Startup Professionals Musings

FEBRUARY 9, 2020

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. You need to have a technical genius on the team to get your startup product off the ground. The industry veteran.

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Technical Cofounder Cofounder Advisory Board Stock Options 308

The Next Web

JANUARY 30, 2014

Often times, a startup entrepreneur has a good business idea, but doesn’t know how to build the product or service. In many cases, these entrepreneurs are on the hunt for co-founders to help them build their businesses. By identifying the necessary roles, you can figure out how many cofounders you need. The problem?

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Cofounder Founder Technical Cofounder Chicago 136

ReadWriteStart

AUGUST 28, 2012

But when it comes to core technical skills, more and more entrepreneurs are opting to partner with technical co-founders rather than hiring someone for an in-house position. I really believe that what’s most important for a founder is the ability to have a vision for the company, make sales and hire well.

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Technical Review Cofounder Founder Software Review 131

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. This week they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. Praveena wants to invest $20,000 and get 20% equity.

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Cap Table CTO Hire Technical Cofounder Cofounder 133

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.

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Cofounder Early Stage Startup Silicon Valley 388

David Teten

APRIL 1, 2021

I’ve recently advised a number of emerging private equity and VC funds who are wrestling with the question: What are the highest impact steps they can take to support their portfolio companies? . Almost every private equity and venture capital investor now advertises that they have a platform to support their portfolio companies.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

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?

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Cofounder Founder Equity Dilution 128

ReadWriteStart

AUGUST 28, 2012

But when it comes to core technical skills, more and more entrepreneurs are opting to partner with technical co-founders rather than hiring someone for an in-house position. It will also help you to hire better, and understand what’s possible and what’s not possible in terms of technology. Laura Roeder , LKR 2.

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Technical Review Cofounder Founder Software Review 79

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 Honor Technology, Inc. ,

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Technical Review Engineer Finance Technology 62

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. You need to have a technical genius on the team to get your startup product off the ground. The industry veteran.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. Captain Recruiter.

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Cofounder Technical Cofounder Founder Software Engineering 40

View from Seed

SEPTEMBER 18, 2019

As a seed-stage company, it is understandable to have a nascent (or non-existent) product and a barebone team relative to the great ambition of the company. The “product roadmap”. 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.

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Part-Time VPE Seed Stage CTO Hire Forecast 195

rob.by

MARCH 8, 2012

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He begins by explaining how he arrived at his conclusion: I began the hunt to find a technical co-founder – a software engineer who works for no cash – to help me build my dream website.

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Technical Cofounder Cofounder Software Engineering Fractional CTO 42

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. You need to have a technical genius on the team to get your startup product off the ground. The industry veteran. The financial suit.

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Technical Cofounder Cofounder Advisory Board Startup 245

View from Seed

FEBRUARY 9, 2022

You have unbounded curiosity for emerging trends, a love for experimentation, and you’re always eager to dive into new products and technologies before others do. You have 5-10 years of professional experience as a technology operator, founder, and/or investor. You are hungry. Interested?

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Technical Review North America Seed Stage Bandwidth 156

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

viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# So, why should they pick you?

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Cofounder Technical Cofounder Founder Ruby 43

David Teten

AUGUST 20, 2019

Many are reporting that they’re seeing a more diverse pool of applicants than traditional equity VCs… even though virtually none have a particular focus on women or underrepresented founders. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital.

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Revenue Cofounder Founder Venture Capital 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. Plus, we agree that we should have this type of meeting and try to make it productive for all parties.

.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

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. You need to have a technical genius on the team to get your startup product off the ground. The industry veteran. The financial suit.

Technical Cofounder 120

Technical Cofounder Cofounder Advisory Board Stock Options 120

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.

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Cofounder Web Founder South Korea 40

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.

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Equity Employee CTO Hire Fractional CTO 64

www.drowningamerican.com

JUNE 22, 2012

Next → How to Hire for Sweat Equity…. Neither Pablo or I have a technical background and therefore needed someone to build our product. model of offering a more valuable product at no cost to the user (think Mint.Com). ← Previous. Posted on November 14, 2009 by Travis Biziorek. He excitedly accepted.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). What is Sweat Equity Worth? BY Asheesh Advani. |. July 31, 2007 |.

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Sweat Equity Equity Fractional CTO CTO 55

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.

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Technical Cofounder Cofounder Technical Review NDA 41

The Equity Kicker

SEPTEMBER 5, 2014

To be clear I’m a big believer in the power of teams, but we’ve had some success here backing solo-founders and then helping them find a co-founder shortly after that. Having had some success we are looking to rinse and repeat, and that has led us to think about the whole co-founder question in more detail.

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Cofounder Founder Partner Equity 138

YoungUpstarts

NOVEMBER 27, 2018

by Emmanuel de Watteville, co-founder of Blue Ocean Ventures. It’s simple; know how to spot potential and use your area of expertise to identify whether or not this startup’s product or service will become a lucrative asset to its audience. Measure the traction to be gained from the product or service.

Early Stage 160

Early Stage Cofounder Startup Security 160

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

YoungUpstarts

NOVEMBER 18, 2013

by Jeffrey Kadlic, co-founder & managing partner of Evolution Capital Partners. Identify and build your business around your organization’s purpose and beliefs versus the products and services (or the “what” and “how”). Is there a strategic or critical hire that should be made to enhance my company?

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Private Equity Entrepreneur Cofounder Technical Review 164

The Startup Toolkit

FEBRUARY 15, 2013

false As a cheatsheet, the “normal” equity structure is: Founder terms: 4 year vesting, 1 year cliff, for everyone, including you. Getting equity structures right. When it comes to equity terms, there are only 3 things to understand: vesting, cliffs, and acceleration. The equity I’ve earned is mine in either case.

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Vesting Equity Cofounder Technical Review 56

YoungUpstarts

DECEMBER 7, 2017

by Hannah Sieber, co-founder and COO of EcoFlow Tech. Crowdfunding has become common place for new products and new brands. With that number in mind, think strategically about the costs for website and campaign development, PR, digital marketing and all aspects of product costs, even the “hidden” ones.

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Campaign San Francisco Technical Review Flash 145

startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

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Technical Cofounder Cofounder Baltimore Maryland 40

David Teten

OCTOBER 1, 2015

But, you need to build that first product right. 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? So, can an entrepreneur pair up with a dev shop?

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Software Developers Software Development Software Developer 60

Both Sides of the Table

SEPTEMBER 17, 2011

One great solution I see is to hire an outstanding CFO who runs both. “We’re all equal co-founders and we don’t care about titles.&# Still, I’ll bet that functionally you divide areas of competence like sales & marketing, product, engineering, biz dev, etc. .&# But they aren’t the COO.

Operations 292

Operations CTO Hire Startup Early Stage 292

www.cscyphers.com

MARCH 8, 2012

Tutorial Day At #RailsConf » Why Trying To Find A Technical Co-Founder Will Almost Always Fail. Last night, I went to a local “find a co-founder” meetup for RE. the process infrastructure to both maintain the built product and to work on bug fixes (instead of new, cool features).

Cofounder 40

Cofounder Technical Review Founder Software Review 40

View from Seed

APRIL 30, 2015

What is it, and how should founders think about it? Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. So it makes it a lot more challenging when you have debt on the books that isn’t as longer term as equity.

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Term Sheet Equity Startup Seed Stage 120