The Equity Kicker

AUGUST 1, 2012

between them, making the aggregate exit value of these acqui-hires 4.2x, which tells us that if the investors on average had a 24% stake they would have broken even on these deals. Whichever way you look at it the conclusion is the same – acqui-hire is not a great exit strategy for investors.

San Francisco 110

San Francisco Hiring Liquidation Preference Aggregator 110

Up and Running

JULY 2, 2014

You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. So we hired another firm to help us facilitate the removal of this clause. We were targeting to raise around $3 million in investment capital.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

YoungUpstarts

MARCH 9, 2016

During a transaction, company owners and founders are often bombarded with countless questions and requests for information under a strict timeframe. Not all personal accountants are accustomed to working on an M&A transaction, so make sure to hire someone expert in determining the valuation that makes sense for your particular company.

Technical Review 100

Technical Review Due Diligence San Francisco Merger 100

Startup Professionals Musings

MAY 2, 2012

If you are a young startup founder, how do you find that CEO or other executive for your “dream team” to close on funding and kick start your company? The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. A great hire can make a company, but a single bad one can break it.

Founder 248

Founder Startup Exit Strategy Leadership 248

www.inc.com

JULY 9, 2010

500|5000 Conference Honorees Resources Press Apply 2011 ); Topics > Leadership and Managing > Human Resources > Recruiting and Hiring Employees > How to Attract Talent to Your Start-Up At a start-up, you need employees that are in it for the long haul and fit your unique culture. People would only get paid if the candidates got hired.

Intellectual Property 55

Intellectual Property Los Angeles San Francisco New York 55

David Teten

OCTOBER 23, 2011

Panel sessions were quick and engaging, covering topics from angel investments, hiring for talent, flash sales and exit strategies, among others. After the panels, the Bloomberg empowered entrepreneur conference (BEEC) begin its panels session with an opening by Matt Miller.

Cofounder 144

Cofounder Exit Strategy Entrepreneur New York 144

99u.com

DECEMBER 22, 2012

Every business needs a dream team, but you cant hire for every expertise youll need. Sure, you may need developers and designers, but how about experts on your industry or people with relationships with certain prospects that you cant afford to hire? Have an exit strategy. Founder of VaynerMedia & Author of Crush It.

Turkey 40

Turkey Dilution Portfolio Exit Strategy 40

Startup Professionals Musings

AUGUST 31, 2010

Have an exit strategy. Depending on the size of the investment you may consider hiring a lawyer to file the necessary paperwork to make everything official. Today's guest blog is by Adam Hoeksema, founder of the ExecutivePlan. Angel investors and venture capitalists want to know how you intend to grow their investment.

Elevator Pitch 225

Elevator Pitch Angel Investor Startup Venture Capital 225

www.inc.com

SEPTEMBER 24, 2011

Pricing Strategy. Exit Strategies. Strategy and Planning. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Office and Operations. Legal Issues. Industries. Basic Accounting. Business Taxes.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

David Teten

SEPTEMBER 23, 2017

Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . I also am excited to see how vendors like Stackshare and Stacklist are helping founders identify the right tech tools for their business. Pitchbot.vc is an AI bot which helps companies refine their sales pitch to VCs.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Professionals Musings

JUNE 6, 2013

If you are a young startup founder, how do you find that CEO or other executive for your “dream team” to close on funding or complement your skills to kick start your company? The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. Most founders are product guys.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

Growthink Blog

MAY 13, 2012

Even with an office full of lawyers, for example, you would have to hire and manage more and more people in order to grow. The angels must believe in and be comfortable with both the founders and the key operating personnel of the company. The problem is that some businesses are not as conducive to scaling as others.

Angel Investor 93

Angel Investor Exit Strategy Liquidity Event Angel Groups 93

www.virtuosimedia.com

MARCH 8, 2012

This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Hire someone to do a working prototype/proof-of-concept. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Exit strategies.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

www.instigatorblog.com

OCTOBER 23, 2010

I gave him similar numbers to what I had been given when I was hiring the first few employees for Standout Jobs. David Crow just posted about this very topic: Founders vs. Early Employees and shows the Venture Hacks chart. .&# And I told him that the numbers were fairly standard, based on guidelines I had seen used in other places.

Equity 41

Equity Employee Startup Vesting 41

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). How do you balance it all? Partner well.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Up and Running

JANUARY 18, 2016

See Also: Got “Founder Fit”? The importance of this is that it sets the foundations for the many discussions you will have with your funder on all topics from new product launches, to major capital spend, to key hiring decisions. One of these aspects is the alignment between yourself, and your potential funder.

Exit Strategy 60

Exit Strategy Vesting Security Bootstrapping 60

Startup Professionals Musings

FEBRUARY 4, 2011

If you are a startup founder or major investor, how do you find that CEO for your “ Dream Team ” to close on funding and kick start your company? The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. A great hire can make a company, but a single bad one can break it.

Search 224

Search Startup Exit Strategy Leadership 224

Gust

DECEMBER 16, 2011

Hardly a founder now alive. And, a bit misty-eyed, this old war veteran can actually remember the glory days: Venture capitalists would commit tens of millions for a startup to buy expensive infrastructure; hire sales and marketing teams as products were still being built; and lease out big slugs of office space for the coming hiring spree.

IPO 87

IPO .Net Social Network Mobile 87

Jeff Hilimire

FEBRUARY 28, 2014

My first client, CoreNet Global, hired me right out of the gate and they were a client for nine years which is something I am very proud of. As the founder, my leadership focus is to make sure our team knows about what has worked (and hasn’t) over 10 years and what makes up the BrightWave DNA. I think I am a pretty versatile leader.

Marketing 65

Marketing Leadership Email Exit Strategy 65

Hearpreneur

OCTOBER 5, 2018

Get some mentors on board, preferably those who are in the same industry and have their exit strategy well in place. It will have been something from the late Steve Jobs: “We hire people who want to make the best things in the world.” As you know, being a CEO and founder of your own company is tough work.

Software 55

Software Management Entrepreneur Vietnam 55

Up and Running

MAY 21, 2015

When you hear of a company that sells for, say $10 million, most people assume that the founders are now multi-millionaires. See Also Planning for the Future: Your Exit Strategy. Liquidation preference.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Gust

NOVEMBER 4, 2011

For more page-turning corporate drama, including the feud between Intermix co-founders and UCLA college buddies Brett Brewer and Brad Greenspan, Nasdaq delisting, proxy contest and lawsuits by Greenspan after he was fired as CEO, see Stealing MySpace by WSJ reporter Julia Angwin. MySpace became its own company, MySpace, Inc., of MySpace, Inc.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Gust

NOVEMBER 23, 2011

Startups and founders need to come to terms with the stark reality that the rules of the game may be changed mid-play. Technology companies in particular, which often grant stock or options to every employee, can easily pass the 500 mark if rapid growth results in rapid hiring.

IPO 110

IPO Prospectus SEC Intellectual Property 110

www.paulgraham.com

APRIL 28, 2010

I think it would help founders to understand funding better—notjust the mechanics of it, but what investors are thinking. And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. Few startups get it quite right. Many are underfunded.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Hearpreneur

MAY 15, 2020

I’ve rarely seen it work out that way, and I worry I sometimes see too many people driven by the desire to be a CEO/founder, as opposed to making something awesome. With both of these in mind, I began to plan my exit strategy by saving money, as well as starting my blog and a couple of other side hustles. Go for awesome!

Entrepreneur 127

Entrepreneur LLC Los Angeles San Francisco 127

Up and Running

AUGUST 20, 2018

The most classic business planning scenario is for a startup, for which the plan helps the founders break uncertainty down into meaningful pieces, like the sales projection, expense budget, milestones, and tasks. A good financial plan goes a long way to help determine when to hire new employees or buy a new piece of equipment.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Duct Tape Marketing

NOVEMBER 20, 2019

He is the founder of Peterson Acquisitions and the author of Swinging Doors: A Guide to Selling Your Company. Doesn’t mean you need to be working every day to make sure it’s sellable but you should have an exit strategy in mind because you’re not going to live there forever. This is John Jantsch.

Chad 46

Chad SBA Kansas City Australia 46

Hearpreneur

JULY 20, 2018

My co-founder, David Johnson, and I came up with the name “Genexa” because we felt it represented the next generation of medicine. across the crowd, everyone looked my way and we ended up getting introduced to a portfolio company that hired us! And my teal branding is a nod to my husband and I, as our wedding color was teal.

Naming 79

Naming OTC Entrepreneur PPC 79

Up and Running

MARCH 11, 2015

As the former co-founder and CEO of two technology companies, Caroline has experienced both start-up failures and successes, and has raised close to $1 million in investment capital. I wanted to make sure we got it out there, the idea of how does one find a good co-founder? Great okay, so now you’ve got your exit strategy.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

discuss.joelonsoftware.com

NOVEMBER 1, 2010

Im confident that this business will be able to compensate these two additional principles along the way, after initial risk of investing their time, and will later reward their vesting with an exit strategy. Movie: "Make Better Software" is a 6 movie course designed to help you as you grow from a micro-ISV to a large software company.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Up and Running

JANUARY 25, 2017

My soon to be former co-founder replied, “We’ve seen 400 percent growth, month over month, and after the first 30 days we’re getting very positive feedback. Users love the concept, and we’re getting a lot of organic support to launch quickly so that employers and applicants can enjoy an easier hiring process.”.

Venture Capital 60

Venture Capital Cofounder Security Partner 60

A Smart Bear: Startups and Marketing for Geeks

JUNE 27, 2011

Here’s why: The acquirer knows that you, the founder, are looking for financial freedom. In fact often this is how they come up with their initial offer, and it’s why companies with three founders often get more money (all else equal) than companies with one founder. (I’ve The personal stuff. Alternatives.

Sales 235

Sales Term Sheet Stock Deal Structure 235

Up and Running

JUNE 11, 2014

We asked 12 founders from the Young Entrepreneur Council: How should startup founders calculate their own salaries versus those of staff members once the company starts to grow? Plus, paying yourself less means you’ll have extra funds to hire an extra employee, or invest in other growth areas.

CPA 123

CPA Salary Exit Strategy Cofounder 123

Up and Running

AUGUST 16, 2017

No exit strategy for firing lazy co-founders. First of all, each co-founder should have a specific set of responsibilities with deadlines and consequences for failing to meet those deadlines. Choosing the right co-founder is as important as choosing the right spouse. Detailed financial projections are missing.

Business Plan 127

Business Plan Hockey Stick Cofounder Salary 127

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

As you’d suspect, I was similarly ignorant of such things while watching the sale of ITWatchDogs (where I was a co-founder), and still harbored misconceptions as I went into the sale of Smart Bear. To hire key employees. So, once and for all, I’d like to share my own perspective on how this works.

Sales 260

Sales Channel Cofounder Valuation 260

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team? Lakshman Prasad • Nov 16, 2010.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51