Both Sides of the Table

MAY 9, 2018

I also had to negotiate a follow-on round at a portfolio company because new investors were trying to force a bit option-pool top-up that would dilute the founders and existing shareholders and existing investors were fighting over prorata rights. New York, Chicago, Boston, etc. Some were interesting, some weren’t.

Software Review 381

Software Review Churn Rate Due Diligence New York 381

Feld Thoughts

SEPTEMBER 2, 2011

As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while. They come up with two options: Hire Praveena as an employee and offer her stock options. If the full pool were to be given out, the dilution is fairly significant to the founders.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Precise valuations are impossible to determine because of adjustments to employee option pools, possible buybacks of common stock, etc. as of 12/31/09). Author howerl.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Austin Startup

JANUARY 25, 2020

Having just moved to Austin from Boston, she thought adding African car sales could help, maybe thinking Africans looking for used cars can use it to find car deals. He thought his family in Maryland could use it to know what’s going within Ethiopian circles there. Okay,” I thought. Maybe there’s something here.

Delaware 62

Delaware SEC New York City New York 62

www.inc.com

SEPTEMBER 24, 2011

Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. If youre offering the consultant stock options, youll also want to take into consideration what the exercise price is going to be and how long the options will be outstanding. based in Waltham, Mass.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

www.paulgraham.com

APRIL 28, 2010

In Boston thebiggest is the CommonAngels. Theyleave 20% as an options pool for later employees (but they setthings up so that they can issue this stock to themselves if theyget bought early and most is still unissued), and the three founderseach get 25%. So after this the option pool is down to 13.7%). [

Technical Review 76

Technical Review Startup Software Review Angel Investor 76