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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

As Finance Fridays continues, we are introducing the concept of the Cap Table. Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. Time to update the cap table.

Cap Table 133
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Should You Share Equity with Consultants?

www.inc.com

Finance | Tuesdays. Advisor. ); STARTUP. Financing a Small Business. Financing A Small Business. Personal Finance. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. Innovation | Fridays.

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Founder's Dilemmas: Equity Splits

www.startuplessonslearned.com

With their confidence in their startup and themselves, their passion for their work and their mission, and their desire not to harm the fragile dynamic within the nascent founding team, cofounders tend to plan for the best that can happen. But such a best-case approach is hazardous. How should founders deal with such developments?

Equity 72
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How to pick a co-founder

venturehacks.com

Two founders works because unanimity is possible, there are no founder politics, interests can easily align, and founder stakes are high post-financing. He can be technical, but he must be able to wield the tools of influence. Technical founders who don’t sell also use bad proxies (&# Harvard MBA!&# ). Date first.

Cofounder 101