Feld Thoughts
SEPTEMBER 2, 2011
Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. The founders each have common shares that will vest over four years. As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while.
Both Sides of the Table
MAY 9, 2018
This is a very common scenario when entrepreneurs pitch VCs and frankly is a very common scenario when VCs try to raise money from LPs. 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. What do I do now? Some were interesting, some weren’t. I remember.
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Agile VC
DECEMBER 4, 2014
I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
Agile VC
DECEMBER 4, 2014
I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
View from Seed
DECEMBER 4, 2014
Editor’s note: Understanding how to divide founder equity at a startup can be tricky, even to the point of reaching emotional riffs between founders. I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder.
Both Sides of the Table
AUGUST 3, 2010
There is a telltale sign of an inexperienced startup entrepreneur. years ago and told me, “I just got offered the chance to buy this company because the founder doesn’t want to continue. I’m doing due diligence on a company of another entrepreneur in LA whose company was apparently doing very well.
Agile VC
APRIL 17, 2011
Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Im a former Silicon Valley entrepreneur turned East Coast VC. Series A Preferred.
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