Both Sides of the Table

SEPTEMBER 27, 2012

I’ve had this conversation with several communities such as in San Diego where I believe there are way more qualified and talented engineers than available local capital to support them. And they have a vested interest in this success. Ability To Attract a Pool of Engineers – We know that SF is Mecca for software engineers.

Community 378

Community San Diego Silicon Valley Los Angeles 378

NZ Entrepreneur

MAY 27, 2019

It’s a common issue – you have an idea that will require some technical know-how (eg coding, engineering, science) but don’t have those skills yourself. So why should a well paid developer, engineer or maker give it up and come and work on your startup?

Technical Cofounder 64

Technical Cofounder Cofounder Technical Review Software Review 64

SoCal CTO

MARCH 1, 2007

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

Startup Professionals Musings

SEPTEMBER 25, 2019

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 237

Equity Stock Options Advisory Board Stock 237

Feld Thoughts

OCTOBER 4, 2013

During my senior year, I took “Startup Essentials for Software Engineering” (taught by Zach Nies of Rally Software) and I can confidently say it was the best class I ever took at CU. We learned how to take an idea and turn it into a company the right way using the Lean Startup process.

Startup 130

Startup Vesting Cofounder Lean 130

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 25, 2016

But I’ve seen little startups, mid-sized companies like WP Engine, and large companies struggle with complexity in decisions even in conditions of relative certainty. Examples: how a market will evolve, what competitors are investing in, whether new marketing campaigns will be successful, or how an important new hire will perform.

Differentiation 120

Differentiation Framework Restful Software Review 120

David Teten

OCTOBER 1, 2015

Strong support from serial founders, engineers, and other specialized resources that are particularly relevant to the earliest days of a company can overcome that hurdle and (in theory at least) yield companies that otherwise wouldn’t be built. HappyFunCorp employs 80 engineers and product architects. 5% vest at clickable prototype.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

thinkspace.com

SEPTEMBER 7, 2012

Lead Engineer 0.5 - 1. 5+ years Experience Engineer 0.33 - 0.66. Manager or Junior Engineer 0.2 - 0.33. How long should people vest – four years? Investors routinely subject founder shares to vesting, but there is no rule that says that founders cannot, or should not, impose vesting on themselves.

Equity 62

Equity Employee Founder CTO Hire 62

The Next Web

AUGUST 14, 2013

Always have a vesting schedule. Being good at engineering has nothing to do with being good at product management. (You can choose not to be profitable, but it must be your choice, not something forced on you by the market). Split the stock between the founding team evenly. Make it clear from day one. Your authority as CEO is earned.

Startup 161

Startup Ruby Technical Review Vesting 161

Steve Blank

MAY 19, 2015

When we did, I asked him about his head of HR, and heard all about what great medical and insurance benefits, stock vesting, automated expense account forms, movie night, company picnics, etc., Since Tom was an engineer I explained the “Organizational Debt” metaphor. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Hearpreneur

NOVEMBER 19, 2021

At 24 I was putting myself through college and running the creative services department at an energy systems engineering firm in Seattle when the company was purchased by a French firm. Thanks to Susan Smith, Velden Engineering ! #5- . #1- Get in control and break the norm. Photo Credit: Andrea Heuston. 5- Pursue a mission.

Entrepreneur 142

Entrepreneur Software Review LLC Web Development 142

The Startup Magazine

FEBRUARY 20, 2023

It involves creating 3D models that can be shared among project stakeholders, including architects, engineers, and builders. One technology that is gaining popularity is wearable technology, such as smart helmets and vests, which can track workers’ movements and vital signs and alert supervisors to potential safety hazards.

Green 127

Green Demand Vesting Differentiation 127

www.avc.com

SEPTEMBER 22, 2011

The second bracket is Director level managers and key people (engineering and design superstars for sure). The third bracket are employees who are in the key functions like engineering, product, marketing, etc. Startups should be able to dramatically increase the value of their equity over the four years a stock grant vests.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

Hunter Walker

OCTOBER 22, 2021

This is true of every discipline whether it be product, engineering, sales and so on. 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

Startup Professionals Musings

OCTOBER 21, 2017

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock 140

Stock Stock Options Advisory Board Startup 140

Up and Running

JULY 11, 2017

They staffed the team with several veteran engineers and augmented it with talented new hires that had expertise in areas outside of Stryker medical’s core competencies including aptitudes useful in developing key new technologies for advanced patient surfaces and mattresses. The fatal flaw was in their technical assumptions.

Technical Review 80

Technical Review Development Team Review Differentiation Leadership 80

techcrunch.com

JUNE 22, 2012

For example: If an advisor meets with the founding team monthly, is involved in recruiting talent for the business, and takes a few customer calls, then that advisor would be entitled to 1 percent of the company in the form of restricted stock or options, vesting over a two-year time frame. Follow @TechCrunch. 2011 Holiday. Gift Guide.

Equity 94

Equity San Francisco Startup Silicon Valley 94

Startup Professionals Musings

OCTOBER 17, 2013

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 224

Stock Options Stock Advisory Board Startup 224

Hunter Walker

JUNE 7, 2022

For example, I was sort of a non-engineer jack of all trades when I worked at Linden Lab (makers of virtual world, err metaverse, Second Life). The ‘average’ startup offers a 90 day period post employment where you have to exercise any vested stock options before forfeiting them back to the company.

Stock Options 94

Stock Options Vesting Stock Valuation 94

The Next Web

AUGUST 26, 2013

But never give away shares without vesting. When I started hiring my first engineers, designers and marketers, I was mainly focused on passion, energy and most importantly potential. Your technical co-founder who built much of your first product is not likely to be your VP Engineering when you have a couple hundred engineers.

Management 120

Management Cofounder Startup Bootstrapping 120

Hunter Walker

JUNE 25, 2021

Ken’s argument is that most tech companies treat product management careers in a very different way than they do engineering and design. So, in my experience, the senior product managers who had also opted out of the standard VP promotion track, were also the truth tellers, the culture carriers and the inglorious but complex work-doers.

Management 98

Management Product Vesting IPO 98

ConversionXL

FEBRUARY 2, 2016

The individual who had executed the test had a vested interested in making sure that ‘A’ was the winner. When you hear a phrase like that, you know the person has a vested interest in making sure that the test shows a certain answer. See, this person’s incentive structure was based on A winning. Visualize Results.

Vesting 48

Vesting Analytics Conversion Revenue 48

Startup Professionals Musings

SEPTEMBER 22, 2012

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 230

Stock Options Stock Advisory Board Startup 230

Both Sides of the Table

MAY 13, 2013

Chief Vesting Officers)? Many buying companies price these deals on the basis of $1 million per engineer on the team for an early-stage deal. Usually the location of the engineers matters great so having offshore engineering makes acquihires unlikely. The Aqui-hire Business. Go do a startup. Woo the press.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

Steve Blank

OCTOBER 28, 2010

The company headcount was mostly engineers accomplishing the impossible on a regular basis while a few of us were outside the building trying to do what we would call today Customer Discovery and Validation. First, I thought that not pumping up engineering every week would demotivate the team. Engineering was much smarter.

Business Model 239

Business Model Customer Development Engineer Vesting 239

www.informationarbitrage.com

FEBRUARY 24, 2010

They might give them too much stock, and even have that stock not subject to vesting provisions. And if this business partnership doesn't work out, the CTO / Founder, the engine of value for the company, is stuck in a bad, bad place. They might give them too much stock, and even have that stock not subject to vesting provisions.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Startup Professionals Musings

JULY 24, 2011

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 234

Equity Advisory Board Stock Options Stock 234

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. To make round numbers let's say you have 100,000 share outstanding and you give your lead engineer 1000. link] VC part 3: Engineers deserve more equity — Some French Guy [.] 1% is just not a lot.

Equity 41

Equity Employee Startup Vesting 41

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. I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. 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

MARCH 29, 2015

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 120

Stock Options Stock Advisory Board Startup 120

www.metamorphblog.com

OCTOBER 23, 2010

You need a Co-Founder, not an Engineering Bitch. Lots of business-y, idea-type people who say they’re looking for a co-founder are, in reality, looking for what is best described as an “engineering bitch.&# Experienced, talented software engineers have lots of options in life, and most of them involve getting paid.

Founder 51

Founder Startup Cofounder Vesting 51

www.seriesseed.com

DECEMBER 9, 2012

There are some Vesting terms for founders in the term sheet but I can't find them in the others documents too. it is one of pdf search engines (for example [link]. This is typically done in a founder stock purchase agreement which contains vesting. A template for promissory notes would be nice to have as well. Great effort!

Finance 40

Finance Term Sheet Vesting LLC 40

Duct Tape Marketing

JANUARY 2, 2018

As a manufacturing engineer, Bianco takes design specifications, puts them into work instructions and then works to ensure that satellite hardware is built correctly. They have a vested interest in how well the company does,” he observes. Bianco, 25, has been working on building solar arrays to power satellites. Open to Change.

United States 29

United States Baltimore Engineer Software 29

techcrunch.com

SEPTEMBER 6, 2012

Startups are guided through the closing by inputting information such as investors, the amount invested, how much is being raised in total, vesting schedules and more. Docs aims to eliminate some of the complexity of the actual raise by allowing users to enter information in fields, and produce a term sheet. Gift Guide. Crunchboard.

Term Sheet 70

Term Sheet San Francisco Technical Review Seed Stage 70

www.paulgraham.com

APRIL 28, 2010

Another difference with large investments is that the founders areusually required to accept "vesting"—to surrender their stock andearn it back over the next 4-5 years. vesting would in that situation force founders to toe the line. Some investors might expect the founders to accept vesting for asum this size, and others wouldnt.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Start Up Blog

APRIL 27, 2020

Being concerned, I decided to perform some searches about the issue, ironically on the same companies search engine. Our national broadcaster is something our government owns and controls and we all have a vested interest in maintaining. All of which yielded trouble shooting links from the same corporate giant.

Australia 88

Australia Vesting Cloud Government 88

Reid Hoffman

DECEMBER 10, 2020

One one level, the design mindset is similar to the engineering mindset, in that it seeks to frame and understand a problem, and then solve that problem. One of the central lessons I learned from the Airbnb founders, which I now try to convey to other entrepreneurs I work with, is the power of the design mindset.

Hosting 69

Hosting Hockey Stick IPO Silicon Valley 69