Both Sides of the Table
MAY 13, 2013
Chief Vesting Officers)? Many buying companies price these deals on the basis of $1 million per engineer on the team for an early-stage deal. And on many occasions I have passed on deals where it was clear that the founding team was over-optimizing the deal structure to focus on a quick exit.
David Teten
OCTOBER 1, 2015
I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. If we believe in founders enough, we should believe in their potential more than what they could be paying us to build the product.
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