Remove CTO Hire Remove Entrepreneur Remove Hiring Remove Vesting
article thumbnail

Introducing the Cap Table and Hiring the CTO

Feld Thoughts

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. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. Time to update the cap table.

Cap Table 133
article thumbnail

What to expect before accepting the offer to become Engineer #1 at a startup

The Next Web

They were referring to non-founder engineers, most commonly the first hire for technology businesses. Every time a startup raises capital, all common shareholders are diluted. After a year, shares will vest in monthly or quarterly splits until the full grant is vested. How do you feel about that number?

Engineer 129
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advice for CTO Founders: Don't Let Business Kill the Business

www.informationarbitrage.com

Home About Press IA Capital Partners Archives After 17 years in M&A, Derivatives and Trading, Im spending my time with young entrepreneurs in and around financial technology and digital media. Main February 23, 2010 Advice for CTO Founders: Dont Let Business Kill the Business Founding a technology company is an amazing thing.

article thumbnail

How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

Are there other tools that you’ve used that you think would be helpful to share with other entrepreneurs and founders? How long should people vest – four years? Investors routinely subject founder shares to vesting, but there is no rule that says that founders cannot, or should not, impose vesting on themselves.

Equity 62
article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. Most firms that do decide to take equity do so because their risk is far reduced when compared to that of the entrepreneur, or that of the traditional cash investor.

article thumbnail

Startup Lessons for the Proto-Founder

www.metamorphblog.com

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. We hired three guys from that batch and paid them in iPhones. Treat everyone you hire like a co-founder. Vest, young man.

Founder 51
article thumbnail

CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

Update: The end is near, Expensify is hiring a.NET programmer! As you might know, we’re hiring the best programmers in the world. If you are a startup looking to hire really excellent people, take notice of.NET on a resume, and ask why it’s there. Expensify Blog. Expense Reports That Don't Suck. Sjoerd Franken.

Java 107