David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle.

Founder 245

Founder Technical Review CTO Hire IPO 245

Austin Startup

AUGUST 20, 2017

There are many ways to measure technical skills and check work histories and achievements, but assessment of team chemistry is a high art form. 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. Even for ISO’s, have you heard of form 83(b)?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

APRIL 10, 2019

A version of this article first appeared in the Harvard Business Review. In tech startups stock options were here almost from the beginning, first offered to the founders in 1957 at Fairchild Semiconductor , the first chip startup in Silicon Valley. For most startup employee’s startup stock options are now a bad deal.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

Gust

DECEMBER 1, 2011

When meeting with early stage entrepreneurs for the first time, after reviewing a demo or hearing their pitch, I often ask them to articulate what they’re most focused on building. I don’t fault entrepreneurs for relegating startup legal work to the bottom of their daily triage list; founders are spread incredibly thin.

IP 114

IP Intellectual Property Equity Liquidity Event 114

www.seriesseed.com

DECEMBER 9, 2012

In reviewing these documents on the term sheet, last item, how is the term "double trigger" defined. This is all built into a typical founder stock purchase agreement. Technical issues are fixed for Firefox users (thanks Rob for the comment). This is great.simplified funding/founders docs out of the box.

Finance 40

Finance Term Sheet Vesting LLC 40

Tim Keane

JANUARY 12, 2010

It also assumes the entire value of the investment is captured for investors at a sale of the company in the time specified in the term-sheet. This results in a range of sale prices; in this example from $118.6MM to $21MM. These include: ·       Vesting of Founder Stock.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

infochachkie.com

SEPTEMBER 24, 2011

If a consultant claims they can enhance your marketing efforts, pay them based on their direct impact on your incremental sales. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. Passion Cannot be Outsourced. Pyramid Power. The larger the firm, the larger the pyramid.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

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 spent $20k on their MVP.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Start Up Blog

APRIL 28, 2011

BRIC nations especially are innovating and creating new technology platforms, while the west holds onto fossil fuel era. GEO-locating is the juncture that makes technology connections “real”. Does the store have an emotional footprint or large ‘sale’ signs? A community who vest their interests in each other. APP Appeal.

Moldova 91

Moldova Internet Australia Libya 91

Professor VC

FEBRUARY 26, 2008

As I mentioned in the previous post, Jeff Fluhr (founder of StubHub) recently stopped by my Entrepreneurial Finance class to share his 4 Lessons of Entrepreneurship with the students. Dan Gordon, founder of Gordon Biersch , came by my class this week. How Much Diligence is Due. Steve Bennet. at 7:40 PM. ► January.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

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. I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. Whendel.icio.us

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

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 spent $20k on their MVP.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

venturehacks.com

FEBRUARY 24, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. One founder companies can work, against the odds (hello, Mark Zuckerberg).

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

Both Sides of the Table

MAY 13, 2010

Take Jerry Yang, the co-founder of Yahoo! Your sales team is pounding the table because engineering won’t ship new features fast enough. Marketing wants the sales teams to use the materials they’ve produced. And in public companies we used to mockingly rename their titles to CVO … Chief Vesting Officer.

Entrepreneur 330

Entrepreneur Silicon Valley United States Technical Review 330

The Next Web

AUGUST 14, 2013

Editors Note: This is a guest post by Slava Akhmechet, founder of RethinkDB. Always have a vesting schedule. Pick new ideas because they’ve been made possible by other social or technological change. Get on the train as early as possible, but make sure the technology is there to make the product be enough better that it matters.

Startup 161

Startup Ruby Technical Review Vesting 161

maplebutter.com

JANUARY 8, 2013

I have the knowledge in tech to implement it. If you’re looking for technical talent – go to the dev meetups. Do that – nothing else but one product / company / focus and get to $1M in sales with atleast $15% net profit. I think it’s a huge mistake to outsource technology as a startup. Philosophical] I have the idea.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

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. The macro reason: that’s the way most of the great technology companies have been built. At Andreessen Horowitz, our primary goal is to invest in the great technology franchises. Oracle—Larry Ellison. Peoplesoft—Dave Duffield.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

The Startup Toolkit

JANUARY 10, 2017

First, some examples: A buddy of mine had done the hard work of finding two excellent tech cofounders. Another friend was thrown for a loop when his cofounder not only quit, but then actively poached the entire tech team to work for his new agency. A solution at the end. It’s not just cofounders. Suppliers can fail to deliver.

Cofounder 20

Cofounder Technical Review Vesting Ratchet 20

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. Go to tech (or other relevant industry) events. where I can learn about how to build a sweat equity team? Go to user groups.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Startup Professionals Musings

APRIL 23, 2012

One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Expertise can be marketing, technical, financial, or sales. Even still, regardless of the initial equity split, you should seriously consider vesting your founders shares over at least two years.

Intellectual Property 252

Intellectual Property Equity Cofounder CTO Hire 252

Startup Professionals Musings

NOVEMBER 8, 2010

One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Expertise can be marketing, technical, financial, or sales. Even still, regardless of the initial equity split, you should seriously consider vesting your founders shares over at least two years.

Equity 228

Equity Intellectual Property Cofounder CTO Hire 228

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

blog.expensify.com

APRIL 24, 2012

Guess which technology we have the least trouble with. You have a CEO that clearly hasn’t taken the time to understand a technology platform. who forms technology biases based on old Visual Basic stereotypes or shallow interpretations of. ability based on one of many technologies. March 25, 2011 at 1:36 pm.

Java 107

Java PHP Software Review Coder 107

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 25, 2016

The same is true of startup founders themselves, where it’s your job to fill the company with people much better than you at every position. In the first example of whether to implement feature X or Y, I boiled it down to “both increase sales, but only one also increases differentiation.”

Differentiation 120

Differentiation Framework Restful Software Review 120

Up and Running

MARCH 21, 2013

So bueno in fact, I have to put the rest of the Semi Finals on hold to due a bloggy post solely on this south of the border autobús. Unlike tech businesses that are in style one week and out the next, people are always gonna wanna work out. BIG things in Tech are coming outta Mexico over the next decade. .

San Antonio 129

San Antonio Mexico Louisville Cloud 129