chrischandler.name

NOVEMBER 1, 2010

If you’ve considered finding and asking a developer for his or her time in exchange for sweat equity, I’m going to strongly advise you against it. All the engineers I trust to execute a project swiftly, professionally and with quality, especially under startup conditions, will not touch an upfront equity deal with a 10-foot pole.

Equity 40

Equity Developer Entrepreneur Syndicate 40

www.instigatorblog.com

OCTOBER 23, 2010

Changing Equity Structures for Early Startup Employees Tweet Recently someone asked me for advice on how much equity they should give to their early employees. I gave him similar numbers to what I had been given when I was hiring the first few employees for Standout Jobs. 1% is just not a lot.

Equity 41

Equity Employee Startup Vesting 41

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

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

YoungUpstarts

MAY 17, 2019

Too often, though, employers are unprepared to support hires from all backgrounds, which is how we end up with superficially diverse workplaces that alienate women and minority employees. But what happens when a workplace establishes a positive track record on diverse hiring only to create a subtly hostile environment?

California 127

California Hiring Equity Employee 127

View from Seed

FEBRUARY 18, 2016

Many will say “it’s going to be another 2009 vintage!” As startups raised more capital and needed to compete for the best talent, they’ve been forced to give both real equity and pay market rates. In 2009, according to some old Payscale data I dug up, that number was $90,000. There’s a lot of negativity out there.

Seed Stage 120

Seed Stage San Francisco Startup Valuation 120

ReadWriteStart

DECEMBER 29, 2010

More events, money and startups, means more competition, making it all the more necessary to stand out by hiring outstanding people, being more ambitious, more risk-taking. Unsurprisingly, this seems to weed out the less passionate people, while encouraging others to put in sweat equity in their own ideas. we don’t).

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

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). Bookmark the permalink.

Part-Time VPE 39

Part-Time VPE Startup Salary Equity 39

Eric Friedman

JANUARY 23, 2022

I starting thinking about advisors in 2009 publicly. What equity you give early stage advisors matters. The net/net is that early advisors who can 10X your business should formally be involved, usually with equity and sometimes with investment. Hiring takes longer than you think. I have been writing about advisors a lot.

Early Stage 78

Early Stage Equity .Net Vesting 78

Austin Startup

AUGUST 20, 2017

Hiring is a chapter unto itself, but it deserves to lead off any discussion of context. Compensation decisions obviously affect hiring and retention. They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

prosperati.com

OCTOBER 23, 2010

Hiring Of all the issues we ran into when we first built our team, hiring was the most critical. So when you first start building your team, the most important hire should be your lead architect. The cliches of hiring the best of the best is as true in Malaysia as it is in the US. Culture creation is not easy.

Offshore 40

Offshore Malaysia Developer Stock Options 40

Startup Company Lawyer

MAY 4, 2009

TechCrunch initially reported on the Founder Institute in March 2009. Founders are not expected to quit their day jobs to participate in the program, which starts on May 19, 2009 and ends on September 8, 2009. Applications are due by May 10, 2009. May 19th, 2009: Identify a vision for your business. Applications.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

www.cscyphers.com

MARCH 8, 2012

Basically, the kind of technical people you want for a startup — whip smart, adaptable, willing to work long hours for equity instead of cash and highly competent — that person is probably already out there, doing her own startup. If someone were trying to hire me, hold a meet up on Hadoop. December 2009 (3).

Cofounder 40

Cofounder Technical Review Founder Software Review 40

www.greenhornconnect.com

OCTOBER 3, 2011

Submitted by Jason Evanish on Tue, 11/24/2009 - 8:31am. 2) You’re hiring employees. Hiring employees through your company, rather than directly, helps limit your personal liability if something goes wrong in the employment relationship. 21) December 2009. (19) 19) November 2009. (9). what you need.

IP 40

IP Intellectual Property Limited Liability Company Cofounder 40

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

Startup Lessons Learned

MAY 14, 2009

Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. May 14, 2009 4:53 AM James Spittal said. May 14, 2009 5:23 AM David said.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

clicksend.wordpress.com

OCTOBER 26, 2010

To find a programmer who will simply share equity with you, you need two things. Be realistic with the amount of work you’ll each be doing when you discuss equity. Hire a Programmer There’s a reason funding is the number one thing holding back startups: if you have money, you can hire a programmer.

Cofounder 40

Cofounder Technical Cofounder Non-Compete RSS 40

ReadWriteStart

APRIL 25, 2012

Incorporated in April 2007, over the course of two years - from June 2007 to September 2009 - the founders invested $185,000 of capital in the company, in the form of loans. It also raised a round of $370,000 from friends and family, including some Google executives, in early 2009. But those were equity purchases.

Management 149

Management Balance Sheet Silicon Valley Salary 149

www.reincubate.com

FEBRUARY 1, 2010

Apache with Django and mod_wsgi » Posted by Aidan, 6 th July 2009. 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. Firstly, theres no one-size-fits-all description.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

Both Sides of the Table

MARCH 17, 2010

First, I’d like to quote (paraphrase) Brad Feld speaking at Twiistup in LA in 2009, “I keep hearing people in LA talking with a chip on their shoulders about building a tech business here relative to Silicon Valley. You can build a team of 100+ people in LA without needing to hire outside of LA. You don’t.

Silicon Valley 290

Silicon Valley Technology Los Angeles Semantic 290

www.huffingtonpost.com

MAY 10, 2011

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. Size of Opportunity - market size, revenue or usage, exit outcome and their ability to get equity early are all important. Minted.com is both a global design community and stationery retailer. ­om migrated off Drupal.

CTO 43

CTO CTO Hire PHP Cofounder 43

99u.com

DECEMBER 22, 2012

Founded in 2009, the 99U takes its name from Thomas Edisons famous. Every business needs a dream team, but you cant hire for every expertise youll need. Sure, you may need developers and designers, but how about experts on your industry or people with relationships with certain prospects that you cant afford to hire? Innovation.

Turkey 40

Turkey Dilution Portfolio Exit Strategy 40

Reid Hoffman

JANUARY 20, 2013

I speak from personal experience, since I hired and partnered with a CEO, Jeff Weiner, very successfully at LinkedIn five years after co-founding the company. Couldn’t we just hire a COO and have you stay as CEO?”. My idea when hiring Dan was that I could handle the product, and he could handle everything else.

Founder 78

Founder Hiring Cofounder Hawaii 78

YoungUpstarts

JULY 4, 2011

And Hamm should know something about leadership – he’s led investments in many successful high-growth companies as a partner in various venture capital firms and named as one of the United State’s top 100 venture capitalists by AlwaysOn in 2009, and teaches leadership at Leavey School of Business at Santa Clara University.

Leadership 169

Leadership United States Venture Capital Framework 169

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

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

500hats.com

AUGUST 2, 2012

Or, as my friend Marc Andreessen might say, Software Eats the Private Equity World. First Round became a very active investor in consumer internet and e-commerce, on a rather lean investment budget, with several notable exits (including Mint.com to Intuit in 2009 for $170M). Ok, let’s dive in and discuss in more detail.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

JUNE 5, 2015

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. This was until about 2009 because most the investments in companies came from one, maybe two, sources. How much is in the option pool? Why do investors care about this?

Pre-Money Valuation 150

Pre-Money Valuation Option Pool Post-Money Valuation Dilution 150

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Equity for Employees. Bookkeeper.

Equity 62

Equity Employee Founder CTO Hire 62

Software By Rob

NOVEMBER 19, 2009

Whether you’re trying to get hired, promoted, funded or close a sale…passion wins. November 19th, 2009 | Micropreneurship , Software Development , Startups Building your startup? It’s an insult to you, your product and your craft. Ask Gary Vaynerchuk or Seth Godin. Fred shows up tomorrow to install my new roof.

Software Review 56

Software Review Software Developers Software Development RSS 56

SoCal CTO

SEPTEMBER 8, 2010

Dec 26, 2009). equity debate. Video From Business Of Software 2009: Building Great Software Businesses - OnStartups , August 23, 2010 Of the several conferences I attend or speak each at each year, my favorite is the Business of Software conference organized be Neil Davidson (of Red Gate ) and Joel Spolsky (of Fog Creek ).

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Startup Lessons Learned

OCTOBER 5, 2010

We also reached out to companies that make products useful to accelerating your Build-Measure-Learn feedback loop, from cloud-hosted Selenium provider Sauce Labs (disclaimer: where I have equity) to ScrumPad (where I dont) and many in-between (a sampling is below, but you should really jus t click through to see the whole smorgasbord).

Lean 153

Lean San Francisco Startup Continuous Deployment 153

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. That is $12 million in profits over 3 years. But it might not.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

The Equity Kicker

MARCH 22, 2016

Sometimes it works well – Jack Dorsey did a $10m seed round for Square in 2009 at a rumoured valuation of $40m and I’m sure his investors are very happy. Benefits of prior founding experience: Wider network makes it easier to raise money and hire people. More experience as an entrepreneur leads to better decisions.

Founder 60

Founder Startup Valuation Reputation 60

K9 Ventures

OCTOBER 10, 2017

It is what Seed used to be from 2009-2013, until the Seed rounds got fat and bloated and the bar for raising a Seed round became a lot higher. Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people.

Seed Stage 82

Seed Stage Finance Later Stage Mezzanine 82

Growthink Blog

APRIL 25, 2011

And listen up Washington - 83 percent of them plan to hire in the coming year. billion in 3,277 deals, and while this is certainly up from the death spiral period of the 2008-2009 period, it is still much less than the $30 billion average that venture funds were investing annually through most of the past decade.

Silicon Valley 69

Silicon Valley Ratchet Private Equity Startup 69

Hearpreneur

OCTOBER 30, 2015

I was proud of my performance and our rocket ship trajectory, but internal politics and personalities led to a division between the owner, me and a third equity partner. I re-ignited Anvil as consultancy, but I wasn’t quite ready to hire employees yet. In 18 months, we grew from $0 to $3M. 6 – Self-Discovery.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48