Startup Professionals Musings

MARCH 16, 2016

Sweat equity. This unpaid work component is sized in dollars, added to any funds contributed, to represent the total contribution of a founding partner and converted to an equity ownership percentage in a new startup. Equity crowdfunding. These deals usually come with retention packages -- so be careful.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Steve Blank

APRIL 1, 2020

How can you shift focus to customer retention versus acquisition? Award equity to employees equal to the value of their reduced salaries. Or if you have sufficient cash, now is the time to hire great people who were never available. When hiring began again, everyone was relieved: “The worst is over. Lessons Learned.

South Korea 333

South Korea Salary Business Model China 333

VC Cafe

JULY 21, 2020

There are four general buckets for engaging with a corporate like Google: Funding – this consists of cash investment for equity. They offer free trainings, mentorship from Googlers, workshops (on fundraising, hiring, internationalisation, etc), a diverse range of events and international exchange programs between the hubs.

Technical Review 131

Technical Review Startup Early Stage Cloud 131

Hearpreneur

SEPTEMBER 10, 2023

In a rapidly evolving world, the success of any organization is intricately woven with its commitment to Diversity, Equity, Inclusion, and Belonging (DEIB). We've set up a dedicated DEIB committee, prioritized equal opportunities in hiring and promotions, conducted regular awareness training, and encouraged open dialogue.

Entrepreneur 119

Entrepreneur Equity Retention Employee 119

Transformify

AUGUST 8, 2019

‘’Diversity Hiring’’ series features world diversity and inclusion leaders and their thoughts on diversity recruitment, cultural diversity and equality. There, she works with teams across the business to enhance access to technical education, recruiting, retention and career mobility for underrepresented minorities.

Silicon Valley 99

Silicon Valley Retention Salary United States 99

ReadWriteStart

JULY 15, 2022

Clearly, workplace empathy is vital for both engagement and retention when it comes to millennials. The greater your effectiveness in terms of implementing these retention strategies the better the results. Millennials are uncompromising in the virtues of equality, equity, and inclusion. Understand the millennial mindset.

Startup 140

Startup Employee Technical Review Retention 140

Startup Professionals Musings

JUNE 8, 2019

Hire the best people and continually upgrade your team. A big mistake often made in the rush to scale is to shortcut the hiring and training processes, to get out there fast, assuming that the team can learn on the job. Focus on existing customer retention and repeat business.

Angel Investor 220

Angel Investor Equity Leadership Demand 220

Hearpreneur

JANUARY 1, 2023

Using feedback implements or engagement initiatives, keep employee expenditures lower later on by investing in teams’ satisfaction and retention now. Thanks to Corey Philip, Acumen Equity Advisors ! #7- However, laying off the most recent hires can erase a company's progress toward change and diversity. 6- Focus on cash flow.

Entrepreneur 89

Entrepreneur Software Review Technical Review Revenue 89

Lightspeed Venture Partners

MAY 4, 2016

Identifying and hiring great talent is one of the hardest and most important parts of building a company and setting it up for success. While finding great talent is hard enough as it is, retention is even harder. We live in the age of LinkedIn and Glassdoor. Talent management. Why is it so hard? And what’s the solution?

Technical Review 60

Technical Review Retention Employee Equity 60

Austin Startup

JULY 8, 2017

It usually takes experience in the market for business people to truly understand the realities of hiring and working with lawyers. Quickly hiring an “in house” lawyer won’t save you a dime. CEO: “We’re thinking about hiring an in-house lawyer to save some legal fees.” You’re not saving anything. Me: “Great.

Startup 48

Startup Salary Early Stage Software 48

Steve Blank

FEBRUARY 26, 2020

Pre-Seed Round Paperwork: Smart investors will typically give you minimal paperwork – either a convertible note or a SAFE (Simple Agreement for Future Equity) or a KISS (Keep It Simple Securities). Retention and low attrition are good signs of customer validation. This pre-seed stage typically takes 6-12 months. Seed Round of Funding.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

ReadWriteStart

MARCH 3, 2021

You can’t afford to hire a full team or place a Super Bowl ad, so you’ll need something more reasonably priced. Limited brand equity. Again, this strategy is cheap (since you can write external guest posts on your own), it’s something anyone can learn how to do (or hire someone to do), it’s flexible, and it’s highly scalable.

Early Stage 125

Early Stage PPC Retention Churn Rate 125

Hunter Walker

MAY 13, 2023

Especially in the early days of mobile/iOS engineering, if you hired strong technical talent into your early stage company, you basically created an acquisition outcome floor. Sometimes you’d even get lucky and receive stock in the acquirer, which was how I gained pre-IPO equity in high growth stars like Pinterest and Facebook.

Early Stage 117

Early Stage Cap Table Acquisition Sales 117

Transformify

MARCH 4, 2018

Most companies are shifting to in-house hiring, but sometimes using the services of a staffing agency saves time and cost. Temporary, temporary-to-hire and permanent placement services are provided each week to over 100,000 people. They provide temp-to-hire , temp, direct hire, and contract work solutions. Robert Half.

Hiring 61

Hiring Finder Canada Australia 61

crowdSPRING Blog

APRIL 5, 2013

Why I No Longer Advise Startups to Hire M.B.A.s | The Accelerators-WSJ – [link]. Online Education’s Dirty Secret — Awful Retention – [link]. SEC Greenlights One Style Of Equity Crowdfunding For Startups | TechCrunch – [link]. Online Education’s Dirty Secret — Awful Retention – [link].

Social Media 92

Social Media Small Business Design Media 92

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

David Teten

MAY 1, 2013

First, any branding and SEO equity you built up under the old name are jeopardized. Another option is to give equity; Aaron Patzer knew that Mint.com was a valuable domain name, but couldn’t afford it initially. So he gave the owner some equity in his startup, which was worth a few million dollars when Mint exited.

Naming 114

Naming Semantic Venture Capital Startup 114

Austin Startup

AUGUST 20, 2017

Hiring is a chapter unto itself, but it deserves to lead off any discussion of context. Compensation decisions obviously affect hiring and retention. 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.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Austin Startup

MARCH 7, 2018

Prior to joining Uber, Kandace worked on the Diversity, Equity and Inclusiveness team at Teach For America helping build an equitable internal culture. Her work spans the talent lifecycle from increasing access to technical education through recruiting, retention, and advancement of all Atlassians.

Technical Cofounder 48

Technical Cofounder Cofounder Fractional CTO CTO 48

YoungUpstarts

JUNE 7, 2012

o Are you hiring and retaining the best talent? o Are you focusing time and resources on the hiring process — tapping into the right candidate pool, vetting candidates, keeping candidates engaged in the process, asking the right interview questions? Retention. Workplace Solutions.

Non-Compete 150

Non-Compete Salary Retention Hiring 150

Board Effect

SEPTEMBER 21, 2022

Are diversity , equity, and inclusion (DEI) a part of your organization’s core value system? By making a more significant effort to embed DEI principles in everything you do and monitor your progress in this area, you can achieve greater outreach, hire more qualified staff, and create a healthier workplace. These are valid questions.

Metrics 52

Metrics Leadership Equity Community 52

Duct Tape Marketing

APRIL 20, 2022

And really, I think in a lot of ways for hiring, we're talking about the same kind of journey, right? There is a great experience, you know, component, there is a retention component. Because a lot of people, oh, I need to run better ads on indeed, you know, as hiring. I mean, there is an attraction component. Absolutely.

Employee 76

Employee Networking Audio Customer 76

ReadWriteStart

AUGUST 26, 2022

Good CEOs will look inside and say: “Hey, maybe we’ve been hiring a little bit too much during the sugar rush phase of the pandemic, and what does that mean for performance management? Can we squeeze out more from folks that we’ve hired, and are there things that maybe we have completely neglected? Have we become soft?

Partner 132

Partner Cofounder Retention Acquisition 132

maplebutter.com

JANUARY 8, 2013

You are here: Home » Hiring » Crazy! Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. Persistence.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.reincubate.com

FEBRUARY 1, 2010

Start-ups often hire at one extreme -- closer to a Lead Developer or VP of Engineering -- whereas corporates may focus on their CIO, which is potentially quite a different role. Dan drew up his thoughts around a job description for a web Chief Technology Officer (or Chief Technical Officer), and invited us to follow suit.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

Board Effect

JULY 11, 2023

Members must also be up to date on the technical side of board governance: parliamentary procedure, compliance, fundraising, human resources, DEI and equity, conflicts of interest, cybersecurity, and other issues. If not, they risk bringing unwanted public and legal scrutiny to their organizations.

Government 40

Government Audio Retention Green 40

www.vccafe.com

MARCH 11, 2013

customer retention, churn reduction, lifetime value. find/hire freelancers. hire low-cost international engineering talent. VWorker -Â find/hire freelancers. YCombinator Series AA Equity Financing Documents. Founder Equity Issues. Venture Hacks equity section. Legal, Equity, etc. Custora â??

Software Review 53

Software Review Technical Review Startup 53

steveblank.com

JULY 8, 2011

Reply Jarek , on February 27, 2011 at 11:51 pm said: What about CRM?

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Duct Tape Marketing

JUNE 15, 2023

Questions I ask Joe Mull: [01:55] What were you hoping to add to the topics of hiring and quitting with this book? [04:00] 12:58] Can you elaborate on the phrase: “the era of hiring the best person for the job is over” [18:08] Where do diversity, equity, and inclusion, you know, initiatives fit into the idea of Employalty ? [20:09]

Hosting 81

Hosting Employee Framework Networking 81

Duct Tape Marketing

NOVEMBER 13, 2019

Jennifer Brown: Because the question of retention is more about the workplace culture and it’s very expensive to bring people in only to lose them two years later because they don’t see anyone that looks like them or shares their identity. I honestly think that people have hired and referred for jobs, people from their networks.

Hiring 39

Hiring Community Audience Bandwidth 39

Feld Thoughts

JANUARY 17, 2013

Assume you hire someone and grant them 10,000 options with monthly vesting of four years with a one year cliff. The key difference is you are separating the “refresh grant” from a bonus, or retrading, of the hire grant. Let me give an example. options / month, or 2,500 / year.) This is a refresh in years 5 and 6.

Stock Options 134

Stock Options Stock Vesting Retention 134

Gust

NOVEMBER 4, 2011

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The of MySpace, Inc.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

mporat.tumblr.com

MARCH 8, 2012

It has become a huge challenge to build that initial technical team, especially if you want your first hire or co-founder to be a rockstar. No, you probably won’t be able to hire them, nor should you try. Has retention bonus kicked in yet? - an entrepreneur stays an entrepreneur. It usually does after ~2 years.

Cofounder 41

Cofounder Founder Retention 41

www.mint.com

MARCH 9, 2010

Granted you don’t want to sound like you are interrogating them, but if there is sufficient interest on the company’s part in hiring you, they will expect you to ask those difficult questions. I’d add that you should dig a bit into inbound marketing and “nepotistic retention&#.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

ConversionXL

JUNE 2, 2022

Sales and marketing collaborate until a deal is closed and beyond to secure long-term customer retention. The more brand equity you have, the easier it will be to get customers onside. You can also use LinkedIn to monitor specific hires and departures, and examine company publications for updates that may show intent.

Customer 98

Customer Marketing Channel Acquisition 98

Mucker Lab

AUGUST 17, 2016

Leading the way, we have a discussion with one of the first founders Mucker invested in, Jerry Jao, the CEO and founder of Retention Science. As a CEO, as a co-founder, when you’re trying to hire someone, you’re selling. Watch the full video here, along with some key highlights transcribed below.

Cofounder 60

Cofounder San Francisco Retention Founder 60

SoCal CTO

OCTOBER 5, 2010

10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Game mechanics have become a popular way of increasing user engagement and pushing user adoption, referral and retention, and many startups have sought ways to incorporate game mechanics into their sites. Why You Should Write. Status / reputation.

Technology 191

Technology Product San Francisco CTO Hire 191