Both Sides of the Table

AUGUST 3, 2010

Focus on your customers and don’t obsess about deals or keeping up with your competitors releases.&#. It meant that the management teams hadn’t figured out a product / market fit for their own businesses. If they raise a bunch of capital little ole you isn’t going to be around to have your option pool topped up.

Merger 276

Merger Technical Review Early Stage Dilution 276

Hunter Walker

MAY 7, 2014

Whether it’s adding capacity to an existing function (#MawrEngineers) or bringing new talents onboard (“we intend to make our first marketing hire”), glossing over these bullet points towards the back of the pitch deck would be a mistake. I’m interested in not just what these people will be doing but how and when they’ll be hired.

Hiring 108

Hiring Option Pool Early Stage Term Sheet 108

www.inc.com

SEPTEMBER 24, 2011

Leadership & Managing | Tuesdays. LEADERSHIP & MANAGING. Managing Creativity. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Get and keep customers with affordable online marketing tools.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

VC Cafe

OCTOBER 16, 2010

Tender – customer support. Basecamp – project management. uservoice – customer feedback. link] – proactive customer chat. How do bootstrapped companies hire talent? 1 CEO who doubles as head of product management. Short answer: Chargify – recurring payments. link] – crm.

Option Pool 88

Option Pool Analytics LLC Startup 88

venturehacks.com

OCTOBER 21, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS The Option Pool Shuffle by Nivi on April 10th, 2007 “Follow the money card!&# – The Inside Man, Three-Card Shuffle Summary: Don’t let your investors determine the size of the option pool for you. Don’t lose this game. share to $1.00/share:

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

Seeing Both Sides

JULY 15, 2009

I had to struggle to get to $6 pre and I have a prototype and real customers! The investors who provided the $4 million own 40% of the company and the management team owns 60%. Another term that impacts the price is the size of the option pool. We put forward a “6 on 7” deal with a 20% option pool.

Pre-Money Valuation 49

Pre-Money Valuation Option Pool Stock Options Post-Money Valuation 49

www.paulgraham.com

OCTOBER 23, 2010

7 ] And though theres going to be one investor who gives them the firstcheck, and his or her help in recruiting other investors willcertainly be welcome, this initial investor will no longer be thelead in the old sense of managing the round. Nearly all customers choose the competing product, ajob. Its the way things have always been.

Startup 93

Startup Valuation Non-Compete Deal Flow 93