Hunter Walker

JANUARY 10, 2018

When I hear “just start a company, you have nothing to lose” know it won’t ring as true to the realities many founders come from and what they need to overcome. Don’t assume everyone can just eat ramen and sleep on vesting options. Which brings me to… 3. Many People Are Supporting More Than Themselves.

Silicon Valley 195

Silicon Valley San Francisco Vesting .Net 195

blog.simeonov.com

FEBRUARY 22, 2010

Simeon, can you tell us how you structure ownership and control so you can fire your co-founders if necessary? The first part will dispel some myths, address the lifecycle of founder agreements and the key compensation and control parameters in them. Let’s start by dispelling some myths: There is a standard founder agreement.

Founder 44

Founder Vesting Agile Startup 44

Genuine VC

JUNE 12, 2012

But by the end of the month, we’ll have only 5 of our first 10 (including the two founders) employees and 10 of our first 20. Given the dynamics I mentioned, tenure at a startup should match an individual’s interests/skills, but also synch with financial/career milestones.

Vesting 112

Vesting Silicon Valley Startup New York 112

Both Sides of the Table

AUGUST 17, 2009

The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests. They immediately agreed to match True’s terms. One very important item from Chris’s original post that wasn’t picked up by Fred or Brad is founder vesting.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

The Startup Lawyer

MARCH 17, 2012

Outsourcing your startup’s early technical development to a dev shop is like riding an elephant in a horseback polo match. With the surge in demand for technical co-founders, many startups have no choice but to contract with dev shops to build their idea. A dev shop is never a substitute for a technical co-founder.

Cofounder 92

Cofounder Vesting Equity Agile 92

Up and Running

JULY 11, 2017

The Apple analogy is a good one because that company and its founder Steve Jobs were especially skilled at timing their product innovations just right. The fatal flaw in Stryker’s plan was the belief that they could develop the technology necessary to match the capabilities of the rental beds and offer it on a “for-sale” basis.

Technical Review 80

Technical Review Development Team Review Differentiation Leadership 80

www.payne.org

SEPTEMBER 22, 2011

4 Vesting. 6 Founders / Restricted Stock. UPDATE: If youre a founder or near-founder, your equity terms are likely defined by the funding terms negotiated with the investors. You usually dont get all of your stock up front; it vests over a period of time, starting from your first day at work. From Payne.org Wiki.

Equity 56

Equity Employee Vesting Preferred Stock 56

Both Sides of the Table

NOVEMBER 4, 2009

Stock vests for 4 years. Best to be a founder. But you need to match your talents, age, skills, ambition and economic situation with your current reality. You get 1%, you sell for $150 million and it’s in 3 years (e.g. you won the lottery). That’s an after-tax gain of $287,500 / year for 2 years. Wait a second.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

ConversionXL

NOVEMBER 6, 2019

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Rejoiner spent $0 on their MVP.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Hippoland

FEBRUARY 1, 2018

Now imagine a world where someone built ad tech and offered it for free to match advertisers and publishers? We also provide software to match advertisers and publishers. We at Hippo Ads will hold some of the coins that we’ll vest upon hitting certain milestones. Others are not and just take a massive cut in between.

Database 48

Database Vesting Distribution Software 48

Hippoland

FEBRUARY 1, 2018

Now imagine a world where someone built ad tech and offered it for free to match advertisers and publishers? We also provide software to match advertisers and publishers. We at Hippo Ads will hold some of the coins that we’ll vest upon hitting certain milestones. Others are not and just take a massive cut in between.

Database 48

Database Vesting Distribution Software 48

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Should founders have anti-dilution rights?

Equity 62

Equity Employee Founder CTO Hire 62

ConversionXL

NOVEMBER 6, 2019

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Rejoiner spent $0 on their MVP.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

This is going to be BIG.

JULY 16, 2012

I thought the entire process went as well as it possibly could and I even walked out of there (after meeting [the founder] and the entire team in two sessions) w/ what I thought was a soft offer. He sent me this note about the founder: "have you heard anything from him? So I ping the founder and they have another meeting.

Hiring 148

Hiring Software Review Technical Review Startup 148

Steve Blank

APRIL 13, 2021

It was a rallying cry of our founders as they built a single unified nation from a collection of states. Many American families no longer have a personal vested interest in our nation’s decisions about foreign policy. This post previously appeared in Real Clear Defense. It’s a good reminder of where we need to go.

Afghanistan 340

Afghanistan Silicon Valley Vietnam Government 340

Ben's Blog

APRIL 28, 2010

In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. Thomas Watson, Sr. The underlying reasons. Moral authority.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

www.chubbybrain.com

SEPTEMBER 28, 2011

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. Go vest yourself. When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow.

Software Review 79

Software Review Startup Technical Review Vesting 79

dondodge.typepad.com

JANUARY 15, 2011

The second and third rounds of funding take additional shares of equity and dilute existing investors and founders. Founders usually end up with 10% to 20%, all the other employees end up with about 15%, and the VCs end up with about 60% to 75%. Founders and VPs usually have about 10% and employees have about 15%.

Equity 40

Equity Employee Dilution Valuation 40

OnlyOnce

APRIL 22, 2021

They are a great third leg of the stool alongside a CEO/Founder and VCs. They provide the same kind of pattern matching and outside point of view as VCs — but from a completely different perspective, that of an operator or industry expert. I love having independent directors on my Board.

Stock 62

Stock Vesting Leadership Search 62

Both Sides of the Table

FEBRUARY 10, 2011

The interesting thing about working with angels (the tech founder kind) is that they’ve all run their own startups before so there is instant resonance with what you’re going through, the issues you’ll face and how to best help. Founders need to see eye-to-eye or things will be very difficult.

Angel Investor 302

Angel Investor Cofounder Southern California .Net 302

Both Sides of the Table

AUGUST 30, 2010

Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”. Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Austin Startup

DECEMBER 10, 2017

Are we teaching founders more than they need to know? I bring this up because I believe we are often trying to teach founders how to do everything in their startups from scratch. Startup founders had better be in much more of a hurry than that. I effectively became, shall we say, the job superintendent for the founder.

Georgia 48

Georgia Startup Incubator Harvest 48

blog.expensify.com

APRIL 24, 2012

All it needs is multi methods and pattern matching and it would be the coolest language ever. The depth of your ignorance is only matched by the shallowness of your knowledge on the subject. March 25, 2011 at 2:16 pm. This is drivel.Net has value types, easy integration with native code dlls, lamdas and the dlr. William Pearson.

Java 107

Java PHP Software Review Coder 107