Tim Keane

JANUARY 12, 2010

Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react. Term-sheets and Valuations: Thinking about Negotiations.

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Term Sheet Valuation Dividend Liquidation Preference 68

Berkonomics

MAY 15, 2014

These usually involve a handful of angel investors, and a few entrepreneurs, who all want to build the very best term sheet for their exciting nascent enterprise. Just a few of these terms include vesting, corporate structure, governance principles, financing strategy, valuation and exit strategy. Raising money'

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Term Sheet Angel Groups Angel Investor Deal Structure 91

Steve Blank

SEPTEMBER 2, 2015

Resilience – the ability to bounce back from adversity – is one of the key attributes of entrepreneurs and was the focus of my first weekly radio show, Entrepreneurs are Everywhere , on Sirius XM Radio Channel 111. I thought it was worth 5% and that was definitely something where there wasn’t total alignment.

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Entrepreneur New York Cofounder Equity 120

Startup Professionals Musings

APRIL 19, 2010

I’m not suggesting that every startup needs a lawyer, but you should definitely pay attention, and not be afraid to consult legal counsel if any of these raise qualms for you. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding equity. Marty Zwilling.

Non-Compete 125

Non-Compete Accredited Investor Startup Cofounder 125

Up and Running

FEBRUARY 27, 2014

You have a vested interest in making sure it works. You have a vested interest in making sure it can support your lifestyle, allow you to quit your job and NEVER work for anyone ever again in your life. This includes reading lots of business books, watching TED talks, and being an entrepreneur and business owner.

Vesting 101

Vesting Cloud CPA Finance 101

The Next Web

OCTOBER 7, 2013

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. After a year, shares will vest in monthly or quarterly splits until the full grant is vested. Entrepreneur Insider Analysis and Opinion How-To''s'

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Engineer Dilution Option Pool Vesting 129

Hearpreneur

NOVEMBER 19, 2021

My finance career began with a long commute and a cramped cubicle. Starting a business is difficult, and while I don't get more sleep than I used to, I definitely sleep better. But, you can be sure that as an entrepreneur, each day will be loaded with new possibilities to challenge yourself, be innovative, and learn something new.

Entrepreneur 146

Entrepreneur Software Review LLC Web Development 146

Professor VC

FEBRUARY 26, 2008

As I mentioned in the previous post, Jeff Fluhr (founder of StubHub) recently stopped by my Entrepreneurial Finance class to share his 4 Lessons of Entrepreneurship with the students. Do you have the right make-up to be an entrepreneur? He definitely had a lot of people tell him that it couldnt be done.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

thebarefootvc

MAY 13, 2015

After taking an economics class in college which sparked my interest in business, I changed my focus to a dual degree in finance and communications, with the goal of combining capitalism with media to make an impact on the world. The hidden cost of this (and employee burnout) is one that any investor is all too familiar with.

Silicon Valley 40

Silicon Valley Tanzania New Jersey United States 40

thebarefootvc

MAY 13, 2015

After taking an economics class in college which sparked my interest in business, I changed my focus to a dual degree in finance and communications, with the goal of combining capitalism with media to make an impact on the world. The hidden cost of this (and employee burnout) is one that any investor is all too familiar with.

Silicon Valley 40

Silicon Valley Tanzania New Jersey United States 40

blog.simeonov.com

FEBRUARY 22, 2010

Even if you are an experienced entrepreneur, you’ve probably only seen a few founder agreements in your life. In one case the CEO had a different vesting schedule because he had spent a lot more time than the rest of the founding team on the idea. There is some up-front vesting acceleration. Founder status == founder agreement.

Founder 44

Founder Vesting Agile Startup 44

The Startup Lawyer

MARCH 11, 2010

For example, a founder stock purchase agreement is 12+ pages long because founders can, have, and will fail and/or bail on startups (hence the vesting schedule & startup repurchase option). I welcome these and future standardized seed funding docs because they provide entrepreneurs with the chance to take a look at financing terms.

Delaware 49

Delaware Hockey Stick Preferred Stock Open Source 49

The Startup Lawyer

MARCH 11, 2010

For example, a founder stock purchase agreement is 12+ pages long because founders can, have, and will fail and/or bail on startups (hence the vesting schedule & startup repurchase option). I welcome these and future standardized seed funding docs because they provide entrepreneurs with the chance to take a look financing terms.

Delaware 45

Delaware Hockey Stick Preferred Stock Open Source 45

thestartuplawyer.com

FEBRUARY 24, 2010

Entrepreneurs often believe their startup company faces legal threats from only external sources. About the Author Ryan Roberts is a startup lawyer and represents technology companies through all phases of the startup process, including incorporation, seed & venture financings, and exit transactions. And that’s a big mistake.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

www.chubbybrain.com

SEPTEMBER 28, 2011

We love a good entrepreneurial success story – entrepreneur as protagonist overcomes obstacles and builds a thriving, successful company (and become wealthy while doing so). Go vest yourself. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.

Software Review 79

Software Review Startup Technical Review Vesting 79

dondodge.typepad.com

JANUARY 15, 2011

Entrepreneurs face some pretty tough questions at a very early stage. Both the entrepreneur and the investor have much higher expectations than just "even money" on their bet. The entrepreneur expects the company to be worth many times this valuation and so does the investor. Should I take Angel or VC money?

Equity 40

Equity Employee Dilution Valuation 40

Software By Rob

NOVEMBER 16, 2009

Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. I was surprised by this, as I thought Seth was going to discuss another option I’ve seen used with great success: customer financing. Customer financing is not popular with startups because it’s hard. Why Don’t More Startups Do This?

Equity 42

Equity Software Review RSS Widget 42

David Teten

JANUARY 8, 2013

Investors can tap this network for executive talent, followon financings, and eventually an exit. For example, many leading VCs, including First Round Capital and ff Venture Capital , have made their websites hubs for job-seekers, because their portfolio companies by definition are growth firms constantly in need of the best talent.

Private Equity 114

Private Equity Social Media Equity Media 114

Entrepreneurs-Journey.com by Yaro Starak

APRIL 29, 2011

Some of the most successful entrepreneurs are bankrupt today. There can be a big disconnect between entrepreneurship and basic fundamental personal finance. It is not necessary that someone who is financially savvy and sophisticated be an entrepreneur, but the reverse is a whole different story.

Finance 78

Finance Stock Forecast Vesting 78

maplebutter.com

JANUARY 8, 2013

If you’re an Entrepreneur, you can do it from any place in the world. How important is education when I know I want to be an entrepreneur? When you are a young entrepreneur and you have a project (say a new age TV show) and you need to raise capital for the project. If you’re a young entrepreneur, than congrats!

Technical Review 44

Technical Review Startup Cofounder Software Review 44

venturehacks.com

OCTOBER 21, 2010

Reading on, the term sheet states, “The $8 million pre-money valuation includes an option pool equal to 20% of the post-financing fully diluted capitalization.&# Third, if you sell the company before the Series B, all un-issued and un-vested options will be cancelled. This can be done on any financing or M&A event.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

Both Sides of the Table

AUGUST 30, 2010

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. What does this mean if you’re an entrepreneur? raise money now to weather any storms).

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

The Next Web

DECEMBER 29, 2013

To find out, I asked a panel of successful entrepreneurs from the Young Entrepreneur Council (YEC) , the following question: What do you think will be the new “it” social- or content-related job in 2014 for startups and why? Andrew Schrage , Money Crashers Personal Finance. . Andrew Vest , Preferling. . What’s next?

Social Media 164

Social Media Vesting Distribution 164

www.readwriteweb.com

FEBRUARY 23, 2010

7: Invest in Advisors : Give away a small amount of stock to advisors (which they can vest after a few years) who you can call on in a pickle or for general advice as issues arise. Photo credit: althecat See Also The Startup Financing Dating Game: Courting Potential Investors Be Prepared! Invest in Advisors. my favorite.

Entrepreneur 69

Entrepreneur Venture Capital San Francisco New Zealand 69