Startup Professionals Musings
MAY 1, 2023
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Each cofounder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Startup Professionals Musings
AUGUST 9, 2020
Even with an agreed initial equity split, it’s smart to have Founder’s stock actually issue or vest over a period of at least two years, on a month-by-month basis. The CTO of many technical startups was the original founder. Keep your wits about you to make sure that dilution is done equitably and evenly.
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Startup Professionals Musings
SEPTEMBER 10, 2018
Even with an agreed initial equity split, it’s smart to have Founder’s stock actually issue or vest over a period of at least two years, on a month-by-month basis. The CTO of many technical startups was the original founder. Keep your wits about you to make sure that dilution is done equitably and evenly.
Feld Thoughts
SEPTEMBER 2, 2011
Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. Praveena wants to invest $20,000 and get 20% equity.
Startup Professionals Musings
AUGUST 4, 2014
Even with an agreed initial equity split, it’s smart to have founder’s stock actually issued or vested over a period of at least two years, on a month-by-month basis. The CTO of many technical startups was the original founder. Keep your wits about you to make sure that dilution is done equitably and evenly.
Startup Professionals Musings
AUGUST 24, 2016
Even with an agreed initial equity split, it’s smart to have Founder’s stock actually issue or vest over a period of at least two years, on a month-by-month basis. The CTO of many technical startups was the original founder. Keep your wits about you to make sure that dilution is done equitably and evenly.
www.inc.com
SEPTEMBER 24, 2011
Advisor. ); STARTUP. Chip Morse , cofounder and partner with Morse, Barnes-Brown & Pendleton P.C., Besides the future potential earnings youre forgoing, youre also diluting your own ownership in the company. He suggests granting the options on day one but making sure they vest only upon satisfactory completion of the project.
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