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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

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.

Cap Table 133
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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

Your product demo crushed. 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. But your co-founder had been senior at one of the big enterprise software companies and if I remember correctly American Express had run a big pilot with you.

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2022 Predictions

Eric Friedman

1/ Twitter builds out payments into the product – launches a new creator chapter. This is already happening, but there will be an explosion of rolling funds, operator angels, and micro investors who want to co-invest in friends, companies, and cohorts they are a part of. Maybe the founders are the micro VCs we have been waiting for?

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

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. 5) High Productivity: Kayak had 148 employees at the end of 2010.

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Beware of Premature Merge Elation

Both Sides of the Table

years ago and told me, “I just got offered the chance to buy this company because the founder doesn’t want to continue. It meant that the management teams hadn’t figured out a product / market fit for their own businesses. Sometimes this involves co-CEO’s. Been there, done that, made the mistake.

Merger 276
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Dear elizy: How should I split equity with my co-founders?  And how will that affect raising a seed round?

Hippoland

Dear elizy : I started a company in school with two co-founders. But, Ada wants to split the equity 50% her, 20% Bob and 20% me with a 10% option pool. You have to productize the research, build partnerships, sell to customers, etc – presumably none of which you have done pre-incorporation.

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Founders Should Set Aside More Equity for Their Team & “Split the Pain” With Investors

Hunter Walker

But employee option pool is important enough that I wanted to briefly expand upon my comment above. Since Homebrew typically leads/co-leads seed rounds, we assist in helping founders design and manage their pool against their hiring forecast. As you can see, Weekend VC Twitter gets pretty wild and crazy!!!!

Equity 94