Remove Finance Remove Founder Remove Silicon Valley Remove Vesting
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Who Should be on Your Startup Board?

Both Sides of the Table

One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on.

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Should You Offer Equity Compensation to Employees?

Up and Running

Stock options are issued to employees usually through an Employee Stock Option Plan (ESOP) and include what is called a “vesting period.” The vesting period, often three or four years, frees up a percentage of the options for the employee to purchase the longer they stay at the company. Restricted stock: .

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Equity for Consultants – Keep it Simple!

www.mattbartus.com

A View from the Valley. Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. We will grant him/her X% fully diluted shares up front, and every time he/she makes an introduction, he/she will vest in 100 shares.” Blog blog archive. Quora Answers.

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Why Uber is The Revenge of the Founders

Steve Blank

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. A pre-IPO board usually had two founders, two VCs and one “independent” member. Technology Cycles Measured in Years.

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Attention Entrepreneurs: Walk Before You Run

Up and Running

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. We need to remind would-be entrepreneurs that raising finance is one mere step on the journey rather than a cause for celebration. ??We

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Making Decisions in Context

Austin Startup

Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Messy cap tables can come back to haunt you when you do a financing or sell the company. Kalanick, former investor BFF turned highly disappointed by founder behavior.

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Should I Use My Investor’s Lawyer?

Scott Edward Walker

Answer Welcome to the world of the Silicon Valley! As the late, great attorney Craig Johnson wrote in the book The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship : Although start-up lawyers in Silicon Valley draft documents and follow form books. Any advice would be appreciated.