Gust

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Enhancing the Co-founder Equity Split Conversation

Gust

Today we’re proud to release an updated Co-founder Equity Split tool. We released the first version back in November to help startup founders divide the ownership of their startup fairly and rationally among their team. With this release, the tool gives founders. Read more >. Read more >.

Cofounder 131
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Financial Modeling – Top Down or Bottom Up?

Gust

That means 95% of founders—or more—are gonna have a bad time,” explains Rand Fishkin, the author of Lost and Founder, and co-founder of Moz and more recently of SparkToro. But only one percent of startups become unicorns; in fact, most VC-backed companies don’t reach their expected rate of return.

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10 Key Traits Of An Ideal Entrepreneur Partner

Gust

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” Photo of Chairman of Google Eric Schmidt with Sergey Brin and Larry Page via Wikipedia.

Partner 179
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Co-founder Equity Split: A New Framework to Objectively Divide Startup Ownership and Get Back to Building a Business

Gust

We’ve just released our free Co-founder Equity Split tool. It’ll give you a fair and objective recommendation about how to divide your startup’s ownership, so you and your co-founders will have a sensible, real starting point for this notoriously hard, crucially important conversation. Read more >.

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If I join a company as a co-founder, should I ask for a board seat?

Gust

If you are going to be a true co-founder (and 20% equity sounds like it), sharing over-all decision making about company direction, strategy, financing, staffing, etc. Over time, founders typically *leave* the board as they are replaced by an increasing number of investors/independents. They don’t *join* it later.

Cofounder 107
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What to Do When You and Your Investors Are Not on the Same Page

Gust

That means 95% of founders—or more—are gonna have a bad time,” explains Rand Fishkin, the author of Lost and Founder, and co-founder of Moz and more recently of SparkToro. But only one percent of startups become unicorns; in fact, most VC-backed companies don’t reach their expected rate of return.

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How to Effectively Implement, Execute and Succeed with OKRs and Krezzo

Gust

Krezzo Co-founder Stephen Newman talks cross-departmental operational alignment with OKRs (Objectives & Key Results). When start-ups begin to scale, one of the first things that becomes a big problem is keeping track of the core business priorities and performance across teams.

Cofounder 162