venturehacks.com

OCTOBER 21, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS The Option Pool Shuffle by Nivi on April 10th, 2007 “Follow the money card!&# – The Inside Man, Three-Card Shuffle Summary: Don’t let your investors determine the size of the option pool for you. Don’t lose this game.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

venturehacks.com

SEPTEMBER 22, 2011

by Nivi on July 19th, 2007. In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. If the answer is yes, she is a possible hire.

Equity 40

Equity Cap Table Valuation RSS 40

venturehacks.com

DECEMBER 9, 2012

This is the advisor paradox : hire advisors for good advice but don’t follow it, apply it. Your task is to hire the maverick advisors in the crowd. Hiring advisors is an ongoing effort. Then hire him if you like the results. The Option Pool Shuffle. ” – Jeffrey Pfeffer , The Human Equation.

Advisory Board 50

Advisory Board Cap Table RSS Cofounder 50

thestartuplawyer.com

FEBRUARY 24, 2010

View Comments lk says: October 23, 2007 at 9:56 pm the co-founders of textworks just experienced getting shafted by a co-founder! Ryan says: October 24, 2007 at 7:00 am I’m sorry to hear about that. Who must be a co founder and who can remain a hired principal? so glad we found this blog [too bad it was a little too late].

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

www.startupnorth.ca

OCTOBER 23, 2010

Being an early hire at a startup gives an individual the ability to make tremendous impact on an organization as it grows – and both the founders and those hires should know it.” This should force companies to think about building value with each early hire, and not just filling a position. It’s just unfeasible.

Employee 41

Employee Founder Salary Equity 41

venturehacks.com

FEBRUARY 24, 2010

Breakups are hard If you’re going to fall out with your co-founder, do it early, recover the equity into the option pool to keep the company going, and recruit someone else great to fill the missing slot. Geeks can always be hired. Build in founder vesting (a.k.a. Learn more. Our Bookstore See our recommendations.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

venturehacks.com

MARCH 21, 2008

Advisor compensation Whether you’re hiring a normal advisor or super advisor: Advisory shares are usually issued as common stock options. The options typically vest monthly over 1-2 years with 100% single-trigger acceleration and no cliff. Many advisors want options they can exercise immediately —that’s fine.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44