Remove Cofounder Remove Developer Remove Dilution Remove Sales
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How to Configure Your Startup Team

Both Sides of the Table

Quick summary: Be careful not to have too many co-founders. it’s the most expensive dilution you’ll ever face. And you need to be careful about giving up control to cofounders as much as VCs. I don’t think VCs care as much about co-founders & economics as people think.

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Excerpt from "Do More Faster" - Avoid Co-Founder Conflict by Dharmesh Shah

ReadWriteStart

Do More Faster: TechStars Lessons to Accelerate Your Startup is the new book by David Cohen , founder and CEO of TechStars, and Brad Feld , managing director of Foundry Group. Below is his chapter, Avoid Co-Founder Conflict. A perennial favorite is to decide that each founder should own an equal share. For what reasons?

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

I left the meeting and had to attend a 3-hour board meeting where two founders have been fighting and each want the other one fired. I developed a list of questions to ask you next time we speak?—?especially I always tell people that fund raising is a sales process. Some were interesting, some weren’t. Was that a blip?

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How Much Equity a Technical Cofounder Should Get - Nathan Hurst's Blog

blog.nahurst.com

The graphic below balances the risks cofounders take with their relative contributions to help answer this question. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?

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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. And of course we help with business development introductions and with fund raising events. Often we are asked to get involved in executive-level recruiting.

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Building a High-Tech Startup Team

Business Plan Blog

If you have a technical background and you are focused on product development, consider a co-founder with a sales and marketing background that can focus on selling your world class product. Rather, give titles such as VP of Engineering, Product/Technology, Sales, Marketing, Finance, etc. Seed to Series A.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

As the idea went from innovating on software & systems to launching a company to rolling it out in the field brought on Rahul Gandhi as his co-founder to physically launch the company. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace. Seriously, this happens.