Startup Professionals Musings

JANUARY 29, 2018

Now is the time to talk to a qualified attorney, and get some discipline in place for the following strategies: Manage founder’s shares like gold with partners. Even though initial stock has no market value today, it is extremely valuable in dividing equity ownership between co-founders, investors, and early partners.

Stock 129

Stock Vesting Preferred Stock Cofounder 129

Startup Professionals Musings

MAY 18, 2015

It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners and taxation. This is the purpose of a vesting schedule, which issues allocated stock over time.

Stock 120

Stock Vesting Common Stock Founder Vesting 120

Startup Professionals Musings

AUGUST 10, 2019

Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. Old co-workers or new friends with complementary skills usually make the best partners. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Hockey Stick 243

Hockey Stick Cofounder Liquidity Event Startup 243

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. Sean Seton-Rogers, Partner, Profounders Capital, breaks the conversation into three areas: Control: voting/veto for new deals, share of management company. So assessing fit is critical.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Both Sides of the Table

MAY 5, 2011

I know it’s not single-handed as he has both fantastic partners at Foundry Group and many other community leaders. These kinds of connections seldom emerge from middle management who view the immediate threats more than the long-run benefits. My recipe for Seattle or your community: 1. Community Leaders + Organizers.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Startup Professionals Musings

DECEMBER 14, 2014

Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. Old co-workers or new friends with complementary skills usually make the best partners. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Hockey Stick 268

Hockey Stick Cofounder Entrepreneur Liquidity Event 268

Startup Professionals Musings

AUGUST 19, 2017

Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. Old co-workers or new friends with complementary skills usually make the best partners. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Hockey Stick 144

Hockey Stick Cofounder Entrepreneur Liquidity Event 144

Startup Professionals Musings

JULY 19, 2013

Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. Old co-workers or new friends with complementary skills usually make the best partners. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Founder 245

Founder Hockey Stick Cofounder Liquidity Event 245

www.paulgraham.com

APRIL 28, 2010

And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. The fund managers, who are called"general partners," get about 2% of the fund annually as a managementfee, plus about 20% of the funds gains. Apparently our situation was not unusual.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Both Sides of the Table

FEBRUARY 14, 2016

” “Mark has a vested interest in talking down valuations of startups.” Many experienced partners are funds have 7-10 boards and most of these will need more capital. The Laws of Supply & Demand. The most basic chart of microeconomics is a supply & demand curve. This is how VCs feel.

Valuation 150

Valuation Down Round Startup Later Stage 150

www.chubbybrain.com

SEPTEMBER 28, 2011

At the end, I asked myself what are the most critical resources I need to be successful and the answer was partners and developers. 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. Post-Mortem Title : Untitled Partners Post-Mortem.

Software Review 79

Software Review Startup Technical Review Vesting 79

Both Sides of the Table

JULY 19, 2015

They suffered in trying to live up to public perceptions and the demands to continue their successes. Success can be lonely because as with Kurt and Amy you find yourself surrounded by a bubble and often a bubble with vested interests in your actions.

Houston 150

Houston Vesting Founder Capital Call 150

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

I then discuss the journey to search for a product distributor who would become my business partner, how and where I found one, as well as the establishment of the e-commerce portal itself. Growth is Not Always Good Most companies want to grow, as did we, but growth should be planned so that it can be managed when you get there.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Both Sides of the Table

APRIL 21, 2010

If I ever say anything less than positive, I have no vested interests in doing so. So there is likely robust demand from borrowers. Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Enter P2P lending. Online peer-to-peer lending. It sucked.

Venture Capital 265

Venture Capital Social Network Angel Investor Chad 265

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. We were obviously wrong about Untitled Partners’ ability to grow through the subsequent downturn. #19

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. Basing a consultant’s compensation on the incremental revenue they generate is a great example of a deal that is on The Fringe (for other creative approaches to partnering, see Agreements on The Fringe).

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

maplebutter.com

JANUARY 8, 2013

What is the best advice you can give for finding a business partner? Don’t quickly choose any business partner. The key is to ask the right people what they think – not your friends, parents or partner. Just ensure you understand your numbers and manage them well. $50 What you measure, you manage). Hope that helps.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Hearpreneur

MAY 9, 2016

I immediately enrolled in beauty school so that I, too, would be vested with the skills to change the quality of life for others as I had experienced first hand. It all comes down to treating others how you want to be treated, whether you are dealing with business partners, clients, or employees.

Customer 48

Customer Entrepreneur Jordan Vesting 48

blog.expensify.com

APRIL 24, 2012

And.NET’s languages (C#, IronPython, managed C++, etc.) ” I’m quite sure with this article you alienated not only few potential customers or partners but also some existing ones. Do you manage to hire any programmers in the first place. are also reasonable and flexible. March 25, 2011 at 7:16 pm. Like what?!

Java 107

Java PHP Software Review Coder 107