Startup Professionals Musings

SEPTEMBER 13, 2015

Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners.

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Up and Running

MARCH 7, 2018

I spent years as a manager at a startup company. Aside from the time-consuming tasks of screening potential employees, interviewing, and re-hiring , losing and replacing employees is expensive. Hire the right people. It wasn’t what I was hired to do, but it was liberating. Here is how to do it. Fire when you have to.

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Up and Running

JANUARY 4, 2017

By narrowing down a specific market, you’re more likely to develop a great product this target audience must have, versus a good product that many people are interested in, but few are actually buying. See Also: How to Develop Your Business Strategy. Hiring the right employees. See Also: How to Hire Your First Employee.

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Small Business Social Media Stock Options Employee 122

Up and Running

DECEMBER 1, 2015

If however you are giving a “normal employee” an incentive stock option plan (more on that later), that’s entirely different. Make sure you understand all of your options before making any decisions. When business owners decide to go down the route of equity compensation, there are two primary options to choose between.

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Equity Employee Stock Options Vesting 60

Both Sides of the Table

JANUARY 21, 2010

Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price? I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? Shame about that pesky FAS 157 ruling.

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www.thedailymuse.com

SEPTEMBER 18, 2012

We’re Hiring. What Start-ups Should Know About Hiring a Lawyer. Hiring and working with a lawyer is often confusing and daunting, especially if you’ve never done it before. What should new entrepreneurs look for when hiring a lawyer? Hiring employees. 3 Signs Your Employees Think You Suck as a Manager.

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www.drowningamerican.com

JUNE 22, 2012

Next → How we Hire for Sweat Equity (Part 2)… Posted on April 7, 2011 by Travis Biziorek. The first time we hired partners for Kibin was way back in late 2009. Developers weren’t as in high of demand. I’ve heard people say it’s impossible to hire good developers right now.

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crowdSPRING Blog

OCTOBER 10, 2014

“the people you fire are more important to your [company''s] culture than the people you hire.” Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. 44 engineering management lessons – crowdspring.co/1x7TVkf. ” – crowdspring.co/1slKVZ2.

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The Next Web

AUGUST 12, 2013

It’s important you understand the risks, and start managing them. I managed that by simply being completely transparent about our financials (I still am). However, there is a way to help manage risks and to deal better with day-to-day challenges – and that is by having great co-founders. Remember, that’s precisely your job.

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Both Sides of the Table

MAY 2, 2015

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. HR & Legal.

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www.joelonsoftware.com

MARCH 24, 2010

Fog Creek explicitly recognizes that many good software engineers have no desire whatsoever to do "management" or to take on a formal personnel management role. One of the purposes of the Fog Creek Professional Ladder is to create a career path with promotions for engineers who simply do not want to do management stuff at all.

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Software Review Stock Options Salary Technical Review 48

Startup Professionals Musings

MARCH 2, 2018

Make them owners with stock options and actions. Steve Jobs was a master of having team members own their work, with small things like developer names molded in the plastic cover of the Macintosh. Hiring, recognition, and promotion must foster a culture of focus on job results, commitment, and growth.

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Up and Running

SEPTEMBER 10, 2014

I’m a mom, a full-time sales manager, and recruiter. Taking a campaign online and encouraging non-accredited investors to use a crowdfunding platform is a great way to show their support, manage the volume, and market your business. Management Resumes and Organizational Chart. Stock Option. Customer References.

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Angel Investor Technical Review Software Review Accredited Investor 159

Reid Hoffman

DECEMBER 10, 2020

When the Airbnb founders walked me through their model, how the hosts were also guests, how their community was developing, and what they’d learned from different markets like Barcelona and New York, it showed me that they were on top of Airbnb’s key business challenge, which is to build powerful marketplace dynamics.

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www.startupcfo.ca

MARCH 16, 2012

But it can pose challenges when it comes to building out your management team. One way to deal with these issues to hire part time executives. Part time execs work when: You hire in non-core areas : Finance is super important to any company, but it is not a core aspect of the company’s mission and vision.

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www.inc.com

SEPTEMBER 24, 2011

Leadership & Managing | Tuesdays. LEADERSHIP & MANAGING. Managing Creativity. Research & Development. Managing Creativity. Research & Development. I advise my clients that you offer stock only after youve searched your heart and soul and cant come up with a way to pay with anything else," says Thomas H.

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Both Sides of the Table

APRIL 27, 2010

My original post was directed at hiring managers. It said that I didn’t believe it was a good idea to hire job hoppers. There is a high probability that the person you’re hiring will leave you within 18 months. I learned how to better run a product management process. I never built Google.

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Venture Capital Hiring Software Review Stock Options 285

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

And when you look at the tools that we use, I mean we’ve made so many technological advances, but really to manage a meeting there’s not a practical tool available. We use email; we use Word; we use task manager; we use a file sharing tool. They are so happy that they finally have a tool to manage their business.

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Technical Cofounder Cofounder Software Review Management 220

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. Thanks for visiting! Once you obtain funding, it will be worse than hitting the Lottery. Pyramid Power.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Up and Running

SEPTEMBER 20, 2021

And as the company grows, it brings on new people and may decide to issue stock options to attract new staff and funding from investors. A cap table will help you in the strategic management of business decisions. Later, when the startup develops and becomes profitable, the value of that stock can double or triple.

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Cap Table Pre-Money Valuation Stock Options Option Pool 112

Ben's Blog

APRIL 21, 2010

Six Months Later… Fast-forward six months and everyone in the company is wondering why the sales (or marketing or finance or product) guy who has produced nothing got such a monster stock option package. Meanwhile, the people doing all the work have much fewer options. What the frak just happened? So what happens?

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Stock Options Restful Hiring Sales 78

Duct Tape Marketing

MAY 23, 2019

She is a former Career Development Program Manager at Google, and she is also the author of What To Do When You Need To Move Out of Your Parents’ Basement … No, that’s not it, we’ll get back to that one. John Jantsch: Anytime we develop anything, it is really with our clients or with a market.

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Programming Finance Turkey Stock Options 63

Both Sides of the Table

DECEMBER 2, 2010

If you’re a pure startup and haven’t raised any money – you might change the life of every person you hire. I always encourage people to allocate a few extra stock options to those that join super early when your company is risky and they just believed in you. Sure, you can get away with less, but why?

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thinkspace.com

SEPTEMBER 7, 2012

Manager or Junior Engineer 0.2 - 0.33. Chris Dixon wrote a blog post about “ The one number you should know about your equity grant “ The one number you should know about your equity grant is the percent of the company you are being granted (in options, shares, whatever – it doesn’t matter – just the % matters). CEO 5 - 10.

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Equity Employee Founder CTO Hire 62

www.payne.org

SEPTEMBER 22, 2011

2 Stock Classes: Common and Preferred. 5 Stock vs Options. 6 Founders / Restricted Stock. The re-heating of the venture funded tech market has pushed a heat up of the hiring market, and Im getting more calls from friends asking for help understanding startup stock (equity) offers. 3 Dilution. 4 Vesting.

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Equity Employee Vesting Preferred Stock 56

YoungUpstarts

JANUARY 4, 2019

Comprehensive and articulate, Netflix’s culture deck covered everything, from its history to its purpose; from its expectations for excellence to hiring and firing policies; and nearly every process and work function. Nextjump explains how it creates a safe space for employees to make mistakes while developing their leadership skills.

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Stock Options Global Viral Employee 138

Ben's Blog

APRIL 28, 2010

joined as a General Manager of the Computing Tabulating Recording Company, but renamed the company International Business Machines and turned it into the IBM we recognize today. Salmon points out that “not a single one of the 12 [candidates] is a CEO who was hired to run a company by its board of directors.”. Thomas Watson, Sr.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

The Next Web

SEPTEMBER 16, 2012

Who is your manager? For example, if you work for an ecommerce startup in a sales/business development role and are doing deals that bring in money for the company, you are probably in Bucket Y. What about company stock options? Some companies grant stock options, while others grant restricted stock units.

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Stock Options Startup Stock Salary 141

OnlyOnce

SEPTEMBER 13, 2013

I am realistic enough to know that’s not possible, but as you know, employee engagement, retention, and growth & development are incredibly important to us. Ideally that would be your manager, but if you’re not comfortable starting the conversation there, find someone else — your department head, someone in HR, me.

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Startup Lessons Learned

SEPTEMBER 8, 2009

Policy makers need to know: regulations designed to manage big-companies actually protect those companies by stifling innovation (and competition) from startups. I'm a bit late, and this one might be controversial to some, but long-duration non-competes hurt the development of startups by adding friction to the entrepreneurial economy.

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techcrunch.com

OCTOBER 23, 2010

Inevitably, the excuses begin: I need to hire people to build the product. I don’t know any developers. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like. I need money for the servers.

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Technical Review Cofounder Technical Cofounder Software Review 84

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. Then you can gradually transformyourself from a consulting company into a product company, and haveyour clients pay your development expenses. Apparently our situation was not unusual.

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Technical Review Startup Software Review Angel Investor 76

Up and Running

JUNE 19, 2015

Sabrina: In terms of that, when you think about growing and getting more people on board and all the people management that goes a long with it, how have you dealt with continuing to make sure that the culture is what you want it to be and that you have time to think about it? That’s my dream. Levi: Sure.

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Cloud Small Business Silicon Valley Media 60

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? If your question is available, choose it from the list. Founder or employee?

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Equity Employee Founder Cofounder 40

Startup Company Lawyer

MAY 1, 2009

CompStudy publishes an annual report of equity and cash compensation that provides compensation data on top management positions and Boards of Directors at private companies in technology and life sciences. For example, below are the 2008 results for average equity granted at time of hire in IT companies: CEO 5.40%.

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Stock Options CTO Hire Equity 31

Cracking the Code

JUNE 24, 2021

But the Valley in 1999 was a new world of startups, venture capital, and stock options. We used different playbooks to scale, either hiring someone local, sending someone from HQ to set up a country, or acqui-hiring. In your first M&A, it’s easy to believe you can manage two brands and two platforms.

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Seeing Both Sides

JANUARY 13, 2015

My boss and mentor from Open Market, Gary Eichhorn , made the entire management team read it in the 1990s to hammer home its important lessons as we stumbled through the chasm on our way to scaling from zero to nearly $100 million in revenue in a few years. The first version of the go to market team is hired (i.e., It is a classic.

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Mezzanine IPO Finance Business Model 20