SoCal CTO
SEPTEMBER 27, 2011
For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. n = (1.2 - 1)/1.2 =.167. and we have 11.1%
Both Sides of the Table
AUGUST 3, 2010
I can save tons of development time and I think I can buy it for all equity. But to be clear the overwhelming majority of deals involve one company driving the cultural integration, establishment of uniform processes, hiring / firing decisions, etc. A close friend of mine in LA who is 3 years into his startup called me about 2.5
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Hunter Walker
MAY 7, 2014
Whether it’s adding capacity to an existing function (#MawrEngineers) or bringing new talents onboard (“we intend to make our first marketing hire”), glossing over these bullet points towards the back of the pitch deck would be a mistake. I’m interested in not just what these people will be doing but how and when they’ll be hired.
Austin Startup
JANUARY 25, 2020
This was my time at a Wall Street firm that had hired me after I applied for their Junior Stockbroker position, a little while after I graduated from college. This developed into another question: Even more, since there’s so much that goes on within the community, how can I know in one place, on my phone, what’s going on?—?in
www.inc.com
SEPTEMBER 24, 2011
Research & Development. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Create an options pool, if nothing more than in your mind, so you have some parameters to work within," Durkin says.
The Next Web
OCTOBER 7, 2013
They were referring to non-founder engineers, most commonly the first hire for technology businesses. Often difficult to get, the first engineer sets the tone for the rest of the development team. In exchange, the engineer is likely offered the promise that his or her option shares will one day turn into big money.
www.instigatorblog.com
OCTOBER 23, 2010
I gave him similar numbers to what I had been given when I was hiring the first few employees for Standout Jobs. This is especially true when you think of a tech startup, where the first few hires are typically engineers/programmers. But I also told him that I though the numbers were wrong. .&# 1% is just not a lot.
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