Both Sides of the Table

SEPTEMBER 17, 2011

. “I need somebody to run operations.&# I never said you shouldn’t have a VP of Operations. I think people understand this title to mean more somebody who handles operational issues rather than somebody who is more like a “chief of staff&# as a COO often is. Dilute your cash, equity or both.

Operations 292

Operations CTO Hire Startup Early Stage 292

David Teten

MARCH 14, 2018

Managers of VC funds typically want to grow their business aggressively, just like the founders we back. I’ve listed them below in *very* roughly descending order of efficiency, measured by increased dollars one can put to work, divided by the operational dollars required to implement each strategy. .

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Both Sides of the Table

FEBRUARY 6, 2013

Quick summary: Be careful not to have too many co-founders. 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. Don’t hire a homogenous team. For the wrong reasons. Know the difference.

Cofounder 388

Cofounder Early Stage Startup Silicon Valley 388

ReadWriteStart

OCTOBER 28, 2010

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?

Cofounder 128

Cofounder Founder Equity Dilution 128

blog.nahurst.com

JULY 19, 2010

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?

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

YoungUpstarts

MAY 27, 2019

by Christopher Grey, co-founder and COO of CapLinked. Implementation is different to theory and ideas, so you need to be able to bring operational performance and many other skills to the table. Inexperienced founders often overestimate their own importance and don’t appreciate the importance of the team they build around them.

Cofounder 170

Cofounder Private Equity Software Review Equity 170

Startup Professionals Musings

FEBRUARY 18, 2018

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The operations superstar.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

View from Seed

SEPTEMBER 18, 2019

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Board Effect

APRIL 15, 2024

The profound impact of diversity, equity and inclusion (DEI) is a centerpiece of the stewardship of these organizations; sustained and effective social response and problem solving requires diverse and inclusive governance. Mission-driven organizations strive to serve their communities and constituents with integrity and purpose.

Ireland 52

Ireland Ohio Government Equity 52

Startup Professionals Musings

JUNE 11, 2014

Thus I was happy to see a new book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The operations superstar. The financial suit.

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

View from Seed

FEBRUARY 9, 2022

You have 5-10 years of professional experience as a technology operator, founder, and/or investor. You have a deep desire to hone your skills as a venture capitalist and are ready to hustle to meet the next great founder. You have a strong network in the NYC startup ecosystem that is additive to our team. You are hungry.

Technical Review 156

Technical Review North America Seed Stage Bandwidth 156

Austin Startup

OCTOBER 11, 2021

The round brings Honor’s total equity funding to date to $325 million and values the company at over $1.25 We’re looking to triple the size of our engineering and product team within the next year,” said Sandy Jen, co-founder and chief technology officer for Honor. “We

Technical Review 62

Technical Review Engineer Finance Technology 62

blog.launchbit.com

MARCH 8, 2012

cofounders. technical cofounder. Why you can(t) recruit a technical cofounder. We didnt put strict specifications on what "technical" means, but the general idea was people who may qualify as a technical cofounder of an internet/tech startup and in particular, those who have been pitched ideas before. Viewed times.

Technical Cofounder 47

Technical Cofounder Cofounder Equity Differentiation 47

Startup Professionals Musings

SEPTEMBER 13, 2015

Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The operations superstar.

Technical Cofounder 120

Technical Cofounder Cofounder Advisory Board Stock Options 120

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. equity that belongs to departed cofounders)?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

This is going to be BIG.

JANUARY 18, 2024

Some of these folks are founders and CEOs, but not at high-growth tech startups. On the other hand, they could be the opposite—much more focused on near-term cash distributions than long-term equity appreciation. Role When I was a lowly Analyst at Union Square Ventures, I had so many ideas for the founders we worked with.

.Net 88

.Net Cap Table Startup Technical Review 88

David Teten

SEPTEMBER 23, 2017

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . But we’re doing it slowly. Pitchbot.vc

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

nikcub.appspot.com

MARCH 8, 2012

Finding a Technical Co-Founder. In the recent weeks, I have also had no less than three people email me and ask about finding a technical co-founder, which has also been a very frequent topic on the Hacker News forums. Ask former co-workers. New Web Order. 5th November 2010. #. Ideas alone are not worth a lot.

Cofounder 40

Cofounder Web Founder South Korea 40

www.entrepreneur.com

SEPTEMBER 22, 2011

Answers Ask Entrepreneur Home Business Operations Business Opportunities Sales & Marketing Advertising & PR Finance & Accounting Franchises Home Business Human Resources Internet/E-Commerce Legal Issues Starting Up Technology Most Recent Answers How Can I Streamline My E-Commerce Operation? What is Sweat Equity Worth?

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

David Teten

AUGUST 19, 2019

This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control.

Revenue 60

Revenue Technical Review Software Review Equity 60

Business Plan Blog

OCTOBER 4, 2013

Don’t hire people with skills and qualifications similar to yours. 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. Hire based on functionality and avoid having too many C’s.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

www.virtuosimedia.com

MARCH 8, 2012

Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Before You Pitch To A Technical Cofounder.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

YoungUpstarts

NOVEMBER 18, 2013

by Jeffrey Kadlic, co-founder & managing partner of Evolution Capital Partners. It allows small organizations to appear much bigger than they really are and operate more efficiently too. Is there a strategic or critical hire that should be made to enhance my company?

Private Equity 164

Private Equity Entrepreneur Cofounder Technical Review 164

Austin Startup

MARCH 7, 2018

Brunner (@heatherjbrunner) | Twitter Preston James Co-founder & CEO DivInc Preston is at the center of everything Diversity & Inclusion in Austin. Advisor, Austin Mayor Steve Adler Eugene has long operated at the intersection of business, government & nonprofits, locally and nationally. Carolyn was recognized by Inc.

Technical Cofounder 48

Technical Cofounder Cofounder Fractional CTO CTO 48

YoungUpstarts

NOVEMBER 27, 2018

by Emmanuel de Watteville, co-founder of Blue Ocean Ventures. One of the most effective ways to spot solid potential in an early-stage startup is by checking out the working technology, as well as the current operating model, making sure it’s seamless and user-friendly. Nothing ever goes as planned (entrepreneurship 101!)

Early Stage 160

Early Stage Cofounder Startup Security 160

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . I walk through below how progressive investors are using technology and analytics throughout all of their operations. When I was single, I registered for (a lot of) dating websites.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

NOVEMBER 23, 2020

In that capacity, I co-founded the Harvard Business School Alumni Angels Venture Capital Access Program, a joint venture with the National Association of Investment Companies (“NAIC”), which helps women and diverse entrepreneurs raise capital. In its first full year of operation, VCAP attracted 159 applicants. Why is that?

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

Rob Go

JANUARY 18, 2012

In a prior post about what it’s like to be a VC I made the claim that even if an investor has operating experience, that experience gets stale after a few years. This led to the following question in my comments: “You mention that operational skills begin to decline 2 years into the job. Couple observations.

Operations 50

Operations Technical Review Investment Bankers Cofounder 50

Steve Blank

FEBRUARY 26, 2020

What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Founders need to keep their eye on the prize — not just the next funding round. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. Should You Share Equity with Consultants? Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We But sharing equity can have pitfalls, too. Naming a Business. How to Incorporate.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

David Teten

OCTOBER 1, 2015

Sometimes, equity in a new company can mean more to these shops than another $100-500K in revenue for simply building out a minimum viable product (MVP). Can a shop work for just equity? A blend of cash and equity? The founders’ psychology is probably one of the most important contributors to success of the company.”.

Software Developers 60

Software Developers Software Development Software Developer 60

Cracking the Code

JULY 5, 2016

One of their secret: acqui- hiring. If you wonder how to pick your next launch country first, see my earlier post here. ** One of the most important decisions any company of any size will make is how it will successfully launch operations in a new country (the following applies to launching in new cities or states within an existing country).

Italy 59

Italy Technical Review Germany Poland 59

ReadWriteStart

JUNE 5, 2023

More specifically, estate planning guarantees proper protection and distribution of these assets in case of unforeseen events, such as the founder’s death or incapacitation. Estate planning allows founders to designate successors and outline their roles and responsibilities, promoting a smooth transition and continuity of operations.

Security 154

Security Entrepreneur Intellectual Property Cofounder 154

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. Today, in steps 10-12 I want to discuss with you raising your first round of money, hiring to develop and maintain your company culture, as well as defining your role in the management of your startup.

Management 120

Management Cofounder Startup Bootstrapping 120

Both Sides of the Table

JULY 26, 2015

If you hire somebody early in your startup who is naturally cautious and uneasy with risk – you’re going to have an employee who is constantly one foot out the door because he can’t handle the uncertainties of startup life. And it will make you a significantly better negotiator and operator.

Oauth 150

Oauth Software Review Technical Review IPO 150

Gust

JULY 12, 2012

It doesn’t give you more cash compensation, more equity ownership or more direct control over the operating business. The legal role of the board is to make strategic and corporate-level decisions, hire/fire the CEO, and represent all of the stockholders of the company. They don’t *join* it later.

Cofounder 107

Cofounder Founder Warrant Equity 107