When he hired property managers, they ended up taking the majority of his profits. Early Career in Real Estate . Good Investment Advisors and Good Investments.

New York City 106

New York City Marketing Technical Review New York 106

David Teten

FEBRUARY 3, 2014

It might appear that origination is becoming much easier because of new tools like AngelList and the SEC moving toward adoption of rules that will allow equity based crowdfunding. We published the full report in the Journal of Private Equity ; it’s now the #2-most viewed article in the Journal’s history.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Hunter Walker

JANUARY 24, 2021

You see, it was for work I’d performed from 2001–2003 at a startup called Linden Lab, the company behind virtual world Second Life. A career in technology is a very good path to financial stability and stock equity has been a meaningful contributor to that for me and many others. Don’t overthink it.

Silicon Valley 83

Silicon Valley Equity Vesting Cofounder 83

Eric Friedman

AUGUST 18, 2021

From who we hire to the way we go to market, from how we engage with our limited partners to how we engage with founders, it’s all about being very focused on quality and consistency so as to affect strategies to generate meaningful carry for ourselves and our limited partners. Dan Kimerling: I love 2001: a Space Odyssey.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Startup Lessons Learned

JUNE 12, 2020

It means hiring carefully from the start. RISD Industrial Design Program Jony Ive Joe Gebbia Nate Blecharczyk Sam Altman Sequoia x Airbnb Jeff Stump on hiring Paul Graham Tara Bunch Pablo Picasso: "It took me four years to learn to paint like Raphael." But in order to do that, we have to start with the right first principles.

Silicon Valley 113

Silicon Valley Design Hiring Government 113

David Teten

NOVEMBER 30, 2020

Amelia Investments – “Amelia Investments is a private equity fund creating economic opportunities throughout the Middle East region. Siraj Fund Management Company (SFMC) is the first Palestinian private equity fund manager. We are entirely equity and profit free.”. Apply here. Siraj Capital. SUGGESTED BACKGROUND READING.

UAE 60

UAE United Arab Emirates Technology 60