ConversionXL

NOVEMBER 6, 2019

Socio is an event-management platform that helps companies launch custom apps for their events. Sakucoglu says he got Socio’s first 10 customers by cold emailing event planners he found on LinkedIn. Vested Technology spent $17k on their MVP. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Feld Thoughts

SEPTEMBER 2, 2011

The founders each have common shares that will vest over four years. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

thinkspace.com

SEPTEMBER 7, 2012

Event Calendar. 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 Employees. Marketing Intern.

Equity 62

Equity Employee Founder CTO Hire 62

SoCal CTO

NOVEMBER 1, 2010

And let’s be honest, most employees, advisors, etc. Go to tech (or other relevant industry) events. In a few cases it’s where I’m a co-founder of the business. For me to do either of these, I certainly need to really believe in the idea and it has to be something that won’t consume all of my time. It can be done, but it’s hard.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

ConversionXL

NOVEMBER 6, 2019

Socio is an event-management platform that helps companies launch custom apps for their events. Sakucoglu says he got Socio’s first 10 customers by cold emailing event planners he found on LinkedIn. Vested Technology spent $17k on their MVP. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

Startup Lessons Learned

MARCH 3, 2009

Lessons Learned by Eric Ries Tuesday, March 3, 2009 Employees should be masters of their own time Every startup should have a culture of learning. The rule is simple: every employee is 100% responsible for how they spend their time. The suggestion is that you implement one single company-wide rule. I asked why.

Employee 146

Employee San Francisco Lean Software Review 146

Both Sides of the Table

FEBRUARY 20, 2019

If angel investors are pressuring you to set up a board and if you don’t have the leverage to push back a little then I might suggest a 3-person board in which all 3 seats are appointed by the common stock and you agree to appoint one of these seats to the angel investor but perhaps make it either time based or event based.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

Startup Professionals Musings

MAY 8, 2022

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. The right motivated employees dilemma. If you take investor money, expect a push for hockey-stick growth and a liquidity event, like going public (IPO) or sale (M&A), to get the payback. The control and growth dilemma.

Founder 325

Founder Hockey Stick Cofounder Liquidity Event 325

Both Sides of the Table

JUNE 18, 2015

There are so many events to attend that one could become a full time conference attendee and you could easily feel like you’re missing out with each event that happens without you and of course there is Twitter and Instagram and Snapchat to remind you just how fun it was for everybody else. For investors life is no different.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

Berkonomics

NOVEMBER 23, 2023

It should contain a mandatory sale clause in the event of separation of a founder, so that a major owner who is passive in the enterprise cannot easily vote against measures other active founders endorse. It is important to note that each grant to new or existing employees must be approved by the board before issue.

Equity 62

Equity Stock Options Vesting Early Stage 62

The Next Web

NOVEMBER 20, 2013

In this case, I would take your total ownership and divide it up by employee tiers. Understand that not all of this will be granted day one, with everyone having higher stakes in the short run, but you will have an equity cushion to play with as the employee base scales. Is this person taking a salary or not?

Cofounder 136

Cofounder Equity Founder Seed Stage 136

ithacaVC

NOVEMBER 1, 2011

I am a big fan of change of control option vesting acceleration, particularly for the executive team. Normally employee options vest over 4 years, with 25% vesting after year 1 and then the balance pro rata (monthly or quarterly) over the remaining 3 years. Going public does NOT equal a change of control.

Vesting 60

Vesting Pre-Money Valuation Liquidation Preference Stock Options 60

Both Sides of the Table

MAY 5, 2011

Every community needs their “ambassadors&# who build relationships with leaders from other communities, who convince these people to come visit the community, who help organize events with local teams to get the cross-city interactions and who create awareness for the local talent. or the countless other successful startup firms.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Berkonomics

MARCH 8, 2018

Give one percent equity to each outside board member vesting over four years of service. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service. Here is my best advice, based upon many boards and many years.

Early Stage 102

Early Stage Vesting Stock Options Preferred Stock 102

Startup Professionals Musings

AUGUST 10, 2019

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. The right motivated employees dilemma. If you take investor money, expect a push for hockey-stick growth and a liquidity event, like going public (IPO) or sale (M&A), to get the payback. The control and growth dilemma.

Hockey Stick 243

Hockey Stick Cofounder Liquidity Event Startup 243

YoungUpstarts

OCTOBER 18, 2017

They display a vested interest in learning more about their employees and communities. The compassion they show inspires and motivates people to be better employees, team members and global citizens. Compassion. Great leaders set aside their egos and listen with sincerity and humility.

Vesting 213

Vesting Agile Leadership Employee 213

Duct Tape Marketing

OCTOBER 8, 2023

Apart from savings in salary expenses, businesses also reduce costs associated with benefits and other employee perks that are usually provided to permanent hires. Remember, places like marketing events or digital platforms such as LinkedIn can be excellent hubs for building connections. But don’t forget about digital platforms.

Technical Review 74

Technical Review Retention Networking Leadership 74

www.mattbartus.com

SEPTEMBER 24, 2011

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.” People tend to underestimate how much record keeping is involved with managing employees and consultants, and this just adds an unacceptable extra burden. link] Casey Allen. Matt: Fantastic posts.

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

Gust

DECEMBER 1, 2011

Notice what is missing from this list of priorities: The company itself – that is, a business entity, most often a corporation , that will own the entire business (however defined), issue equity to founders, take investment capital , enter into contracts, make sales, pay employees and contractors, and so forth.

IP 114

IP Intellectual Property Equity Liquidity Event 114

Both Sides of the Table

MARCH 10, 2013

He had vested 18 months or so. I proposed that the CEO sit down with the CTO and walk him through the legal obligation of the company, which is zero notice, paying for all days worked and all accrued vacation time, and allowing vesting through that date. The CTO had at-will employment with no notice period. My response was NFW.

Vesting 344

Vesting Cofounder Salary Sales 344

Berkonomics

SEPTEMBER 13, 2010

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. The number of employees grows. These events, one or all, usually are triggers for the founders to seek to create a board for oversight and guidance.

Covenant 59

Covenant Software Review Stock Options Vesting 59

David Teten

MARCH 12, 2012

Our portfolio company BetterWorks cites a report by The World Economic Forum: “Employees are eight times more likely to be engaged when wellness is a priority in the workplace.” A pedometer is a great motivator and if all your employees are wearing them it sets up healthy competition.” mixed nuts, unsalted.

Product 166

Product Portfolio Venture Capital Vesting 166

Mike Michalowicz

DECEMBER 6, 2020

Aside from my sweet vest collection, here are a few suggestions I have come across over the years that help me separate myself from the pack: Be confident – From the way to speak to the clothes you wear, people will trust your offering if you are confident in presenting it. Remember – Profit is not an event.

Vesting 146

Vesting Internet Small Business Employee 146

Hunter Walker

OCTOBER 22, 2021

Show me the first 20 employees of a startup and I’ll tell you whether it’s going to be successful or not. Start their salary/vesting on the first day of the vacation and then let them be off for two weeks (this is worth it in extreme cases where you are really worried about the gap between them accepting and starting).

Hiring 147

Hiring Vesting Salary Naming 147

www.inc.com

SEPTEMBER 24, 2011

Employee Benefits. 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 a 50-employee provider of e-marketing solutions to small and midsize businesses, based in Needham, Mass. "We Email address: Home.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Berkonomics

SEPTEMBER 28, 2017

It should contain a mandatory sale clause in the event of separation of a founder, so that a major owner who is passive in the enterprise cannot easily vote against measures other active founders endorse. Each grant to new or existing employees must be approved by the board before issue. How about the price per share?

Early Stage 102

Early Stage Equity Stock Options Vesting 102

www.payne.org

SEPTEMBER 22, 2011

Startup Equity For Employees. 4 Vesting. NOTE: If youre an attorney or tax accountant with experience helping startup employees with stock and option issues, drop me a note. The preferred stock held by investors has (as the name implies) more rights and privileges than the common stock issued to employees. 3 Dilution.

Equity 56

Equity Employee Vesting Preferred Stock 56

Hearpreneur

NOVEMBER 19, 2021

Increased productivity means increased profits allowing manufacturers to pay higher wages and attract the best employees. While patterned after compression vests (which can only be worn for 20 minutes before losing its effectiveness), Jettproof's line of singlets, shorts, shirts, blankets, and many others can be worn or used the whole day.

Entrepreneur 143

Entrepreneur Software Review LLC Web Development 143

www.seriesseed.com

DECEMBER 9, 2012

It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. I was unable to see any reference to trigger events in other documents or is this just a "commonly understood" term? They are word docs so the.doc extension should work.

Finance 40

Finance Term Sheet Vesting LLC 40

Startup Professionals Musings

DECEMBER 14, 2014

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. The right motivated employees dilemma. If you take investor money, expect a push for hockey-stick growth and a liquidity event, like going public (IPO) or sale (M&A), to get the payback. The control and growth dilemma.

Hockey Stick 268

Hockey Stick Cofounder Entrepreneur Liquidity Event 268

Up and Running

SEPTEMBER 20, 2021

It permits you to perfectly present the history of your company and holdings in the event of an audit. A convertible note is like a loan, but this amount can be converted into company equity later on, usually during a liquidation event, like the acquisition of the company. Outline your plans for future employee stock option pools.

Cap Table 112

Cap Table Pre-Money Valuation Stock Options Option Pool 112

Startup Professionals Musings

AUGUST 19, 2017

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. The right motivated employees dilemma. If you take investor money, expect a push for hockey-stick growth and a liquidity event, like going public (IPO) or sale (M&A), to get the payback. The control and growth dilemma.

Hockey Stick 144

Hockey Stick Cofounder Entrepreneur Liquidity Event 144

Hunter Walker

JANUARY 10, 2018

It’s why we counsel founders to understand the situation of a potential employee when designing a compensation package (in ways that remain legal and appropriate). Don’t assume everyone can just eat ramen and sleep on vesting options. And you lose out on great talent if you can’t at least have these conversations.

Silicon Valley 195

Silicon Valley San Francisco Vesting .Net 195

Startup Professionals Musings

JULY 19, 2013

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. The right motivated employees dilemma. If you take investor money, expect a push for hockey-stick growth and a liquidity event, like going public (IPO) or sale (M&A), to get the payback. The control and growth dilemma.

Founder 245

Founder Hockey Stick Cofounder Liquidity Event 245

Gust

NOVEMBER 4, 2011

This discussion expands on my Quora answer to a specific question: “ Why were the stock options of MySpace employees worthless even though the company was sold to News Corporation for hundreds of millions? ” The complete story includes a startup-within-a-startup, investments and exits by two VC firms, and some genuine corporate drama.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Austin Startup

AUGUST 20, 2017

Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services. 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. Keep the valuations consistent with company progress.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Start Up Blog

APRIL 28, 2011

The magic of the ‘live’ event is being re-born. The free on line is the digital sampling of the event with the real connection…. We are more interested in a niche fringe community than a mass event. Live, Intimate, Visceral, Exclusive (or Event). We aspire to not having to check our emails or update our ‘status’.

Moldova 91

Moldova Internet Australia Libya 91