Remove Cofounder Remove Cost Remove Sales Remove Stock Options
article thumbnail

What Do Boards Actually Do?

Both Sides of the Table

I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders. But unlike the popular press reporting of this conflict — 80% of the time it is founder-to-founder conflict and not investor-to-founder conflict.

Cofounder 217
article thumbnail

How Early-Stage Startups Can Utilize the SVB Collapse as a Wake-Up Call

The Startup Magazine

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As a founder, ask yourself – does your business actually warrant VC funding?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Tips For Startups During A Pandemic

YoungUpstarts

by Juan Pablo Segura, President and Co-Founder of Babyscripts. The first step in any economic crisis is to evaluate your spending channels, and determine where you can cut costs. If possible, offering stock options in lieu of raises or to counteract pay cuts is another way to build security.

Startup 287
article thumbnail

4 Legal Things Startups Need To Do

YoungUpstarts

There will be additional filing and operation costs for these entities, due to tax, accounting and legal issues. Converting will come at a higher cost. Before you even get the business off the ground, it’s important to ensure that you and the co-founders (if any) agree on everything. Stock Option documentation.

LLC 168
article thumbnail

Smart Bear Live 8: Edwin from MeetingKing.com

A Smart Bear: Startups and Marketing for Geeks

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. And I really believe I can do, on the sales part, so much more if I have additional people. I first did it for the founder.

article thumbnail

Twelve Ways To Use Entrepreneurial Thinking To Help Our Schools

YoungUpstarts

Schools can’t give stock options, but they can give praise and non-economic rewards to those who uncover a new idea that works. In education, this means knowing when to cut programs that aren’t working or that aren’t worth their cost. As CEO, he grew it to more than 1,000 stores worldwide with annual sales topping $5 billion.

Cofounder 222
article thumbnail

Why We Prefer Founding CEOs

Ben's Blog

In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. Siebel—Tom Siebel. Sony—Akio Morita. Sun—Scott McNeely.