Both Sides of the Table

APRIL 22, 2010

It’s still important advice for startup founders and something that I’m passionate about. You’re a startup founder. You start fighting with your co-founder whom you thought you understood. And he has already vested 75% of his stock options at your company. This is part of my startup advice series.

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Hiring Employee Vesting Silicon Valley 392

Gust

NOVEMBER 4, 2011

There were two distinct classes of employee equity (issued by Intermix and MySpace, respectively) with different valuation and vesting situations—and, most significantly, a $125 million valuation cap applied to the buyout of MySpace equity that was triggered by the acquisition of Intermix. Read on for a fuller explanation. by February 2006).

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

The Startup Magazine

AUGUST 11, 2017

The press release lays out Joe Zhu’s business accomplishments, but we at the magazine have seen firsthand Joe Zhu’s work behind the scenes helping struggling startups with advice and counsel on both business strategy and funding, even when he has no vested interest.

Illinois 79

Illinois Chicago Entrepreneur Cofounder 79

Altgate

DECEMBER 11, 2008

Have a founders agreement. If you can’t afford this then make very simple, clear, plain English, written, signed agreements with you “co-founders”. Make sure you include a basic form of vesting. Share and Enjoy: This entry was posted in Startups and tagged agreement , founder , startup. Good advice.

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Founder Intellectual Property Colorado Boston 28

thestartuplawyer.com

FEBRUARY 24, 2010

He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder. You can start by examining every aspect of the co-founder relationship. In fact, if your co-founder is a friend or relative, that should trigger even more issues and discussions.

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Cofounder Founder Preferred Stock Startup 40

Professor VC

FEBRUARY 26, 2008

Tuesday, February 26, 2008. As I mentioned in the previous post, Jeff Fluhr (founder of StubHub) recently stopped by my Entrepreneurial Finance class to share his 4 Lessons of Entrepreneurship with the students. Dan Gordon, founder of Gordon Biersch , came by my class this week. ▼ 2008. (14). ► May. (1).

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

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. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

Hearpreneur

MAY 27, 2020

So if Tesla didn’t come onto the scene in 2008 with a real, compelling reason to exist (create the world’s best electric vehicle and make it fun to drive and stunning to look at) it would never have a chance to compete with established incumbents. For example, Tesla makes cars. No one can be you better than you can.

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Entrepreneur Social Media Audience Conversion 122

discuss.joelonsoftware.com

NOVEMBER 1, 2010

Im confident that this business will be able to compensate these two additional principles along the way, after initial risk of investing their time, and will later reward their vesting with an exit strategy. Movie: "Make Better Software" is a 6 movie course designed to help you as you grow from a micro-ISV to a large software company.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 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. The options typically vest monthly over 1-2 years with 100% single-trigger acceleration and no cliff. See Part 1 for the rest.

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Advisory Board Cap Table Vesting Equity 44

www.chubbybrain.com

SEPTEMBER 28, 2011

Go vest yourself. When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders. Furthermore, founders become highly emotional about their companies.

Software Review 79

Software Review Startup Technical Review Vesting 79

dondodge.typepad.com

JANUARY 15, 2011

The second and third rounds of funding take additional shares of equity and dilute existing investors and founders. Founders usually end up with 10% to 20%, all the other employees end up with about 15%, and the VCs end up with about 60% to 75%. Founders and VPs usually have about 10% and employees have about 15%.

Equity 40

Equity Employee Dilution Valuation 40

Both Sides of the Table

FEBRUARY 14, 2016

” “Mark has a vested interest in talking down valuations of startups.” That was written in September 2008. In September 2008 this was the bankruptcy of Lehman Brothers and the rippling effect was massive. Many founders don’t understand why inside rounds are so difficult.

Valuation 150

Valuation Down Round Startup Later Stage 150

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. This was supposed to be Airbnb's biggest year by many measures, including its IPO, which was one of the most anticipated since the 2008 financial crisis. Brian Chesky : I am Brian Chesky, co-founder, CEO, and head of community at Airbnb.

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Silicon Valley Hosting Cofounder Employee 60

Up and Running

JANUARY 25, 2017

It was 2008, and the world of online interviewing had yet to fully mature. My soon to be former co-founder replied, “We’ve seen 400 percent growth, month over month, and after the first 30 days we’re getting very positive feedback. My co-founder and I walked out of the meeting with very different attitudes.

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Venture Capital Cofounder Security Partner 60

Startup Lessons Learned

MARCH 3, 2009

Teamwork and a vested interest in success of the whole group is crucial. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. No departments The Five Whys for Startups (for Harvard Business R.

Employee 146

Employee San Francisco Lean Software Review 146

venturehacks.com

OCTOBER 21, 2010

Third, if you sell the company before the Series B, all un-issued and un-vested options will be cancelled. Do you mean the shares go to the founders? What if the founder already included an option pool in the existing shares outstanding? You are already compensated through your founder’s shares. VC: How about 12%?

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Option Pool Pre-Money Valuation Dilution Warrant 68

Professor VC

OCTOBER 11, 2010

Co-founder Dustin Moscovitz is referred to as a programmer, but he is actually an operations guy. Several weeks after Zuckerberg and the team move to Palo Alto for the summer, co-founder Eduardo Saverin finally pays a visit. Also, be sure to include vesting for all founders. ► 2008. (14). Blake Southwood.

Social Network 28

Social Network Networking Software Review San Jose 28

Both Sides of the Table

AUGUST 30, 2010

Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”. Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”.

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Entrepreneur Technical Review Balance Sheet Government 298

blog.expensify.com

APRIL 24, 2012

About the company and the CEO: “David Barrett founded Expensify in May 2008; Witold Stankiewicz joined him in August 2008, and together they launched an Alpha product at TechCrunch 50, taking home the “DemoPit 2nd Place” prize. Working for or started something in 2008 that may or may not make it.

Java 107

Java PHP Software Review Coder 107