The Equity Kicker

OCTOBER 8, 2014

We couldn’t use them as is because they don’t have enough detail on key items, like investor protections and founder vesting. I’ve found myself explaining that to entrepreneurs a lot recently (including today) and so I thought I would write it down here so that next time I can simply send a link to this post.

Founder Vesting 92

Founder Vesting Vesting Option Pool Institutional Investors 92

The Equity Kicker

OCTOBER 8, 2014

We couldn’t use them as is because they don’t have enough detail on key items, like investor protections and founder vesting. I’ve found myself explaining that to entrepreneurs a lot recently (including today) and so I thought I would write it down here so that next time I can simply send a link to this post.

Founder Vesting 68

Founder Vesting Vesting Option Pool Institutional Investors 68

Steve Blank

JULY 19, 2010

As a board member I negotiated with founding CEO’s over vesting when I thought it was their time to go. I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. If the founding CEO gets the company to a repeatable business model they deserve to vest all their stock if they are removed.

Vesting 251

Vesting Liquidity Event Venture Capital Founder Vesting 251

Both Sides of the Table

AUGUST 17, 2009

If you’ve read any of my blog posts before you’ll probably recognize that I’m from this school of thought where founders & investors need to be more aligned and I’ve been very cynical of historic VC practices. 2006 was the last time I went out to raise venture capital. I totally agree.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252