David Teten

JANUARY 19, 2021

From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Flexible VC 101: Equity Meets Revenue Share. Equity Ownership. Yes, typically preferred equity. On average, founders own just 43% of equity by Series B , declining thereafter. Flexible VC offers you this.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

APRIL 30, 2012

Develop the solution with your technology, and develop a strategy to maximize your impact in the marketplace. Although their book is written for businesses of all sizes, I believe the principles apply especially to startups as follows: Increase return on equity invested. Intellectual property (IP). Scalability.

Intellectual Property 248

Intellectual Property Startup IP Finance 248

Both Sides of the Table

SEPTEMBER 25, 2010

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. He’s fine with equity provided it’s cheap to paper it legally. Photo credit: D. Blanchard/O’Reilly Media.

Finance 286

Finance Term Sheet Technical Review Warrant 286

Startup Professionals Musings

NOVEMBER 9, 2010

Develop the solution with your technology, and develop a strategy to maximize your impact in the marketplace. Although their book is written for businesses of all sizes, I believe the principles apply especially to startups as follows: To increase return on equity invested. Intellectual property (IP). Scalability.

Intellectual Property 231

Intellectual Property Startup IP Finance 231

NZ Entrepreneur

SEPTEMBER 29, 2021

The goal is to gather a skill set around that table that reflects the next level of maturity of the business, and to regularly refresh it as the business scales up and needs a different skill set for each stage of its development. This equity will vest over 2-3 years. Startup directors’ value should be recognised.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

YoungUpstarts

OCTOBER 14, 2011

“Increasingly, attention is shifting from established Western markets to our part of the world, and we believe Asia will increasingly drive venture capital and private equity activities in the future,” says Eugene Wong, chairman of the Singapore Venture Capital Association (SVCA). ” The flow is not limited to money as well.

Singapore 198

Singapore Technical Review Technology Incubator 198

Scott Edward Walker

SEPTEMBER 28, 2011

And if the departing founder has a huge chunk of equity, it is unlikely that the company will find many sophisticated angels or VC’s interested in investing. IP Ownership. You must confirm that none of the founders’ prior employers has any rights to the venture’s IP because he or she was “moonlighting” while previously employed.

Vesting 89

Vesting Software Review IP Intellectual Property 89

Version One Ventures

OCTOBER 15, 2020

In this post, I’ll provide an overview of these recent developments as well as a sense of the grand vision I see forming for Lightning around payments and Web3 applications. In contrast to DeFi’s “move fast and break things” attitude, Lightning development has been intentionally slower and more methodical. 1) Generalizable Payments .

Networking 168

Networking Global OTC Security 168

Both Sides of the Table

JANUARY 21, 2010

You never got around to agreeing exact equity splits but you had many conversations about it. Shame about not getting it in legal writing that you owned the original IP. I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? Here’s a hack for you.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Both Sides of the Table

OCTOBER 17, 2019

Defensible IP When I’m asked by newer, younger VC partners for advice on our sector, one of the things I always emphasize is looking for companies who have built defensible intellectual property (IP). Defensible IP becomes insanely valuable?—?particularly Over the past 2.5 particularly as you achieve scale.

IP 223

IP Intellectual Property IRR Cofounder 223

The Startup Lawyer

JANUARY 26, 2010

Now if your startup received a $5MM Series A investment from a venture capital firm, how many developers (that you can recall) would come out of the shadows of the internet and claim to be your startup’s long lost founder? But if your startup becomes a wild success, the developer will. How to Lock Down the IP.

IP 57

IP Intellectual Property Founder Stock Options 57

www.greenhornconnect.com

OCTOBER 3, 2011

1) You and your partners have developed IP critical to your business. Intellectual property is the most valuable asset most startups possess, so it is crucial that the startup, not the founders, own IP developed for the business. 2) You’re hiring employees. are not met. 4) You’re ready to raise money.

IP 40

IP Intellectual Property Limited Liability Company Boston 40

This is going to be BIG.

FEBRUARY 2, 2012

You just don't wind up with $25 million to name a dorm unless you've gotten equity upside in something. I've been thinking a lot about what an innovation-friendly school looks like and have a few thoughts--and it doesn't just mean building labs or creating more flexible IP licensing schemes.

Incubator 118

Incubator .Net Cofounder Software Developers 118

The Startup Magazine

JULY 25, 2019

If founders and investors come together at the start, then you need the assistance of a lawyer to sort out the equity rights. . Beyond this, many startups need to protect the IP that is the core of their business. An IP lawyer will help determine what can be protected and if you should file for protection. Hiring Employees .

Intellectual Property 81

Intellectual Property Hiring IP Startup 81

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. Is there a development step that you must take to fulfill demand for a particular use case, and, if so, how does that cost get absorbed? Are the logistics manageable?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Scalable Startup

MARCH 7, 2012

Investor groups are cutting out the management, bus dev, sales, and marketing professionals, trying to get raw, young engineering teams that have never negotiated a term sheet to give away their IP rights and equity for next to nothing. Many investors now advertise that want only developers, they will cover all business/marketing/etc.

Software Review 26

Software Review Technical Review Los Angeles Due Diligence 26

www.seriesseed.com

DECEMBER 9, 2012

We went with equity because ivestors would prefer to get equity for the following reasons: 1. One of the reasons notes have become so popular is that the equity documents were too expensive. Good idea, I think this will benefit lots of startups and some angels. Posted by: toby | 03/01/2010 at 09:52 PM. Will try and fix today.

Finance 40

Finance Term Sheet Vesting LLC 40

Startup Professionals Musings

FEBRUARY 28, 2010

I have developed a Non-Profit and a For-Profit HealthCare and Home Care Agency, and I have an Executive Summary and Business Plan. You will find that investors don’t often invest in a services business, since there are no assets for equity, and banks don’t lend money to someone with no credit and a mortgage problem.

Sweat Equity 188

Sweat Equity Entrepreneur Equity CPA 188

mashable.com

OCTOBER 16, 2010

Paired with our rapid incubation system for small cap private companies on their way to becoming public, as a FIRST step for growth funding, rather than as a last step for exit ROI, it's easy to see why the system we initially developed for Angel Investors is fast becoming a viable option for Venture Capital firms, as well.

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

Both Sides of the Table

JULY 10, 2010

Michael is a very accomplished corporate executive in his own right having run Sega Gameworks and helped IPO EuroDisney as well as having been on the founding team of DreamWorks SKG (where he helped them raise their first $900 million in equity). Tapulous developed music-oriented games for the iPhone. We discussed: 1. TechCrunch.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

David Teten

MAY 16, 2011

Geleerd began his career at Arthur Andersen in tax consulting before leaving to join Sam Zell’s Equity Group where he underwrote the acquisition of over $2 billion of real estate acquired by the Zell-Merrill Lynch Opportunity Funds (which ultimately went public as Equity Office Properties, LLC). Wednesday, May 25, 2011.

Naming 122

Naming Government Intellectual Property LLC 122

mashable.com

OCTOBER 16, 2010

View Comments Watch Facebook, Groupon and Quora’s Founders Speak at Startup School [VIDEO] View Comments Mashable Weekend Recap: 19 Stories You Might Have Missed View Comments Groupon’s Founder on How to Get Super Rich View Comments PHP, MySQL & AJAX Developer at Comentum Corp. SCVNGR Makes Major Enhancements to iP.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

Feld Thoughts

JULY 31, 2013

It took me several more years to understand Brad, and during this time I developed a deep appreciation of his passion for entrepreneurism. By the time we sold to Level 3, our total proceeds to equity owners and management were $225M. Third, we developed a thesis around “Bandwidth Infrastructure”, a term we coined.

Bandwidth 147

Bandwidth Colorado Startup IRR 147

infochachkie.com

SEPTEMBER 24, 2011

Instead of hearing from your long lost third-cousin, you will be inundated with an avalanche of ‘congratulatory’ emails, calls and letters from people who want to relieve you of the burden of your hard-earned equity round. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Gust

DECEMBER 8, 2011

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Stepping off the soapbox, let’s examine the highest level “To Do” list for a new startup: Formation, Governance and Equity. Pick a name for the new legal entity (e.g., Newco, Inc.”) Pick a name for the new legal entity (e.g.,

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Startup Company Lawyer

JULY 20, 2009

If there is more than one founder, the likelihood of an argument about how the equity should be split in the new company increases dramatically. Incorporating a company and issuing stock to the founders will help prevent misunderstandings among the founders about equity splits. Creating intellectual property. Issuing stock options.

IP 67

IP Stock Options Preferred Stock Capital Gains 67

The Startup Lawyer

APRIL 12, 2010

4) Is your startup hiring developers or designers? 5) Is your startup granting stock options or other equity compensation? 8) Is your startup signing contracts with third-party companies for business services (not for IP creation or development)? No –> 0 points. (3) Yes –> 5 points. No –> 0 points.

Stock Options 94

Stock Options IP Cofounder Venture Capital 94

The Startup Lawyer

APRIL 12, 2010

4) Is your startup hiring developers or designers? 5) Is your startup granting stock options or other equity compensation? 8) Is your startup signing contracts with third-party companies for business services (not for IP creation or development)? No –> 0 points. (3) Yes –> 5 points. No –> 0 points.

Stock Options 89

Stock Options IP Cofounder Venture Capital 89

www.readwriteweb.com

OCTOBER 7, 2007

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. What is bootstrapping? Why bootstrap?

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

Business Plan Blog

DECEMBER 10, 2013

Product Development. You will also need proposals for the cost to develop the minimum viable product (the features that allow the product to be deployed). If you cannot afford to hire the individuals with key expertise you may need to bring them on as co-founders with an equity stake or hire a part-time, interim individual or company.

Angel Investor 55

Angel Investor Intellectual Property Seed Capital Advisory Board 55

Business Plan Blog

NOVEMBER 22, 2013

A fair amount of your FFF funding will likely go towards product development. You will also need proposals for the cost to develop the minimum viable product (the features that allow the product to be deployed). Common types of IP rights include copyright, trademarks, patents, design rights, and trade secrets. Market Validation.

Intellectual Property 55

Intellectual Property Advisory Board Startup Seed Capital 55

Austin Startup

SEPTEMBER 20, 2017

The enterprise focus has a tough time showing their own IP versus the vertical business solutions have limited total addressable market. Is trying to crack equities trading through deep learning algorithms $100K Winner The $ 100K was won by New Knowledge. There are challenges on both sides. Substrate.ai

Austin 49

Austin Artificial Inteligence Startup Vertical 49

ConversionXL

JUNE 2, 2022

This lead becomes your first contact and is then developed into an account. Marketing development reps were then limited to 100 accounts each and aligned with three to four sales reps to target only 400 accounts. 8 questions to ask before developing your ABM program. The tip of the cone is your initial lead. Gates and weights.

Customer 98

Customer Marketing Channel Acquisition 98

blog.simeonov.com

FEBRUARY 22, 2010

I have been thinking a lot recently about how to apply agile development principles to investing and key aspects of startup development such as team building. It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc. The first post is about agile startup fundraising.

Founder 44

Founder Vesting Agile Startup 44

Scott Edward Walker

FEBRUARY 1, 2014

Mistake #2 : not buttoning-down IP ownership issues (at 10:20). Mistake #2: Not Buttoning-Down IP Ownership Issues. CA exception – CA Labor Code Section 2870: (i) different space, (ii) not using employer’s facilities and (iii) idea/IP is not based upon work done for employer. Mistake #1: Forming the Wrong Entity.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Up and Running

DECEMBER 8, 2021

The development of a patent strategy involves the careful consideration of various global markets. Offering in-house counsel equity is an affordable and practical workaround to secure in-house counsel on a limited budget. Market-driven strategy. Thinking long-term.

Technical Review 88

Technical Review Portfolio Startup Intellectual Property 88