Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Hunter Walker

AUGUST 24, 2014

When Google went public in August of 2004 one of the first things I did with my employee grants was sell enough to pay off my student loans. The vast majority of my future savings was (a) not vested yet and (b) tied to hope for future stock grants I’d earn. Did I work any less hard the next day because of my liquidity event?

Founder 108

Founder San Francisco Liquidity Event LP 108

www.chubbybrain.com

SEPTEMBER 28, 2011

If I tell someone I’m the mayor of a spot, I’m in an instant conversation: “What makes you the mayor?” Go vest yourself. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders. It’s not about good ideas or bad ideas: it’s about ideas that make people talk.

Software Review 79

Software Review Startup Technical Review Vesting 79