Both Sides of the Table

JUNE 18, 2015

And even this can’t stop their employees from fleeing after two years of vesting to move on to the next hot startup. I feel more comfortable in my skin and accept that I can’t return every email, I can’t take every startup pitch, I can’t attend ANY demo days ( did I mention I don’t like demo days ?),

Software Review 150

Software Review Turkey Portfolio Syndicate 150

techcrunch.com

JUNE 22, 2012

This is where a lot of founders get stuck. Not to mention, once the founder and advisor have nominally agreed to a relationship, law firms enter the mix and seed the new advisor with a mountain of paperwork — legal agreements, options agreements — documents stuffed with legalese and binding statements.

Equity 94

Equity San Francisco Startup Silicon Valley 94

www.mattbartus.com

SEPTEMBER 24, 2011

Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. We will grant him/her X% fully diluted shares up front, and every time he/she makes an introduction, he/she will vest in 100 shares.” The most you lose is 1 or 2 months of vesting on the stock. Quora Answers.

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

YoungUpstarts

AUGUST 23, 2013

A colleague sends you a snarky email, so you type a cutting response right back. We can chat, tweet, text, and email to our hearts’ content. Play your cards closer to the vest. A Facebook “friend” insults your political beliefs in a post, so you write a scathing comment about their obvious cluelessness.

Turkey 145

Turkey Vesting Conversion Leadership 145

Steve Blank

MAY 19, 2015

Equally important their VP of Marketing had brilliantly executed a stream of social media campaigns (Facebook likes and partnerships, email campaigns, etc.) Their content was topical, targeted and refreshed daily. to drive traffic to their site, which they then turned into ad revenue. And let me tell you about the vision and strategy again.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

AUGUST 7, 2013

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Trouble with the IRS over Founders stock value. Founders ignore non-compete clauses from former employers. Marty Zwilling.

Non-Compete 235

Non-Compete Accredited Investor Startup Cofounder 235

The Next Web

JUNE 21, 2015

Yes, I’ve applied a ton of tips from the book to my writing (such as blog posts), but it’s also changed the way I write everyday communication such as emails. But it’s likely helpful and informative for anyone in the startup community, any Hunter, or just people like me who can’t wait for their PH daily email each morning.

PR 60

PR Startup Software Review Technical Review 60

Hunter Walker

JULY 2, 2022

So what are some ways that early stage startups can reduce the odds of a newly signed team member becoming regretted attrition before they’ve even signed into their corporate email? Here are a few tips we’ve been giving portfolio founders: Limit the Time Between The Offer and Start Date. Involve Their Family/Partners.

Hiring 93

Hiring Vesting Early Stage Stock 93

Tim Keane

DECEMBER 14, 2009

  Angels can allow founders to partially cash out if they choose to.  the disasters of the Bubble showed that generic business guys don't make such great CEOs (in reference to replacement of founders.)    vesting (of founders stock) is a way for founders to protect themselves from one another. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Scott Edward Walker

JUNE 30, 2019

In this brief video from a few weeks ago, Michael shares some solid advice with respect to how much equity to give your co-founder(s). Moreover, from a legal perspective, a 50-50 split between two co-founders can be problematic due to control/deadlock issues (e.g., the stockholders elect the Board, and the Board appoints the CEO).

Cofounder 45

Cofounder Equity Vesting Video 45

Startup Professionals Musings

JULY 10, 2012

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten founder” problem. Trouble with the IRS over Founders stock value. Founders ignore non-compete clauses from former employers.

Non-Compete 249

Non-Compete Accredited Investor Cofounder Startup 249

View from Seed

APRIL 11, 2016

With texting and SMS and chat, for instance, there’s less vested interest in the conversation and how the other person feels. ” Email, same thing, you can dictate, and there are already programs that do this. It can invite a lot of bad behavior. There’s a ton you can do with speech. Would you like to write on their wall?”

Technical Review 120

Technical Review Technology Audio Startup 120

Austin Startup

AUGUST 20, 2017

Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Kalanick, former investor BFF turned highly disappointed by founder behavior. Usually the founders duke it out among themselves as to titles and responsibilities and relative shareholdings.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Both Sides of the Table

OCTOBER 29, 2009

delivers significant revenues (which they share with the publishers) then the people who are driving real revenue for themselves have a vested interest in staying with Twitter. We have spam filters for our email. The Founder & CEO of Ad.ly It creates free innovation on your platform that drives user growth and engagement.

Technical Review 286

Technical Review Advertising Early Stage Internet 286

Feld Thoughts

JUNE 12, 2014

After a long day, I came home to an inbox with 200 emails in it. While there were lots of other emails where the person owned whatever was going on, there were many situations where this wasn’t the case. Whatever decision she makes will be fine with me – it’ll be a thoughtful one that she owns.

Cofounder 149

Cofounder Vesting Equity Email 149

Both Sides of the Table

MAY 19, 2018

VCs (and LPs) have a vested interest in having more data, whether they want to invest in your company / firm or not. I never thought of this until I became the Founder & CEO of my first startup company. I often send the introduction email and then a second email to the reference to say, “This reference is really important to me.

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

Eric Friedman

JANUARY 23, 2022

Running accelerator programs, investing in startups, and working directly with founders is exactly what I want to be doing with my time. The best part is that I have had countless follow up conversations and DMs getting to know founders. Weekly Email. Email List. My best caveat is that I am an N of 1. Fundraising.

Early Stage 78

Early Stage Equity .Net Vesting 78

Eric Friedman

JUNE 27, 2016

I have been sharing the below with folks via email and privately, but realized I should do so publicly**. Total = 0.75% for 3 advisors that vest as you see fit to help you over the next 1–4 years (more on vesting below). Here are the questions I like to see founders ask potential advisors; 1. Vesting Schedules.

Equity 98

Equity Vesting Cap Table Common Stock 98

blog.simeonov.com

FEBRUARY 22, 2010

Simeon, can you tell us how you structure ownership and control so you can fire your co-founders if necessary? The first part will dispel some myths, address the lifecycle of founder agreements and the key compensation and control parameters in them. Let’s start by dispelling some myths: There is a standard founder agreement.

Founder 44

Founder Vesting Agile Startup 44

www.inc.com

SEPTEMBER 24, 2011

Email address: Home. He suggests granting the options on day one but making sure they vest only upon satisfactory completion of the project. That way, he says, "Vesting is an encouragement for the project to be completed.". Email Address: ); ADVERTISEMENT. Finance | Tuesdays. Innovation | Fridays. Tools & Research.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Genuine VC

JUNE 12, 2012

A few weeks ago, a very good friend who works at a growing startup emailed me with the following question (in which I’ve masked just a few of the identifying details): What does it mean when almost all of a startup’s early employees have left the company? But after you’ve initially vested (after three or four years?),

Vesting 112

Vesting Silicon Valley Startup New York 112

Feld Thoughts

JUNE 30, 2011

I received an email from an entrepreneur today asking me about something that made my stomach turn. There are two founders and they’ve been talking to a VC they met several months ago. In my email exchange with the entrepreneur, I asked two questions. The answer was no and no. The answer was no and no.

Entrepreneur 162

Entrepreneur Vesting Cofounder Angel Investor 162

Duct Tape Marketing

SEPTEMBER 30, 2022

And it was really the founder, our founder David, and he, it was really about, there has to be this better way, right? It's like, that's who they got to know us, and now they're starting to trust us, so they're gonna give us their name and email. Sign up to receive email updates. Like this show? Duct Tape Transcript.

Marketing 75

Marketing Differentiation B2C PR 75

Up and Running

MAY 3, 2012

Others send me unsolicited emails looking for free advice on very specific issues, despite not having met me, nor knowing whether the industry context or country is one I’m familiar with. The signs to me are all too obvious from our conversations. It is not a victimless pursuit for all and sundry. We need a much more balanced narrative.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

www.copelandfirm.com

OCTOBER 21, 2010

Home About Fee Arrangements Location Referrals Testimonials Business Law HUB Certification Mergers & Acquisitions Startup Advice Intellectual Property Copyrights Trademarks Securities Law Debt and Bridge Financing Series A Startup Law Entity Formation Corporation LLC Series LLC RSS Founders Shares: How do you split them up?

Intellectual Property 40

Intellectual Property Founder Vesting Bridge Financing 40

Berkonomics

APRIL 4, 2024

Start-ups with one founder rarely have or need a board of directors. As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. In fact, such a board would seem out of place in a one-person company.

Covenant 48

Covenant Software Review Stock Options Vesting 48

www.thedailymuse.com

SEPTEMBER 18, 2012

When multiple people form a company together, it’s best to establish the rights and expectations of the founders upfront in case there are disagreements down the line. Establishing the ownership and equity rights of the company if there are multiple founders. Email (required). Each other. Hiring employees. Leave a Comment.

Hiring 56

Hiring LLC Intellectual Property Private Equity 56

Scott Edward Walker

OCTOBER 27, 2015

We charge a flat fee of $2,000, plus filing fees, for up to three co-founders and it includes unlimited phone calls and emails. Thus, founders never have to worry about picking-up the phone and asking their lawyers questions. Indeed, we have done more than 300 Startup Packages and the appeal is obvious: no billable hours.

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

ConversionXL

NOVEMBER 6, 2019

Rejoiner , an email platform for ecommerce sites, began as a side project. Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We The company’s co-founder and CEO, Yarkin Sakucoglu, says Socio’s MVP was built for just $9k. million.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Both Sides of the Table

AUGUST 17, 2009

This is part of my ongoing series “ Start-up Lessons. &# If you want to subscribe to my RSS feed please click here or to get my blog by email click here. These periods of time can leave a founder very vulnerable in the future. That’s the difference between a founder and a non-founder. Founder vesting.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

Both Sides of the Table

APRIL 21, 2010

If I ever say anything less than positive, I have no vested interests in doing so. I spent a bunch of time with Co-founders Alex Bard and Gary Benitt. The idea is that in a world in which companies need to deal with customer support requests from Twitter, Facebook, email, phone, IM, etc. Enter Xobni.

Venture Capital 265

Venture Capital Social Network Angel Investor Chad 265

Feld Thoughts

APRIL 21, 2014

I was a co-founder and co-chairman. No phones, no email. Most have an agenda or a vested interest. A few months later the public markets for Internet stocks turned around and we closed a $330 million fund which ended up doing extremely well. In 1999 we filed an S-1 to take Sage Networks public.

Stock 140

Stock Internet SEC Italy 140

The Startup Toolkit

AUGUST 29, 2012

4 year vesting, full acceleration on exit, optional cliff. 2%, you treat advisor equity just like founder or employee equity: vested over 4 years. if the company is sold, they get their entire stake immediately, whereas the founders often have to start a new vesting period in the terms of the acquisition).

Equity 46

Equity Vesting Advisory Board Merger 46

Up and Running

FEBRUARY 19, 2014

To learn some common legal pitfalls we’d all be better off avoiding, we asked nine founders from the Young Entrepreneur Council (YEC) what unexpected things they found themselves needing lawyers for in the early stages of their startups. Hire a lawyer to help draft an incentive plan with a vesting schedule that fits your business.

Non-disclosure Agreement 97

Non-disclosure Agreement NDA Term Sheet Early Stage 97

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Should founders have anti-dilution rights?

Equity 62

Equity Employee Founder CTO Hire 62

ithacaVC

JUNE 20, 2011

Setting up a legal entity that will have multiple owners from inception (like 2 or more founders) requires good lawyer input. Setting up a legal entity that will have multiple owners from inception (like 2 or more founders) requires good lawyer input. Lawyer time required (including vesting agreements for founders): 3 to 6 hours.

Stock Options 58

Stock Options Vesting Subscription Agreement Founder Vesting 58

Tim Keane

JANUARY 12, 2010

These include: ·       Vesting of Founder Stock. Especially in situations where the founders have a large position and are key employees, it is not uncommon for investors to request that they agree to have some portion of their holdings vest on a schedule. Signup for email updates.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68