YoungUpstarts

SEPTEMBER 27, 2015

Succeeding in finance is probably one of the most “slam dunk” ways to wealth in any country, and Singapore even more so. Electrical Engineering. Although less known than finance and real estate, one of Singapore’s largest industries has been its electronics industry. Wealth tends to come from a few concentrated areas: 1.

Singapore 100

Singapore South Korea Technical Review Finance 100

David Teten

JANUARY 19, 2021

Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Similarly, when Flexible VC structures are based off of the founder’s own compensation (often via salary or dividends), investors are specifically tying their returns to the financial success of the founder.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

NOVEMBER 14, 2017

what your product & engineering thought they cared about and you adapt your offering. Whereas New York City has very high real estate costs and very high salaries, launching in Chicago and D.C. During the Systematize phase you learn how to take true customer input into account, you learn what customers actually care about (vs.

Operations 286

Operations New York City Technical Review Startup 286

Steve Blank

APRIL 14, 2013

Though they’re familiar with technology in the valley, I picked up some important cultural difference from students and startup engineers I talked to. I heard from a few investors that as the startup ecosystem is relatively new, there’s a battle for experienced engineering talent and lack of experienced C-level execs.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

The Next Web

DECEMBER 2, 2013

Luck, timing and social engineering are bigger components than most entrepreneurs care to imagine,” adds Werdelin. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! You need experienced game designers and engineers who can develop cross platform. 3) Facebook. 4) WhatsApp.

Cost 168

Cost San Francisco New York City Ruby 168

YoungUpstarts

MARCH 4, 2014

If a software engineer, we will call him “Neo”, is needed on a project, then IT is asked if Neo can be assigned to the project. However, our friends in finance will be happy to explain that Neo’s cost to the business is anything but free. Not just his salary, but benefits, vacation, etc.

Management 150

Management Software Engineering Green Engineer 150

The Startup Magazine

MAY 24, 2022

Say you need more engineers for your firm. Then, a hiring company known for having a good roster of engineering candidates will be able to address your requirement. If you have a budget of $10,000 for a candidate’s salary and you lowball them with a $7,000 offer to save the company money, you’re doing things the wrong way.

Salary 126

Salary Hiring Engineer Sales 126

Steve Blank

APRIL 14, 2013

Though they’re familiar with technology in the valley, I picked up some important cultural difference from students and startup engineers I talked to. I heard from a few investors that as the startup ecosystem is relatively new, there’s a battle for experienced engineering talent and lack of experienced C-level execs.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Both Sides of the Table

MAY 2, 2015

A great finance leader is on top of your numbers with such precision that you don’t have to worry about it. But a great finance leader isn’t just budgeting but he or she is an consummate planning and they won’t take s**t from you about why you need to avoid hiring more staff until you close new contracts or raise money.

Operations 150

Operations Metrics Early Stage Non-Compete 150

Both Sides of the Table

JULY 13, 2013

I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. They paid engineers $4,000 more entry-point.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

Hearpreneur

JANUARY 8, 2018

I knew I was following the steps of a “normal” life: go to school, find a relevant job, get paid a decent salary, form a family, have a child, etc. This quote resonates with me the most because I come from engineering background, and I have zero knowledge in business or finance whatsoever to help me run my business.

Los Angeles 79

Los Angeles Engineer Asia Naming 79

Both Sides of the Table

MAY 19, 2013

For the entire first year after I funded the company he refused to take a salary and I had to admonish him to make sure he paid his expenses. We knew we had a valuable product that an acquiring company would gain greatly from and a world-class engineering and product team that would be valued by a buyer. ” So true.

Technical Review 303

Technical Review Cofounder Analytics Founder 303

ReadWriteStart

MAY 3, 2012

He was just 26 and a rising venture capitalist with a bright future and a big salary. Reverse Engineering. He wasn’t completely starting over; General Catalyst provided a large piece of the new company’s seed financing. Gautam Gupta had it all. Then he threw it all away to launch a startup. Why did Gupta go the other way?

Engineer 115

Engineer Silicon Valley Entrepreneur Venture Capital 115

This is going to be BIG.

JANUARY 2, 2011

Plus, my fear is that there are barriers in those areas that may be difficult to scale—namely salary and lifestyle. If you’ve already got someone that optimized for making the most annual salary, joining a startup might be a difficult sell. So where to start? If you’re interested in helping out, or have ideas around this, let me know.

Developer 117

Developer New York City Java Ruby 117

The Startup Magazine

DECEMBER 11, 2017

The Ministry of Manpower also offers a list of information such as salaries, contracts, skill training, hours, holidays, leaves-of-absence and more. eFinancialCareers offers available positions in the largest market of finance in Singapore. Monster provides listings across all the markets in Singapore. Network With People.

Singapore 60

Singapore Technical Review Search Matching 60

crowdSPRING Blog

JUNE 25, 2018

What is the average salary of an entrepreneur? If you’re looking to create an app for the financial tech world, having education in finance and technology is pretty important. IT/Software Engineering/UX or UI Design. What is the average annual salary of an entrepreneur? What is the job outlook for an entrepreneur?

Entrepreneur 83

Entrepreneur Chicago Cofounder United States 83

A Smart Bear: Startups and Marketing for Geeks

DECEMBER 21, 2009

For example, I'm an engineer, so my first answer to "Why don't you have more customers?" If you honestly can't imagine that there's anything a full-time person could do that would generate enough revenue to cover their salary, that's not a bad thing. Need to have your arms around company finances but hate bookkeeping?

Startup 315

Startup Revenue Cofounder Sales 315

keen.io

FEBRUARY 5, 2013

Engineer, arranger, communicator, amateur photographer. And if the CEO says, “Salaries will be adjusted to market value soon,” that’s probably a best-case scenario. To begin answering this question, I started on a quest to understand startup financing. And they gave me a choice whether I’d want more stock or a higher salary.”

Salary 50

Salary Equity Startup San Francisco 50

bizthoughts.mikelee.org

MARCH 8, 2012

BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technical cofounder.

Technical Cofounder 40

Technical Cofounder Cofounder Technical Review Software Review 40

Hearpreneur

APRIL 12, 2019

Before becoming a business owner I used to be a manager at the Boeing company and managed a team of engineers working on the 787 Dreamliner. No matter how well my team did I knew that at the end of the year I would earn a predetermined salary with a small bonus that was based on the company stock performance. You wear all the hats.

Entrepreneur 128

Entrepreneur St. Louis Florida Colorado 128

www.huffingtonpost.com

MAY 10, 2011

However, we needed a head of engineering to recruit and lead a larger team to accomplish our larger goals. I felt that I had to re-educate myself on the engineering talent landscape given how fast it is evolving, and had a deep curiosity regarding what the best engineering leaders of right now looked like.

CTO 43

CTO CTO Hire PHP Cofounder 43

YoungUpstarts

DECEMBER 3, 2019

Step 3: Consider your financing options. You will also need to hire a business premises, pay employee salaries, and fund advertising campaigns. You could also use your personal savings to finance your construction company. Obtain mandatory licenses and permits. Starting a construction company is not cheap.

Limited Liability Company 147

Limited Liability Company LLC Hiring Software 147

The Startup Magazine

JULY 21, 2019

Darren Law, Mortgage Advisor at Derby-based Create Finance , has encountered situations where startup businesses were brought to their knees when a key player had to take time out. The other business partner was the engineering expert who knew how to refurbish the cranes. Business insurance is often not considered.

Startup 103

Startup Dividend Early Stage Germany 103

www.avc.com

SEPTEMBER 22, 2011

This "best value" can be the valuation on the last round of financing. Whatever approach you use, it should be the value of your company that you would sell or finance your business at right now. The second bracket is Director level managers and key people (engineering and design superstars for sure).

Equity 64

Equity Employee CTO Hire Fractional CTO 64

crowdSPRING Blog

JUNE 25, 2018

What is the average salary of an entrepreneur? If you’re looking to create an app for the financial tech world, having education in finance and technology is pretty important. IT/Software Engineering/UX or UI Design. What is the average annual salary of an entrepreneur? What is the job outlook for an entrepreneur?

Entrepreneur 48

Entrepreneur Chicago Cofounder United States 48

rob.by

MARCH 8, 2012

He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. He picked engineers who were technically-driven but not entrepreneurially-driven. He picked engineers who weren’t comfortable taking risks as great as he wanted to take.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

Steve Blank

FEBRUARY 1, 2010

We had also just closed our Series B financing with a major overseas partner. The financing felt like a real validation of our strategy. Everyone at our startup was working on startup starvation salaries, and Bob had taken a large pay cut to join us. Our little startup was less than a year-old. My Wife Thinks I Deserve a Bonus.

Japan 225

Japan Asia Silicon Valley Salary 225

YoungUpstarts

SEPTEMBER 25, 2020

He’s finished a long day at his current job in finance and M&A, but he is eager to tap away on his phone, consuming Python courses. If an engineer, do they pair with another senior engineer so that the more senior engineer can monitor progress and catch and correct any potential errors/mistakes early and often?

San Jose 149

San Jose San Francisco Silicon Valley Employee 149

Up and Running

DECEMBER 8, 2015

But even that is a stretch for a lot of businesses, especially in light of 2016 salary predictions for mid range general counsel being between $111,500 and $217,750. My classmates had backgrounds that varied from horse trainers and hospitality workers, to mechanical engineers and medical doctors.

Non-Compete 60

Non-Compete Database Hiring Employee 60

The Next Web

OCTOBER 7, 2013

“It kinda sucks to be engineer #1.”. That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. They were referring to non-founder engineers, most commonly the first hire for technology businesses. Engineer #1?

Engineer 129

Engineer Dilution Option Pool Vesting 129

This is going to be BIG.

FEBRUARY 27, 2011

Despite advances in cloud infrastructure, many businesses still have fleshy parts—soft underbellies where a human hand is required to keep quality control, stuff something into a box, order inventory, hire enough engineers to keep the site going or manage cash. Scale brings complexity. Healthcare? Yeah, maybe we should look into that.

Dilution 104

Dilution Equity Hiring Partner 104

ReadWriteStart

JUNE 29, 2020

People are trapped at home, they are not getting a salary, and they are afraid to touch another person because no one knows who is and isn’t infected with the virus. Your data will be ordered and structured into information based on specific niches like engineering and construction, finance, technology, and business.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

The Startup Magazine

OCTOBER 27, 2019

This will include every source of income that you have in your life, not just your salary. Try to stay on the conservative side and undervalue the increase in your salary by at least 10%. Step Six: Reverse-Engineer the Expected Retirement Based on the Average Interest Rates.

Salary 61

Salary Engineer Restful Marketing 61

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. Messy cap tables can come back to haunt you when you do a financing or sell the company. One of my engineers once told me my favorite color was plaid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Professionals Musings

NOVEMBER 26, 2012

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money. NewCo doesn’t have any of these yet.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

www.instigatorblog.com

OCTOBER 23, 2010

This is especially true when you think of a tech startup, where the first few hires are typically engineers/programmers. I do believe that early employees should trade salary for equity. And if the equity values increase, it provides more reasonable wiggle room between salary and equity. 1% is just not a lot. Not a bad payday.

Equity 41

Equity Employee Startup Vesting 41

Up and Running

JULY 23, 2018

Since the company was bootstrapped, they spent frugally, lived without any salary for months, and worked hard to make it a success. Think of finance as the fuel of a car. Break-even points are important —that’s when most business owners start picking a salary or the company starts seeing positive cash flow.

Salary 72

Salary San Francisco India Bootstrapping 72