David Teten

DECEMBER 3, 2019

Point Nine Capital uses 15Five for continuous employee feedback. Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. 645 Ventures released a cap table simulator to help level the playing field.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Altgate

AUGUST 25, 2012

—————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Imagine how much tougher a dead-equity dilemma becomes when co-founders, who tend to hold large equity stakes, are involved. Noam Wasserman on Inc.

Equity 28

Equity Vesting Cap Table Technical Review 28

David Teten

OCTOBER 1, 2015

intrapreneurs, e.g., the employee of GE who is tasked with launching a new business. What are the terms of their relationship with the founder? The same exact thing happens with cash, but I think some founders feel this dilemma more painfully when giving equity for services instead of equity for cash. What are the timelines?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Austin Startup

AUGUST 20, 2017

Your Cap Table is something that deserves constant care and attention. Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services. Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Hippoland

APRIL 10, 2016

Dear elizy : I started a company in school with two co-founders. First off, whatever you decide, you should implement vesting. Standard vesting practices in the Silicon Valley at this time of writing are 4 year vesting with a 1 year cliff. Let’s call them Ada and Bob. 15% would be incredibly generous!

Cofounder 48

Cofounder Cap Table Equity Vesting 48

NZ Entrepreneur

JULY 12, 2018

We often see single founders slogging it out on their own. Founders can be reluctant to give up equity and control of their idea to bring in a co-founder alongside them to share in the decision making, as well as the highs and lows. Do you really need a co-founder? In fact, the average start-up had 1.72 It’s tough.

Cofounder 45

Cofounder Founder Vesting Cap Table 45

www.paulgraham.com

APRIL 28, 2010

I think it would help founders to understand funding better—notjust the mechanics of it, but what investors are thinking. And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. Few startups get it quite right. Many are underfunded.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

www.payne.org

SEPTEMBER 22, 2011

Startup Equity For Employees. 4 Vesting. 6 Founders / Restricted Stock. UPDATE: If youre a founder or near-founder, your equity terms are likely defined by the funding terms negotiated with the investors. Vesting is usually linear: 25% vested after 1 year, 50% after two, 75% after three, etc.

Equity 56

Equity Employee Vesting Preferred Stock 56

venturehacks.com

MARCH 21, 2008

Or they bring you a handful of great employees. The options typically vest monthly over 1-2 years with 100% single-trigger acceleration and no cliff. Although the advisor is on a vesting schedule, you should expect them to add most of their value up-front—that’s normal. Does this stake need to have vesting schedule?

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

blog.simeonov.com

FEBRUARY 22, 2010

Simeon, can you tell us how you structure ownership and control so you can fire your co-founders if necessary? The first part will dispel some myths, address the lifecycle of founder agreements and the key compensation and control parameters in them. Let’s start by dispelling some myths: There is a standard founder agreement.

Founder 44

Founder Vesting Agile Startup 44

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. He also has strongly held ideas about structuring a company to institutionalize these intentions to make sure the next leader, future employees, and the next board will be true to that philosophy. 6,000, 7,000 employees. What if it works?

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

venturehacks.com

SEPTEMBER 22, 2011

Paul says, “Whenever you’re trading stock in your company for anything, whether it’s money or an employee or a deal with another company, the test for whether to do it is the same. Consider the opportunity cost of spending shares on employees and investors. We previously posted a table of market rates for employees.

Equity 40

Equity Cap Table Valuation RSS 40

venturehacks.com

OCTOBER 21, 2010

As your lawyer explains that the so-called pre-money valuation always includes a large unallocated option pool for new employees, your stomach sinks. Update : Check out our $9 cap table which calculates the effect of the option pool shuffle on your effective valuation. Do you mean the shares go to the founders?

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68