Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Steve Blank

OCTOBER 23, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. At first many start-ups hire a lobbying firm. Larger companies hiring a Chief of Staff often look for someone who has an MBA, experience with one of the big consulting firms, or experience doing the job already.

Government 212

Government Advisory Board Salary Sales Cycle 212

Startup Professionals Musings

OCTOBER 16, 2022

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. For aspiring new entrepreneurs of any age, this is an opportunity for a win-win situation, with the proper mix of Boomers with Gen-X and Gen-Y employees and executives. Member of the Advisory Board.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

The Startup Magazine

JUNE 26, 2023

Avoiding Poor-Quality Work Through Referrals Rob Walters and Mike Liyeos credit Quattro Development’s success to their small but scrappy team of eight employees. The co-founders experienced initial hiccups in their internal hiring processes, too. The equity partner] ended up going bankrupt. “We

Cofounder 132

Cofounder Developer United States Founder 132

The Startup Magazine

MAY 2, 2023

As part of The Startup Magazine’s Female Founder Interview series , today we present Minué Yoshida, owner of the New York-based Yoshida Academy which offers courses to help clients in mastering public speaking and leadership skills and diversity, equity and inclusion consulting. The first step was to acknowledge our current diversity.

Founder 149

Founder Equity Leadership Hiring 149

Steve Blank

OCTOBER 10, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload.

Government 174

Government CTO Hire Technical Review Advisory Board 174

Startup Professionals Musings

MAY 22, 2020

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Startup Professionals Musings

FEBRUARY 18, 2023

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. And the amount of equity you need to grant to accomplish these hires is also an art and most certainly not a science.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

Startup Professionals Musings

FEBRUARY 8, 2013

How the leaders of your company handle adherence to the spirit as well as the letter of the law will be seen by all employees, customers, and investors. Partner decisions are more important than hiring decisions. Ethics and the view of personal boundaries should be explored fully. No historical baggage.

Partner 258

Partner Software Review CTO Hire Equity 258

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Board Effect

APRIL 15, 2024

These include increased employee satisfaction, better volunteer and donor engagement, stronger collaboration as well as added creativity and innovation. It’s about creating spaces where diversity is celebrated, equity is pursued with tenacity, and inclusion is the norm rather than the aspiration.

Ireland 52

Ireland Ohio Government Equity 52

David Teten

MARCH 14, 2018

Sophisticated VC and private equity funds have a wide array of options for leveraging outside operating executives. – Hire more non-Partner staff. – Hire more Partners. For a VC fund to be actively engaged in a large number of investments, it needs to hire more Partners to sit on more boards.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

The Startup Magazine

JANUARY 24, 2020

Hiring too much or not enough. Hiring is one of the most challenging parts of running a business, no matter how large or small your operation is. From finding a qualified pool of applicants to interviewing, verifying references, and filing the hiring paperwork, just managing and recruiting employees is a full time job.

Software Review 143

Software Review Startup Technical Review Hiring 143

Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Seed Stage Startup Equity 48

Board Effect

FEBRUARY 14, 2024

Diversity, equity and inclusion (DE&I) values are inextricably bound to the missions of most nonprofit organizations. Maybe it means hiring more people of color or those from other marginalized groups. Or commit to hiring when positions open through retirement or attrition?

Metrics 52

Metrics Equity Software Review Leadership 52

Feld Thoughts

SEPTEMBER 2, 2011

This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while. They come up with two options: Hire Praveena as an employee and offer her stock options.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

ReadWriteStart

DECEMBER 15, 2022

It provides the freedom to partner with entrepreneurs and reduce the costs of agency work in exchange for equity in their startup. This allows the studio to retain a larger stake in internally funded startups and gain equity in other startups through partnerships. Keep Employees Engaged When on The Bench.

Incubator 188

Incubator Startup Software Developers Software Development 188

Startup Professionals Musings

JANUARY 18, 2020

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. For aspiring new entrepreneurs of any age, this is an opportunity for a win-win situation, with the proper mix of Boomers with Gen-X and Gen-Y employees and executives. Member of the Advisory Board.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

VC Adventure

AUGUST 16, 2020

Despite how much time companies talk about the importance of their employees and, in many cases, how every employee is also an “owner” of their business through their option program, most companies are pretty ad hoc (or down right sloppy) about how they plan for and execute their option program.

Programming 149

Programming Vesting Equity Software Review 149

Duct Tape Marketing

APRIL 20, 2022

Rolling Out The Red Carpet For Your Employees written by John Jantsch read more at Duct Tape Marketing. She’s the author of three books including: The Celebrity Experience: Insider Secrets to Delivering Red-Carpet Customer Service and her new book Employees First! We dive into core concepts from her new book Employees First!

Employee 76

Employee Networking Audio Customer 76

www.drowningamerican.com

JUNE 22, 2012

Next → How to Hire for Sweat Equity…. That being said the following is available to the right candidate: • 3-5% equity in the company (based on experience). • $50,000/year salary once we obtain funding (target: January, 2010). Musings on Life and the American Dream. Skip to primary content. Skip to secondary content.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

The Startup Magazine

JANUARY 10, 2023

Hufnagel, who possesses an intrinsically driven personality, leads with passionate optimism that pushes him beyond obstacles—and he looks for employees who share his unbridled enthusiasm. He knows that quality of startup hiring is linked to the tone the founder sets for the company. He seeks zeal in potential hires. “We

Hiring 131

Hiring Founder Sweat Equity Cofounder 131

The Startup Magazine

DECEMBER 17, 2023

Taking better care of your employees is not just a moral imperative; it’s a strategic necessity in today’s competitive business landscape. Employees are the foundation of any organization, and their engagement and well-being have a direct and profound impact on productivity, morale, and the overall success of the company.

Employee 107

Employee Stock Options Programming Equity 107

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

David Teten

SEPTEMBER 23, 2017

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

View from Seed

AUGUST 6, 2015

When someone goes to work for an early startup, the compensation package general includes an annual salary, health insurance, and, instead of fixed-cost performance upside, a percentage of unvested options to purchase equity in the company. It falls on the hiring company to thoroughly explain equity options to their new employees.

Equity 120

Equity Employee Cap Table Stock Options 120

View from Seed

AUGUST 6, 2015

When someone goes to work for an early startup, the compensation package general includes an annual salary, health insurance, and, instead of fixed-cost performance upside, a percentage of unvested options to purchase equity in the company. It falls on the hiring company to thoroughly explain equity options to their new employees.

Equity 120

Equity Employee Cap Table Stock Options 120

YoungUpstarts

FEBRUARY 28, 2018

There’s a myriad of deadlines, employees who don’t understand the scope of the project, and other issues that can lead to failure. For instance, you need to know the amount of hardware, research, and employees are needed in order to complete the project. Hire Quality Not Quantity. Give Your Founding Team Equity.

Software Developers 100

Software Developers Software Development Software Developer 100

www.entrepreneur.com

SEPTEMBER 22, 2011

What is Sweat Equity Worth? Determining how to value sweat equity is key when negotiating with investors and employees. Entrepreneurs often ask me how to value the sweat equity invested in their startup. But over the years, I have come to realize that sweat equity isn't the same thing as market value for your startup.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

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. I’ve heard people say it’s impossible to hire good developers right now. I want to hire before I have the ability to pay anyone.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

www.instigatorblog.com

OCTOBER 23, 2010

Changing Equity Structures for Early Startup Employees Tweet Recently someone asked me for advice on how much equity they should give to their early employees. His company had just closed an early round of funding and he wanted to cement the employee relationships. Those first employees will take 0.5-1%

Equity 41

Equity Employee Startup Vesting 41

ReadWriteStart

SEPTEMBER 8, 2011

Introduced before keynoting at Austin, Texas's Capital Factory Demo Day as "the most-connected person in Silicon Valley," Hoffman gave a really interesting talk about how he handles hiring at his company. Auren Hoffman on hiring people to work in tech startups. If you know what you're doing for the next 3 years, hire position players.

Silicon Valley 130

Silicon Valley Hiring Technical Review Due Diligence 130

Startup Professionals Musings

DECEMBER 23, 2013

Yet, according to many sources , over 90 percent of all businesses are started and grown with no equity financing, and many others would have been better off without it. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Of course, every company needs these, in due time.

Bootstrapping 252

Bootstrapping Sweat Equity Entrepreneur Technical Review 252

Women Entrepreneurs Can

NOVEMBER 27, 2023

Regulatory compliance is an increasingly significant challenge for private equity firms. US federal laws and the rules of self-regulatory organizations impose numerous yearly reporting and compliance obligations on investment advisers, including private equity firms. This blog post reviews some of these compliance-related requirements.

Private Equity 52

Private Equity Equity Due Diligence Securities and Exchange Commission 52

Altgate

JUNE 25, 2012

. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters. million.

Equity 44

Equity Vesting Cap Table Technical Review 44

Up and Running

AUGUST 30, 2021

It can be a small and nimble startup like Origin, or a company with 50 employees and hiring more every quarter. Angel investors, venture capital firms, accelerators, and (maybe) the newer equity crowdfunding will look to see if you have previous experience in startups. The same goes for recruiting employees.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132