Startup Professionals Musings

OCTOBER 30, 2017

The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control. The basic categories include equity, straight debt, convertible debt, services, and agreements for future equity. Document the investment types you are willing to consider.

Technical Review 220

Technical Review Accredited Investor Due Diligence Equity 220

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. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

OCTOBER 5, 2014

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. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Austin Startup

OCTOBER 11, 2021

The round brings Honor’s total equity funding to date to $325 million and values the company at over $1.25 We are aggressively recruiting product hires, from designers to developers who want to solve real-world problems and build with purpose to solve a massive societal need. Honor Technology, Inc. ,

Technical Review 62

Technical Review Engineer Finance Technology 62

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Use flexibility to match your lifestyle. Personal income is related to operations versus equity.

Small Business 311

Small Business Small Business Administration Equity SBA 311

Startup Professionals Musings

SEPTEMBER 14, 2016

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. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

SoCal CTO

DECEMBER 14, 2009

First, early in the post, Mark mentions: The idea behind the meetup is to connect technology startups with prospective hires who may be interested to work for “alternative compensation”–e.g., reduced salary, partial equity, good experience, etc. I’ll give you equity in the company.” Likely a lot of time and effort.

Software Developers 150

Software Developers Software Development Software Developer 150

genylabs.typepad.com

SEPTEMBER 24, 2011

Working for Equity Instead of Cash. has an article on service firms waiving their fees and instead taking equity in their clients. Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. Not all start-up stock is created equally.

Equity 40

Equity Technical Review San Jose Stock 40

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 21, 2011

It’s among the most-asked questions on startup forums, and an issue we’re dealing with right now at WPEngine as we bring on new employees: How do you decide how much equity (shares) to give a new employee or partner? The question is further complicated when the new hire is getting a salary. What about $Y/mo?&#

Equity 276

Equity Salary Hiring Institutional Investors 276

Ben's Blog

MAY 18, 2012

Conventional wisdom among smart technology entrepreneurs says not to hire people with Masters in Business Administration (MBAs) into startups. My friend Peter Thiel once warned a young entrepreneur: “Never ever hire an MBA; they will ruin your company.” In any case, the episode did not make me want to hire more MBAs.

Hiring 78

Hiring Silicon Valley Engineer Demand 78

Up and Running

OCTOBER 19, 2021

As a startup looking to hire your dream team, this news can be exciting. Indeed, it’ll take more than charisma, networking, and business savvy to win over top talent — you’ll need a budget to match, too. After all, the fate of your company largely depends on your ability to assemble the best possible talent.

Startup 127

Startup Salary Stock Options Employee 127

Startup Professionals Musings

AUGUST 13, 2016

You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. The new investors you need at this stage are investment bankers, private equity, or competitors, to buy you out via merger or acquisition (M&A), or to go public with an Initial Public Offering (IPO).

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Steve Blank

MARCH 31, 2014

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. And to keep executing large organizations hire employees with a range of skills and competencies.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

OnlyOnce

OCTOBER 26, 2023

It’s that we approach the whole topic differently and with a more flexible mindset that matches the dynamic needs of our startup and growth stage clients. It’s not just that we do full-time searches better, faster, and cheaper than traditional search firms.

Search 71

Search Equity Matching Leadership 71

YoungUpstarts

JULY 20, 2016

To bridge the divide between the need for capital and the difficulty in obtaining it, online lenders have entered the scene and their services allow entrepreneurs to gather the capital they need to purchase inventory, start marketing campaigns, hire new staff, pay for startup attorneys and deal with other miscellaneous startup costs.

Startup 100

Startup Technical Review Small Business Administration Revenue 100

David Teten

MAY 1, 2013

The name needs to match the business. Keyword rich domain names get a considerable boost in search rankings; an exact match is even better. Just purchasing an Exact Match Domain name is not enough.”. First, any branding and SEO equity you built up under the old name are jeopardized. Linguistic Characteristics.

Naming 114

Naming Semantic Venture Capital Startup 114

Both Sides of the Table

NOVEMBER 19, 2009

Somebody asks whether you plan to set up 401k’s and do contribution matching. But “he didn’t have the budget to hire a developer until he had raised money!&#. He would have found somebody technical and inspired that individual to work for equity or deferred payment. I think this paralyzes many people.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

Both Sides of the Table

DECEMBER 1, 2009

I advocate treating them like a co-founder in every way except when they join and how much equity they get. But whether it’s Naval’s “power of two&# or my “start things and then hire your co-founder&# approach the reality is that you’ll need to find a partner. Resist the temptation to hire clones of you.

Hiring 289

Hiring Cofounder Dilution Startup 289

David Teten

JANUARY 21, 2021

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? VI: Revenue-based financing: The next step for private equity and early-stage investment. VIII: The Leading Flexible VCs, With Structures Between Equity and Revenue-Based Investing.

Equity 78

Equity Revenue Cofounder Colorado 78

Austin Startup

NOVEMBER 13, 2019

Our imagination is bounded by our experience,” Hector shared, and diversity, equity, and inclusion are critical to being able to imagine things properly. Sara Hall , Data Scientist at Valkyrie Intelligence , witnessed her past employers make significant inclusivity changes— such as hiring bilingual staff to expand their reach.

Technical Review 51

Technical Review Cofounder Dallas LLC 51

Up and Running

AUGUST 29, 2014

Part of a venture feasibility study is to look at what financial resources are already available in personal bank accounts, equity in a home, life insurance, family and friends or from selling assets. Do I need to hire a Certified Public Accountant (CPA) for my small business? Often this is not true.

Small Business 87

Small Business CPA Government North America 87

Board Effect

SEPTEMBER 15, 2021

With these critical issues at the helm, we’re providing an overview of the benefits your organization can receive by taking a positive stance on diversity, equity, and inclusion , how to achieve it, and how to maximize the potential of a diverse nonprofit organization. An excellent place to start is with your hiring and recruitment practices.

Equity 105

Equity Indiana Chicago Leadership 105

Austin Startup

AUGUST 20, 2017

Hiring is a chapter unto itself, but it deserves to lead off any discussion of context. You can conduct group interviews, get your candidate “liquored up” (not a recommendation), and even have a trial period on the job to see if there’s a good match. Compensation decisions obviously affect hiring and retention.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Up and Running

NOVEMBER 26, 2018

The process of looking for money must match the needs of the company. Important : Be careful dealing with anyone or business firm offering to find you startup investment if you hire them to act as front or negotiator for you, or do your business plan, or your pitch presentations and such. Where to look for money.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

OnlyOnce

JULY 9, 2013

Chapter 10: The Hiring Challenge…Unique Challenges for Startups, Recruiting Outstanding Talent, Staying “In-Market”, Recruitment Tools, The Interview: Filtering Potential Candidates, Two Ears One Mouth, Who Should You Interview? Chapter 8: The CEO as Functional Supervisor…Rules for General Managers.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Tim Keane

MARCH 9, 2011

This seems like an easy topic – debt where there is appropriate cash flow, equity when there isn’t.    And, while debt is less costly than equity, it can bankrupt a company more quickly than more expensive equity might. This is an equity example, of course.  This is also now an equity situation. 

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

FEBRUARY 1, 2016

Tax status can be assigned separately to match your preferences. Until you have a business, you shouldn’t get a web domain name or social media accounts, since these all should match and are hard to change later. Co-founder and equity negotiations work best if you own all the equity.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120

This is going to be BIG.

FEBRUARY 2, 2012

You just don't wind up with $25 million to name a dorm unless you've gotten equity upside in something. If you're not matching the students that want to create an online business with computer science students or kids from your design school, you're wasting their time. Teach students how to fish in their careers.

Incubator 118

Incubator .Net Cofounder Software Developers 118

Steve Blank

MARCH 17, 2020

If it’s just three-months, (looking more unlikely by the day) then an immediate freeze on variable spending (hires, marketing, travel, etc.) This time around, the health of the venture business may depend on what hedge funds, investment banks, private equity firms, sovereign wealth funds, and large secondary market groups do.

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

www.payne.org

SEPTEMBER 22, 2011

Startup Equity For Employees. 7 Salary vs Equity. The re-heating of the venture funded tech market has pushed a heat up of the hiring market, and Im getting more calls from friends asking for help understanding startup stock (equity) offers. Salary vs Equity. From Payne.org Wiki. 3 Dilution. 4 Vesting. References.

Equity 56

Equity Employee Vesting Preferred Stock 56

Startup Professionals Musings

AUGUST 6, 2012

Match your business to your passion. Don’t hire any employees. Consultants don’t need any inventory Barter your skills or equity for services you need. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.

Bootstrapping 236

Bootstrapping Bandwidth Equity Startup 236

OnlyOnce

SEPTEMBER 23, 2020

In a study conducted by MavenLink/Research Now, “The White Collar Gig Economy,” 47% of companies state they are looking to hire contractors to fill management and senior executive roles, including c-suite contractors. The CEO hires a coach who can help them navigate new situations and challenges.

Due Diligence 71

Due Diligence Hiring Cofounder Leadership 71

Startup Professionals Musings

MAY 20, 2011

Match your business to your passion. Don’t hire any employees. Consultants don’t need any inventory Barter your skills or equity for services you need. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.

Entrepreneur 233

Entrepreneur Bandwidth Equity Bootstrapping 233

clicksend.wordpress.com

OCTOBER 26, 2010

To find a programmer who will simply share equity with you, you need two things. Be realistic with the amount of work you’ll each be doing when you discuss equity. Hire a Programmer There’s a reason funding is the number one thing holding back startups: if you have money, you can hire a programmer.

Cofounder 40

Cofounder Technical Cofounder Non-Compete RSS 40

This is going to be BIG.

SEPTEMBER 14, 2012

Hire someone cheap who can hustle. If you're hiring for marketing, it's going to be someone who will actually test all the AdWords campaigns, run the Twitter account, write the blog posts, pitch media outlets, etc. Then, match that person up with a one day or so a week senior person who gets paid mostly in equity.

.Net 113

.Net Equity Cofounder Matching 113

Up and Running

SEPTEMBER 10, 2020

Over the past 20+ years, as an angel investor, former venture capitalist and private equity investor, and serial entrepreneur, I have seen and written, a wide variety of pitch decks and business plans. A Board of Advisors is a great way to get some in-depth expertise at a fraction of the cost of hiring people outright.

Business Plan 124

Business Plan Elevator Pitch Equity Private Equity 124

Startup Professionals Musings

JANUARY 17, 2016

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. One way to defer some of these costs, as outlined by ProOpinion , is to provide alternative compensation methods (equity or compensation based) to your new employees. Unanticipated expenses and emergencies drain cash.

Startup 120

Startup Matching .Net Sales 120