Startup Professionals Musings

SEPTEMBER 25, 2019

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% 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% Your compensation is the total package of stock plus salary plus benefits.

Equity 237

Equity Stock Options Advisory Board Stock 237

YoungUpstarts

APRIL 16, 2020

If the situation is dire, you may also consider recapitalizing the business through a debt refinancing or by selling equity. What are my top 5 expenses as a percentage of sales? Good targets include: Underperforming sales agents. This is done to eliminate administrative complexity, focus sales strategy, and reduce inventory.

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Recapitalization Forecast Software Review Finance 200

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. Waiting until you have something to sell before bringing on a sales and operations staff.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Startup Professionals Musings

JULY 1, 2022

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% 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% Your compensation is the total package of stock plus salary plus benefits.

Stock Options 343

Stock Options Advisory Board Stock Startup 343

YoungUpstarts

SEPTEMBER 12, 2018

Research shows that companies with greater gender and racial diversity drive nearly 15x more sales revenue than companies with homogenous teams, proving that it literally pays to build an inclusive team. A good team doesn’t always mean a full-time role or a full-time salary. Diversify your talent search to diversify your team.

Hiring 100

Hiring Technical Review Silicon Valley Due Diligence 100

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. And the amount of equity you need to grant to accomplish these hires is also an art and most certainly not a science.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

SoCal CTO

MARCH 12, 2012

Okay, so now you have it narrowed down and have determined that you need: Part-Time CTO or Technology Advisor to help guide you and close a bit of the Startup Founder Developer Gap , and Equity-Only Cofounder Developer - the first real developer that will work for equity and produce the bulk of the application. Go to user groups.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

The Equity Kicker

APRIL 18, 2016

We had some success with this system, most notably at Zeus Technology, which was a good exit for my old firm Draper Esprit, but these days I recommend flat salaries with upside coming from options or founder shares. With those caveats the best structures are flat salaries and a share of the equity.

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Salary Equity Private Equity Startup 60

SoCal CTO

MARCH 2, 2015

This includes links to CTO Salary and Equity Trends, Technology Roles in Startups , Initial Conversation with a CTO or Technical Advisor , Finding a Technical Cofounder for Your Startup , Hiring a CTO for Your Startup and many others. You need to start by figuring out who your suspects are.

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Technical Cofounder Los Angeles CTO Hire Part-Time VPE 150

David Teten

AUGUST 19, 2019

This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. We don’t have any equity or control over the business….”. “As The average cash balance is $191,164.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

APRIL 23, 2013

Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Most startup founders already do this, rather than take a salary, to improve their offering. startup control equity bootstrapping Rich Christiansen business'

Equity 241

Equity Bootstrapping Startup Merger 241

View from Seed

AUGUST 6, 2015

When someone goes to work for a larger corporation or public company, the compensation package generally includes an annual salary, a performance bonus or commission plan, 401(k), and health insurance. Of late, I’ve encountered numerous potential startup candidates and newly hired employees who have no idea what their equity means.

Equity 120

Equity Employee Cap Table Stock Options 120

View from Seed

AUGUST 6, 2015

When someone goes to work for a larger corporation or public company, the compensation package generally includes an annual salary, a performance bonus or commission plan, 401(k), and health insurance. Of late, I’ve encountered numerous potential startup candidates and newly hired employees who have no idea what their equity means.

Equity 120

Equity Employee Cap Table Stock Options 120

David Teten

MAY 7, 2019

Would you like to have a salary from day one that you work full-time on your startup? Briefly, we think there’s a substantial market for a business which helps enterprises to execute initiatives which require coordination across diverse stakeholders, e.g., make a large sale to a critical client, or lobby for a change in regulation.

America 60

America Technical Review Advisory Board Due Diligence 60

YoungUpstarts

SEPTEMBER 15, 2015

Start Exit Planning Your Small Business for Sale to a Strategic or Financial Buyer in the Coming Years. There is no better return on investment that you can make – you can pay them on a quarterly or annual fee for a mere fraction of what their normal salary would be. It’s time small businesses started hiring more advisors.

CTO Hire 100

CTO Hire Fractional CTO Small Business Hiring 100

Both Sides of the Table

JANUARY 4, 2014

– while the other might want a quick sale and pocket some bucks while the tech market is hot. Equity for the future? If you are the person staying how resentful will you become working your arse off for equity that your co-founder who leaves will get value from. Those are the easy cases.

Founder 340

Founder Sacramento Cofounder Technical Review 340

YoungUpstarts

DECEMBER 7, 2017

It’s a great tool for companies to introduce a new brand and test product-market-fit in an early, low-risk environment; cultivate a group of early adopters who become product evangelists and provide crucial feedback and support; get early customer feedback on product concept and design and build brand equity for a product.

Campaign 145

Campaign San Francisco Technical Review Flash 145

Up and Running

AUGUST 19, 2014

You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? Here are seven things to consider in order to determine if now is the right time to pay yourself a salary. Once you generate the financial support of investors, it may be time to reward yourself with a salary.

Salary 119

Salary Sweat Equity Silicon Valley Sales Cycle 119

The Startup Magazine

JUNE 14, 2019

If you need any money from this account, let it be in the form of a salary. You, consequently, need to ensure that the money you have put into your trading pursuit is recorded either as a loan to the startup or as equity. The new balance should be added to the owner’s equity on the balance sheet. Asset selling.

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Balance Sheet Limited Liability Company Bootstrapping Startup 129

Startup Professionals Musings

JULY 24, 2011

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% It never hurts to ask in a job interview what stock options are available, and don’t accept an offer which promises to “work out the equity terms later.” Advisory Board Member, 1% Senior Engineer,3 -.7%

Equity 234

Equity Advisory Board Stock Options Stock 234

Cracking the Code

JANUARY 22, 2009

Building Your SaaS Sales Compensation Plan. Compensating the sales force is a difficult task and the key is usually to keep things simple, so that each sales rep knows what he needs to optimize to make more money at the end of the quarter. which is very close to the typical 8% paid for sales commissions.

Software Review 91

Software Review Clawback Sales Salary 91

David Teten

JULY 10, 2019

pre-launch, BIG equity, big peeps involved–ANY TIPS?? Would you like to have a salary from day one that you work full-time on your startup? We agree on an equity split, vesting, and initial compensation structure. And how do you split the equity? Do you want to make America functional again ? Sounds great!

America 60

America Technical Review Advisory Board Due Diligence 60

Both Sides of the Table

FEBRUARY 23, 2015

” It was meant both as a call to those writing angel checks into other people’s companies that they ought to think about putting that capital toward themselves either by becoming a startup founder or (and this was my real point) by taking an under-market salary in a company where they can learn the right skills to do it in the future.

Technical Review 150

Technical Review Liquidation Preference Silicon Valley IP 150

Hunter Walker

MAY 13, 2023

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. In fact, sometimes acquirers are asking for the remaining cash on hand from the startup in order to ‘zero out’ the salary burden they’re taking on [HW note: 99.9%

Early Stage 117

Early Stage Cap Table Acquisition Sales 117

The Startup Lawyer

JUNE 9, 2010

A startup’s Series A financing shouldn’t be a large liquidity event or salary payday for the startup’s founders. The term sheet was pretty much a done deal, when the startup’s CEO demanded a salary of $25,000. The Importance of Startup CEO Salary. The CEO’s salary sets a cap for everyone else.

Salary 99

Salary Term Sheet Liquidation Preference Liquidity Event 99

Steve Blank

MARCH 17, 2020

And how much are variable expenses (salaries, consultants, commission, travel, AWS/Azure charges, supplies, etc.?). All your assumptions about customers, sales cycle and most importantly, revenue, burn rate and runway are no longer true. If you are selling to businesses (a B-to-B market) have your customers’ sales dropped?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

YoungUpstarts

AUGUST 21, 2019

There are several popular ways to make money through property which are by leasing, home-renovation flips, short sales and vacation rentals. There is also the option of building equity which is the amount of the property you own after your debt is deducted. This is because your salary would then be subject to national insurance.

Security 113

Security Entrepreneur Salary Equity 113

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. We plan to raise $2.5m

Equity 78

Equity Revenue Cofounder Colorado 78

ReadWriteStart

OCTOBER 28, 2010

More excerpts from "Do More Faster" Title chapter: " Do More Faster " by David Cohen How should we split the equity? Or worse, one that claims equity that you don't believe is due. The sooner you address them, the better off your startup will be. There are different schools of thought on how to arrive at an equitable answer.

Cofounder 128

Cofounder Founder Equity Dilution 128

Startup Professionals Musings

OCTOBER 21, 2017

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% 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% Your compensation is the total package of stock plus salary plus benefits.

Stock 140

Stock Stock Options Advisory Board Startup 140

Hearpreneur

JUNE 4, 2021

And that’s how I started my private equity business where I acquire both online and offline assets such as lead generation websites and physical real estate. Even though I had a job and earned a decent salary, I was spinning my wheels just to pay my bills. Thanks to Daniel Javor, Next Luxury ! #4-

Entrepreneur 135

Entrepreneur B2B Database Technical Review 135

Growthink Blog

MAY 10, 2012

When seeking equity investments, the source of capital is, for the most part, tied to the stage of capital being raised. You see, equity capital is raised in stages or rounds. Mezzanine Financing Most companies that raise equity capital and are eventually acquired or go public receive multiple rounds of financing first.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

YoungUpstarts

JULY 12, 2019

We decided that because I had more equity and eight years in the company, I would maintain slightly more than half of the ownership. Is good in sales and marketing. How will you decide on salary? Will you both earn equal salary? The salary not taken was his way of buying into the company.

Salary 113

Salary Wisconsin Virginia Dividend 113

David Teten

JULY 25, 2017

Large private equity funds like KKR can afford to pursue a consulting model ( Capstone ), typically with associated fees, but that doesn’t normally make economic sense for a VC. – A database of accurate costs for financial models: salary, rent, IT, etc. We have lower AUM, therefore lower management fees.

Portfolio 60

Portfolio Technical Review Private Equity Database 60

Startup Professionals Musings

OCTOBER 17, 2013

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% It never hurts to ask in a job interview what stock options are available, and don’t fall for the offer which promises to “work out the equity terms later.” Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 224

Stock Options Stock Advisory Board Startup 224

David Teten

JANUARY 23, 2021

For ideas, see How Executives Can Work from Home with Private Equity and Venture Capital Funds. Treat this as a formal sales process, and aggressively maintain your CRM. . to keep track of where everyone is in the sales process. Microcredentials for the Effective Venture Capital or Private Equity Investor.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Startup Professionals Musings

SEPTEMBER 22, 2012

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% It never hurts to ask in a job interview what stock options are available, and don’t fall for the offer which promises to “work out the equity terms later.” Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 230

Stock Options Stock Advisory Board Startup 230