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How to Form a Corporation

Up and Running

Agree upon how much of this business each of your leaders owns, and write that down on slips of paper called “stock certificates”. Also, creating a quick lean financial forecast will help ensure your business idea is viable and financially sound. Issue stock. Write that stuff down in a special book.

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Can You Trust Any vc's Under 40?

Steve Blank

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Your firm worked with an investment banking firm that underwrote and offered stock (typically on the NASDAQ exchange) to the public.

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supermac War Story 1: Joining supermac

Steve Blank

The company was the laughing stock of the Mac market. They sold to a set of customers I knew nothing about. Yet somehow they thought that my prior experience in high-end computer graphics might be relevant. Why I was interested was equally obscure.

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Ardent 1: Supercomputers Get Personal

Steve Blank

As the conversation began to get down to how much stock and salary we could offer van Dam, we left the barber to finish his work and went to a payphone to call our CEO to confirm the deal. Forget the Hypertext idea and come on back to California. Reply Karma in the Lean Startup Era , on January 28, 2010 at 5:26 pm Said: [.]

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Ardent War Story 5: The Best Marketers Are Engineers

Steve Blank

Our company’s stock was an inducement, but all of them were in it to help us build a better computer. Of course we also hoped that in listening to their advice in how to build the perfect computer for customers just like them, they would actually buy one of the first computers.

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Early Startup Employee Compensation

Austin Startup

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.

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Story Behind “The Secret History” Part III: The Most Important.

Steve Blank

When Terman said no, Sylvania, a tube company which built proximity fuse tubes in WWII, won the contract and set up its Electronic Defense Lab (EDL) in Mountain View California in the middle of an orchard. The Army offered Fred Terman, the Dean of Engineering at Stanford, a $5M contract to build an electronics countermeasures lab.