Both Sides of the Table

JULY 13, 2013

You’ve got entrepreneurs and founders who are really – a lot of them are in the very early stage of their startup. Technical founder. Because I’m going to say no to you, and the guys you want to hire from Facebook are going to say no to you. [00:14:38] DEREK: It was, “Can you create your own brand?”

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

YoungUpstarts

MAY 19, 2016

Use burn rate as an example. If you don’t understand how much money your company is burning through each month, how can you expect to intelligently talk about your fiscal health? Ideally, tech startup founders stay on till the very end. Read your books from cover to cover. Get it all in writing.

Technical Review 124

Technical Review Burn Rate IP Intellectual Property 124

crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. Are startup burn rates out of control? 1wpHRKP.

Social Media 94

Social Media Small Business Design Media 94

The Next Web

DECEMBER 2, 2013

Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. Of course, if you’re hiring an agency, you’re probably looking at 1.5 3) Facebook. 4) WhatsApp. 6) Pinterest.

Cost 168

Cost San Francisco New York City Ruby 168

Both Sides of the Table

DECEMBER 16, 2009

They had wasted a lot of money because they had raised a lot of money and therefore hired a large staff. I just knew that our sales sucked wind and we were burning through tons of cash. I advocated LOUDLY at the board that we needed to cut our burn rate. A new and experiened CEO was brought in and cleared house.

Entrepreneur 306

Entrepreneur Burn Rate Cofounder Sales 306

Both Sides of the Table

MARCH 9, 2013

Should you increase your burn rate by adding 2 senior hires who will help you ship faster or sell more but then have less time for fund raising? It’s why I caution people about whom you choose as your co-founder. Or maybe their existence itself will help accelerate fund raising. Who the f**k knows?

Burn Rate 413

Burn Rate Cofounder Dilution Valuation 413

Startup Professionals Musings

JANUARY 7, 2014

Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made. This problem can be avoided by incorporating immediately after early discussions, and issuing shares to all founders. Be quick to hire and slow to fire.

Startup 265

Startup Intellectual Property LLC Burn Rate 265

Startup Professionals Musings

NOVEMBER 28, 2012

Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made. This problem can be avoided by incorporating immediately after early discussions, and issuing shares to all founders. Quick to hire and slow to fire.

Entrepreneur 274

Entrepreneur Intellectual Property LLC Burn Rate 274

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. She and original cofounder Megan Bradford poured their proverbial blood, sweat and tears into this enterprise. Nelson has some tips: Know your burn rate. How do you balance it all?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Gust

DECEMBER 29, 2013

Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made. This problem can be avoided by incorporating immediately after early discussions, and issuing shares to all founders. Be quick to hire and slow to fire.

Startup 183

Startup Intellectual Property LLC Burn Rate 183

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. Don’t leave anything out just because you and your co-founders already talked about it.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

K9 Ventures

MAY 28, 2015

In my discussions with K9 portfolio founders about scaling revenue, I very often end up drawing the same picture: $0/month. One of my favorite people to work with as a co-investor is Ann Miura-Ko from Floodgate. By carefully managing your burn rate and steadily growing revenue, you can now survive — almost forever.

Revenue 48

Revenue Startup Burn Rate Cofounder 48

YoungUpstarts

AUGUST 19, 2016

While you absolutely need to keep an eye on earnings and burn rate, human capital is ultimately the fuel that makes the machine run. Depending on your startup’s needs, it can be a toss-up on whether to hire for attitude or skill. Others may need a high-level new hire to start things off with a bang.

Startup 100

Startup Burn Rate Cofounder Salary 100

Startup Lessons Learned

MARCH 27, 2009

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Were talking PayPal -sized variations.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

K9 Ventures

MARCH 22, 2009

Things like choosing a law firm, finding an accountant, hiring people, finding an office, figuring out equity structures, raising money. You haven’t started earning the big bucks and your lifestyle has a low burn rate. A decision to hire someone when you don’t know how you’re going to pay him/her yet.

Cofounder 54

Cofounder Burn Rate Founder Startup 54

www.chubbybrain.com

SEPTEMBER 28, 2011

Post-Mortem Title : My eHarmony for Hiring Failure. 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. I realized that money was not the issue.

Software Review 79

Software Review Startup Technical Review Vesting 79

Startup Lessons Learned

MARCH 13, 2009

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Founders push for it. In some ways, founders are even worse. My experience is that many founders actually have a deep anxiety that maybe they are not succeeding.

San Francisco 168

San Francisco PR Lean Early Stage 168

Startup Lessons Learned

JANUARY 30, 2009

Hire the absolute best and the brightest, true experts in their fields, who in turn can hire the smartest people possible to staff their departments. By hiring experts, conducting lots of focus groups, and executing to a detailed plan, the company became deluded that it knew what customers wanted.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150