Remove CTO Remove Option Pool Remove Partner Remove Valuation
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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. Post-money valuation probably no higher than $12M (2). Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Series A-1 Preferred.

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Should You Share Equity with Consultants?

www.inc.com

We had a rough time early on," says Parker, president and chief technology officer of Roving Software Inc. , Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. Chip Morse , cofounder and partner with Morse, Barnes-Brown & Pendleton P.C., based in Waltham, Mass. Two trucks.

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Is it Time for You to Earn or to Learn?

Both Sides of the Table

Let’s assume that the company raised it at a normal VC valuation, which means it gave up 33% of the company and thus $5 million / 33% = $15 million post-money valuation. So a friend recently called to ask for advice on becoming the CTO of a startup. OK, you would own 0.25% of the stock. That’s a given.

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

The Next Web

Startup employees are granted common shares out of something called an option pool. It is typical for employees to vest their options over four years with a one year cliff, which means a new hire must stay on the company for at least one year to see any shares. What’s everyone else getting?

Engineer 129
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How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

Chris Dixon wrote a blog post about “ The one number you should know about your equity grant “ The one number you should know about your equity grant is the percent of the company you are being granted (in options, shares, whatever – it doesn’t matter – just the % matters). Percent of the outstanding option pool: meaningless.

Equity 62