Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Startup Company Lawyer

AUGUST 31, 2012

Quick answer: convertible equity (or a convertible security) is convertible debt without the repayment feature at maturity or interest. ” In response, Seth Levine wrote a very thoughtful post on convertible debt versus equity. Fred Wilson has been openly critical of convertible debt , and prefers priced equity rounds.

Convertible Security 73

Convertible Security Equity Security Preferred Stock 73

YoungUpstarts

JUNE 12, 2018

California and Massachusetts have state minimum taxes, whereas states such as Alabama and Tennessee impose franchise tax based on capital/equity. For example, a company registered to do business in California needs to timely file the Statement of Information with the Secretary of State.

San Francisco 100

San Francisco CPA Alabama Tennessee 100

The Startup Magazine

JANUARY 15, 2020

We developed Pages based on actual conversations we had with our customers,” explains Kenny Rueter, Kajabi co-founder and CEO. “We The company recently announced its first minority investment, from Spectrum Equity. A recent user community meetup at Kajabi’s offices in Irvine, California. Investor Input?

Software Developers 82

Software Developers Software Development Equity Software 82

SoCal CTO

MAY 10, 2011

A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. You can click on the filters such as Founder Status (#3) and Job Title (#4) to filter to that particular data. Most non-founders have less than 2%.

Salary 198

Salary Equity San Francisco Dilution 198

www.inc.com

SEPTEMBER 24, 2011

Will Work for Equity. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Last spring, Dave Graham , founder of software consulting firm Arizona Bay, learned that a major client, Jumpstart Automotive Media, had been acquired for more than $80 million. Honorees Resources. Apply. ); Topics >.

Arizona 40

Arizona Equity Iowa Venture Capital 40

SoCal CTO

MAY 10, 2011

A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. You can click on the filters such as Founder Status (#3) and Job Title (#4) to filter to that particular data. Most non-founders have less than 2%.

Salary 175

Salary Equity San Francisco Dilution 175

Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Seed Stage Startup Equity 48

Both Sides of the Table

JULY 12, 2011

This week I sat down with Chris Dixon, co-founder / CEO of Hunch and Partner at Founder Collective in the most recent installment of This Week in Venture Capital. 2. Chris then discussed his time as founder and CEO of SiteAdvisor, his first venture-backed startup.

Technical Review 281

Technical Review Artificial Inteligence Cofounder API 281

www.mattbartus.com

SEPTEMBER 24, 2011

Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. Equity for Consultants – Keep it Simple! posted Feb 3 in Equity , People issues. for every hour works, consultant accrues [hourly wage]in debt that will convert to equity in the next round). About Matt.

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

SoCal CTO

SEPTEMBER 14, 2011

The conversation centered around a founder who's key question is "Where Do I Find a Developer for My Startup?" His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. At that point, you can't really just try to find someone to build it on the side, do equity only, etc.

Fractional CTO 349

Fractional CTO Southern California Startup Mobile 349

SoCal CTO

SEPTEMBER 14, 2011

The conversation centered around a founder who's key question is "Where Do I Find a Developer for My Startup?" His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. At that point, you can't really just try to find someone to build it on the side, do equity only, etc.

Fractional CTO 296

Fractional CTO Southern California Startup Mobile 296

The Startup Magazine

JUNE 26, 2020

The early days of a business’ journey require the founders to pour their energy into focusing on getting their product or service perfected and out to customers in the marketplace. If your startup business has more than one founder, a Partnership Agreement, which is an operating agreement, is essential. Partnership Agreements.

Intellectual Property 151

Intellectual Property Startup SEC Stock Options 151

techcrunch.com

AUGUST 12, 2012

She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the Media industry. San Francisco, California. Founder Stories) Aereos Chet Kanojia Urges Entrepreneurs To "Go For The Difficult Problems" [TCTV]. → Learn More.

Early Stage 70

Early Stage San Francisco Los Angeles Southern California 70

Gust

NOVEMBER 8, 2012

Nevertheless, there are literally thousands of other examples scattered around the country, each of which grew from a founder or two with an idea to a successful growth company employing scores, hundreds or even thousands of skilled employees, with the attendant benefits to the local and national economy.

Silicon Valley 187

Silicon Valley San Francisco Intellectual Property Accredited Investor 187

Up and Running

JULY 18, 2014

Recently our Bplans audience had the chance to attend a free webinar on Small Business Taxes, hosted by the CEO and founder of TaxAlli.com, Zach Olson. First, let me start off by giving you some more background so again my name is Zach Olson and I’m the founder and CEO of TaxAlli.com.

Small Business 87

Small Business LLC Nevada Software Review 87

Austin Startup

OCTOBER 27, 2017

TL;DR : “Founder friendliness” should mean not being hostile, but also not being submissive, to founders. Common Stock Ask the Users Because we’re known as Startup/VC lawyers who don’t represent VCs (just companies), I often get asked about my thoughts on “founder friendliness.” This dynamic is strongest in California.

Founder 48

Founder Cap Table Preferred Stock Common Stock 48

keen.io

FEBRUARY 5, 2013

For example: Don’t accept equity compensation (stock shares) without knowing the percentage of the company you’ll own. The founders had been dropping hints that they wanted me to join them. From there, I began googling things like “first employee startup equity” and “startup offer negotiation.” Paul Graham’s Equity Equation.

Salary 50

Salary Equity Startup San Francisco 50

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. Also see Preqin’s Key Due Diligence Considerations for Private Equity Investors. . VC and private equity are very illiquid on both the investing and the personnel side. So assessing fit is critical.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

SoCal CTO

NOVEMBER 10, 2009

From there, I became the first non-founder employee at an e-commerce startup called BITSource, which was the first electronic software distributor delivering electronic volume software licenses to corporations. Tell me a bit about the Founder's Institute. That's a great point, but also one that I think a lot of founders overestimate.

Management 150

Management Product Entrepreneur Silicon Valley 150

Up and Running

NOVEMBER 26, 2018

This organization includes most of the California venture capitalists based in Menlo Park, CA, which is the headquarters of an amazing percentage of the nation’s venture capital companies. Real angel investors want to deal with the startup team founders, not brokers, or finders, or consultants. Commercial lenders.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

Austin Startup

MARCH 7, 2021

It seems like every day there is a new headline about an exceptional startup founder, investor, or corporate headquarters moving to Texas. Are they drawn to Texas or moving away from California? Texas exported more than California and New York combined in 2019. Startups and investors should treat Texas like one big city.

Texas 90

Texas San Antonio Houston Dallas 90

Hearpreneur

JUNE 4, 2021

And that’s how I started my private equity business where I acquire both online and offline assets such as lead generation websites and physical real estate. My interests were in technology, and my dreams were in California. Thanks to Daniel Javor, Next Luxury ! #4- 4- Help women navigate the menopause years.

Entrepreneur 135

Entrepreneur B2B Database Technical Review 135

YoungUpstarts

SEPTEMBER 18, 2014

Investors are looking for companies whose ideas, infrastructures and strategies indicate potential for a bigger payoff, which may include removing the “founder” as the primary decision-maker at some point in the growth cycle, a longer term strategy for going public or shorter term plans to grow in order to sell the business to a larger company.

Silicon Valley 171

Silicon Valley Private Equity Seattle California 171

ReadWriteStart

MARCH 29, 2023

A well-detailed business plan, a launch plan, early funding, and the right talent and equity from founders are all among the basic ingredients that can help get a startup off the ground. As a newly established startup, there are some key elements that your business requires to ensure your short and long-term success.

Artificial Inteligence 129

Artificial Inteligence Startup Silicon Valley Small Business 129

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. The result is that many venture capital firms are now making smaller angel investments in an attempt to get close with startup founders that are likely to raise bigger funding rounds later on. Angel rounds also tend to close quicker.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. If the founders are not experienced, find a couple of advisors from the business sector to fill the gap.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

VC Cafe

SEPTEMBER 26, 2010

Very cool concept and I want to thank the founder Adil Mohammed for inviting me to take part in it. I’ve learned this first hand from Mark Gerson, the founder of Gerson Lehrman Group. As the founder, you’re the number one sales person of the company and it is not a function you can outsource right away.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Hunter Walker

JANUARY 10, 2018

Over the past 20 years in San Francisco I went from negative net-worth grad student to Silicon Valley “Middle Class” (the 2%) to running a venture fund that, if we do our job, will ultimately put me in the 1% or better (in California the average annual household income of the 1% is an astounding $1.4m+). I LOVE THIS!

Silicon Valley 195

Silicon Valley San Francisco Vesting .Net 195

Scott Edward Walker

MAY 15, 2012

Part 2, entitled “ Convertible Note Seed Financings: Econ 101 for Founders ,” addressed the economics. One of the tricky issues that founders must address in the note is what happens if their startup is acquired prior to the note’s conversion (and prior to the note’s maturity date, as discussed below). This is another tricky issue.

Finance 64

Finance Founder Accredited Investor Preferred Stock 64

Both Sides of the Table

MARCH 17, 2010

so I feel I have an unbiased appreciation for BOTH Californias. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. Go on, have a bit of fun down memory lane!). Get over it.

Silicon Valley 290

Silicon Valley Technology Los Angeles Southern California 290

www.seriesseed.com

DECEMBER 9, 2012

We went with equity because ivestors would prefer to get equity for the following reasons: 1. One of the reasons notes have become so popular is that the equity documents were too expensive. This is all built into a typical founder stock purchase agreement. Posted by: toby | 03/01/2010 at 09:52 PM. Will try and fix today.

Finance 40

Finance Term Sheet Vesting LLC 40

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.

Equity 62

Equity Employee Founder CTO Hire 62

YoungUpstarts

MARCH 17, 2015

The 2015 BattleHack series will culminate in the World Finals in San Jose, California in November, and the Singapore winner will be flown to the finals at PayPal’s headquarters in Silicon Valley to battle it out with teams from 14 cities around the world for the US$100,000 grand prize and a “battle axe” trophy.

Singapore 100

Singapore San Jose Los Angeles Silicon Valley 100

Austin Startup

DECEMBER 20, 2020

the Connectors, Angels, Venture Capitalists, Founders, Professors, Hackers, Press… and the Legends. Find the Connectors , the Angels , the Venture Capitalists , the Founders , the Professors , the Hackers , and the Legends you need to meet and get some hints about the best ways to meet them. Here is your COVID-friendly cheat sheet.

Austin 110

Austin Texas Cofounder Los Angeles 110

Both Sides of the Table

JANUARY 1, 2016

Most founders have a strong sense of what they’re trying to achieve. They hire their initial co-founders and early employees and everybody has a sense of “mission.” In fact, 50% of our investments are in Southern California, from Santa Barbara to San Diego. You don’t have unlimited equity to dole out.

Leadership 150

Leadership Southern California San Diego Hiring 150

infochachkie.com

SEPTEMBER 24, 2011

Instead of hearing from your long lost third-cousin, you will be inundated with an avalanche of ‘congratulatory’ emails, calls and letters from people who want to relieve you of the burden of your hard-earned equity round. Many such ‘congratulations’ will come from consultants. John is a CPA and holds an M.B.A. from the Wharton School.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40