Remove Customer Remove Early Stage Remove Founder Vesting Remove Hiring
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How to pick a co-founder

venturehacks.com

The best sellers can sell to customers, partners, investors, and employees. Breakups are hard If you’re going to fall out with your co-founder, do it early, recover the equity into the option pool to keep the company going, and recruit someone else great to fill the missing slot. Build in founder vesting (a.k.a.

Cofounder 101
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The New Deal – A Founding CEOs Value is Non Linear

Steve Blank

The customary vesting model has founders vest their stock over 4-years , and when the founding CEO gets in over their head the VC’s bring in professional management. They also know that most founding CEO’s don’t scale past the early stage. The New Founding CEO Vesting Model. It’s My Idea and Hard Work.

Vesting 251
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The Equity Equation

venturehacks.com

In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. Say the equity equation tells you to pay a prospective hire below market.

Equity 40