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. 2008) [iv].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. So even within the “alternative class&# our LPs are looking at other asset investment choices such as distressed buyout funds, private equity or hedge funds. Our current fund was raised in 2008/09.] VC will shrink. Oh yes it will.

LP 311

LP Technical Review Early Stage Silicon Valley 311

The Next Web

OCTOBER 10, 2013

Hire everyone you need as an employee. We started our online backup company with five in 2008, and all five are still running the company today. 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.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

Steve Blank

MARCH 31, 2014

Since the financial crisis of 2008, policy makers have kept interest rates at near zero, flooding the market with cheap money in an attempt to restart growth. Today billions of dollars that companies could have invested in innovation are sitting in the hands of private equity funds. We legalized robbing the corporate treasury.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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 102

Entrepreneur China Incubator Philippines 102

Steve Blank

MARCH 17, 2020

If it’s just three-months, (looking more unlikely by the day) then an immediate freeze on variable spending (hires, marketing, travel, etc.) Data from the last large crash in 2008 had seed rounds recovering early, but later stage funding cratered and took years to recover. and Europe into a long recession? is in order.

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

VC Cafe

FEBRUARY 11, 2020

For the purposes of this post, startups are companies started post financial crisis (since 2008), either private or public. Slack Fund (founded 2009) – with a market cap of $12 billion, Slack Fund is an $80 million fund, investing dollars for equity to startups developing on the Slack platform. Startup Funds.

Balance Sheet 201

Balance Sheet Startup IPO Venture Capital 201

Altgate

SEPTEMBER 16, 2010

For example, you can barter for a service or you can negotiate payment terms or even equity for service. World class In-house UX is one of the most challenging hires you’ll make. Now, for very early stage companies, you may be thinking, “I don’t have any cash, so outsourcing isn’t an option.&# To that I say baloney.

Software Review 65

Software Review Offshore Startup Boston 65

rapidrollout.wordpress.com

JANUARY 15, 2011

He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&# And finally, you may be able to avoid diluting your equity. And why would you hire a technology guy who launched a failed startup?

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

ReadWriteStart

OCTOBER 7, 2010

Bottom line, early stage equity is very, very expensive. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I HirePlug.com.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

YoungUpstarts

NOVEMBER 17, 2020

New business applications are the highest since 2008, reports the Wall Street Journal. When considering changing his selling strategy, Ted asked for my help to determine if he could afford hiring sales staff and the long close cycles business customers required. by LJ Suzuki, CFOShare.org. I say it’s brilliant, and at least 1.1

Entrepreneur 192

Entrepreneur Cofounder Startup SEO 192

Altgate

OCTOBER 1, 2010

To the right of that are five charts one each for: Current Equity Equity at Hire Base Salary Target Bonus Actual Total Cash Each of these bar charts shows the respective compensation for the management team on a percentile scale (compared to the cohort). I would love to hear your thoughts. Bookmark the permalink.

Part-Time VPE 39

Part-Time VPE Startup Salary Equity 39

rapidrollout.wordpress.com

OCTOBER 23, 2010

How can I go about looking for a (very) good programmer willing to do this as sweat equity? You can find a technologist to join you as a partner, for half of the company’s equity. Or you can find seed-stage investors who will give you the money to hire a developer. The alternative is to offer them equity in your company.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

venturehacks.com

MARCH 21, 2008

Products Archives @venturehacks Books AngelList About RSS Everything you ever wanted to know about advisors, Part 2 by Nivi on February 27th, 2008 Here are more frequently asked questions about advisors. Finally, there is a beauty to paying in equity rather than an equivalent amount of cash. Equity is the gift that keeps on giving.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

Startup Company Lawyer

MAY 1, 2009

CompStudy publishes an annual report of equity and cash compensation that provides compensation data on top management positions and Boards of Directors at private companies in technology and life sciences. The 2008 results are available on Altgate and are also embedded below. 2008 CompStudy Report in Technology.

Stock Options 31

Stock Options CTO Hire Equity 31

The Startup Magazine

SEPTEMBER 2, 2021

They provide an excellent way for startups to train their employees without incurring the cost of a physical location or hiring more staff members. Employee ownership gives these entrepreneurs this autonomy as well as equity in the startup! Employee-Owned Startups. Innovation Centers.

Startup 124

Startup Social Media Global Incubator 124

femgineer.com

JULY 18, 2010

If you’re a founder who is still trying to grasp the product roadmap and create a company vision its probably not a good time to hire an engineer. Sweat equity or salary? There are a lot of engineers out there who have been burned by founders who pull and push them in a variety of directions.

Engineer 41

Engineer Software Review Startup Technical Review 41

The Next Web

JANUARY 14, 2014

Back in 2008, investor Peter Thiel posited that a low CEO salary was the best predictor of startup success: “The lower the CEO salary, the more likely it is to succeed. It aligns his interest with the equity holders. Average salaries around the world vary from a low of $30,208 in India to a high of $72,363 in Australia.

Salary 167

Salary Silicon Valley San Francisco Founder 167

Women Entrepreneurs Can

MAY 5, 2020

Occurrences such as the global financial crisis of 2008 and COVID-19 outbreak both fall into this category. A great way to minimize this risk is to hire and train great employees, or to hire some of the business processes out to qualified professionals. About the Author. Feel free to connect with him directly on LinkedIn.

Private Equity 52

Private Equity CPA Equity Reputation 52

Startup Lessons Learned

FEBRUARY 22, 2010

There’s been a lot of hand-wringing about gender equity in the high-tech and entrepreneurship worlds lately. After all, if you already have an all-male startup, you’re already at a disadvantage when it comes to hiring the very women that could fix that imbalance. Beyond hiring, our actual work process matters, too.

San Francisco 167

San Francisco Lean Sweden Continuous Deployment 167

VC Cafe

APRIL 7, 2011

in the second quarter of 2008 – just prior to the financial crisis. Barclays Capital is opening a financial technology research and development center in Israel and plans to hire up to 200 people. Israel’s unemployment rate declined to its lowest level in almost three years as an expanding economy led to the creation of new jobs.

Java 79

Java Database Argentina 79

Startup Lessons Learned

MAY 25, 2020

42:07) On how the 2008 financial crisis prepared banks for the pandemic. (44:25) And then from there, I was running a fitness company on the west coast by the name of 24 Hour Fitness, which was private equity backed and quite a bit of debt. And you think about how hard it is to hire a normal employee in any business.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

www.reincubate.com

FEBRUARY 1, 2010

Start-ups often hire at one extreme -- closer to a Lead Developer or VP of Engineering -- whereas corporates may focus on their CIO, which is potentially quite a different role. Dan drew up his thoughts around a job description for a web Chief Technology Officer (or Chief Technical Officer), and invited us to follow suit.

CTO 40

CTO Fractional CTO Technical Review CTO Hire 40

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

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

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. Date for a bit, then split the equity. We hired three guys from that batch and paid them in iPhones. No one funded us.

Founder 51

Founder Startup Cofounder Vesting 51

Both Sides of the Table

SEPTEMBER 5, 2012

This time by the efforts of Adeo Ressi to introduce a new kind of structure called “ convertible equity.” My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

Up and Running

JANUARY 18, 2017

As a startup, your hiring process is going to differ from that of a big business. Established large companies almost always have an organized and clear structure, streamlined hiring process, and regimented training. They have the resources necessary to vet and train new hires and introduce them into the business in good time.

Employee 60

Employee Hiring Cofounder Equity 60

Reid Hoffman

JANUARY 26, 2021

For example, a classic example of the conflicting interests of management and investors, which an independent board member can help mediate, is the approval of equity grants to management and employees. Founders should receive additional equity grants, but not to the extent that an incoming CEO or executive would.

Startup 36

Startup Equity Early Stage Green 36

David Teten

MAY 8, 2012

Currently, these Crowdfunding sites don’t give donors any equity in the companies. They hired the Sustainable Economies Law Center to write to the U.S. Danae Ringelmann, Slava Rubin and Eric Schell co-founded Indiegogo in 2008 to enable anybody with a great idea to make that idea happen.

Securities and Exchange Commission 148

Securities and Exchange Commission IRR Entrepreneur Angel Investor 148

Startup Lessons Learned

JUNE 19, 2019

Then in 2008, he had a revelation from his experience on the Penn endowment board about how to democratize investing advice and “accidentally” founded a new company to do it. It was a lot less appealing to me to be a growth equity investor, but that's not why I retired. Was this happening while you were still at Benchmark?

Silicon Valley 159

Silicon Valley Lean Venture Capital Pre-Money Valuation 159

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. In 2008 I was first time startup founder with no cash. It's not a question of me being unwilling to work for equity -- I am.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

The Equity Kicker

AUGUST 15, 2013

Techcrunch and VCs have been writing about it, VC funds have been hiring data scientists , and Kleiner Perkins has taken the step of branding its proprietary data mining tool as Dragnet. ‘Quant VC’ is a hot topic at the moment. That’s mostly because the world is changing too fast.

Early Stage 91

Early Stage Venture Capital Social Network Business Model 91

Mike Michalowicz

OCTOBER 14, 2012

Then one day (February 14, 2008 in fact) I discovered how to find the net worth of anybody and everybody. I sold the first company I founded, a computer technology integrator, to private equity in 2002. Then I’d hire a team to help manage the infrastructure of all these startups. February 14th, 2008 was a Thursday.

.Net 167

.Net Securities and Exchange Commission California Angel Investor 167

The Equity Kicker

JANUARY 29, 2013

Back in 2008 I wrote about the launch of their advertising network and since then there has been a steady trickle of announcements and hires that show they are getting more and more serious about becoming a player in the adtech market. Amazon has been slowly building an adtech business for the past few years now.

Advertising 98

Advertising Valuation Acquisition Search 98

Professor VC

NOVEMBER 14, 2011

Since small businesses are responsible for the vast majority of new jobs, legislators believe that these new rules will make it easier for entrepreneurs to raise capital and ramp up hiring. Angel investments are highly risky and I would estimate that over 90% provide no return to equity investors. ► 2008. (14).

SEC 54

SEC San Jose Angel Investor Accredited Investor 54

Gust

NOVEMBER 4, 2011

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The of MySpace, Inc.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98