Startup Professionals Musings

MARCH 29, 2015

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, options don’t “pay the mortgage” today, so to speak. Advisory Board Member, 1% Senior Engineer,3 -.7% It’s a huge gamble.

Stock Options 120

Stock Options Stock Advisory Board Startup 120

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. As for compensation, stock options in the range of 0.1%

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Startup Professionals Musings

SEPTEMBER 25, 2019

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, options don’t “pay the mortgage” today, so to speak. Advisory Board Member, 1% Senior Engineer,3 -.7%

Equity 237

Equity Stock Options Advisory Board Stock 237

Startup Professionals Musings

NOVEMBER 30, 2014

If you are a new entrepreneur, or entering a new business area, it’s always worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on finding and using your advisory board effectively: Select people who complement your experience.

Advisory Board 276

Advisory Board Startup Stock Options Stock 276

Startup Professionals Musings

JUNE 25, 2013

If you are an entrepreneur for the first time, or entering a new business area, it’s usually worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on using your advisory board effectively: Select people who complement your experience.

Advisory Board 241

Advisory Board Entrepreneur Stock Options Stock 241

Gust

NOVEMBER 23, 2014

If you are a new entrepreneur, or entering a new business area, it’s always worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on finding and using your advisory board effectively: Select people who complement your experience.

Advisory Board 185

Advisory Board Startup Stock Options Stock 185

Startup Professionals Musings

OCTOBER 21, 2017

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Thus, options don’t “pay the mortgage” today, so to speak. Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock 140

Stock Stock Options Advisory Board Startup 140

Startup Professionals Musings

JULY 24, 2011

Many employees forget that there isn’t even a market for stock, until after the company has gone public, which hasn’t happened to many companies in the last few years. Thus, stock doesn’t “pay the mortgage” today, so to speak. Thus, stock doesn’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

Equity 234

Equity Advisory Board Stock Options Stock 234

Startup Professionals Musings

JUNE 20, 2010

Many employees forget that there isn’t even a market for stock, until after the company has gone public, which hasn’t happened to many companies in the last few years. Thus, stock doesn’t “pay the mortgage” today, so to speak. Thus, stock doesn’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

Stock 144

Stock Stock Options Advisory Board Startup 144

ReadWriteStart

JULY 14, 2011

These are people with whom you can share some type of value, but not tangible value like stock options or payment. Advisory boards: "Many people create an advisory boards and some companies never have an advisory board meeting. Your advisory board? Do you need a rock star advisor?

Advisory Board 135

Advisory Board Balance Sheet Silicon Valley Cofounder 135

Gust

DECEMBER 8, 2011

Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Offer letters for employees.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

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 Board of Directors and Advisory Board.

Equity 62

Equity Employee Founder CTO Hire 62

Berkonomics

NOVEMBER 23, 2023

Some rules about stock options and phantom stock: [Email readers, continue here…] The real insight here is that stock options or phantom stock are the tools of early-stage businesses used to attract great talent when there is not enough cash to pay market rates. How about multiple classes of stock?

Equity 62

Equity Stock Options Vesting Early Stage 62

Small Business Force

JANUARY 1, 2012

You live and breathe the business, day in and day out, dealing with customers, employees and suppliers. Or, it could be something more formal like an advisory board made up of individuals who bring to your business both small business experience and/or functional expertise that you lack.

Advisory Board 33

Advisory Board Stock Options Small Business Stock 33

Berkonomics

SEPTEMBER 28, 2017

And then there are options: [Email readers, continue here…] Stock options or phantom stock are the tools of early stage businesses used to attract great talent when there is not enough cash to pay market rates. Each grant to new or existing employees must be approved by the board before issue.

Early Stage 102

Early Stage Equity Stock Options Vesting 102

venturehacks.com

MARCH 21, 2008

Normal advisors are also assembled by naive entrepreneurs who think the mere presence of an advisory board will create social proof and help them raise money. But investors don’t take these mock advisory boards seriously. Or they bring you a handful of great employees. Or they raise your money for you.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

Berkonomics

MAY 12, 2010

First you must create a stock option plan using your attorney, which must be registered in many states as a security offering. The board must approve the plan including this number, and shareholders must approve the plan as well. In other words, you cannot create bargain options at below “market rates.”

Early Stage 85

Early Stage Equity Stock Options Vesting 85

Austin Startup

SEPTEMBER 9, 2018

As a result, I have a very active and engaged data.world Advisory Board and investor base. And all of our employees receive these as well. All of the same lessons in this post apply to your Advisory Board members. To have invited all of my advisors to a regular Advisory Board meeting would have been unwieldy?—?there

Advisory Board 48

Advisory Board Balance Sheet Stock Options Email 48