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We Don’t Talk Enough About Money In Silicon Valley. No, Really.

Hunter Walker

We don’t really talk about money in Silicon Valley. 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.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. ” Put simply, if you care about building a successful tech community outside Silicon Valley you should read this book.

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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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The Co-Founder Mythology

Both Sides of the Table

I covered what I call “the co-founder mythology.&# So embedded is this conventional wisdom in Silicon Valley that it feels like heresy to even question it. Either you’re not technical and you think you need a technical co-founder or vice-versa. Hire your co-founder. Vested over 4 years.

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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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Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

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. The investors were giving away part of their ownership of the company — not just to the founders, but to all employees. Here’s why.

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Exploiting Silicon Valley For Profit (and Maybe Fun)

Diego Basch

I believe that Silicon Valley is like Las Vegas, except they make you pass a number of tests before they let you gamble. The purpose of this post is to analyze the folowing problem: Joe Founder comes to Silicon Valley with a laptop full of dreams, but no money. A struggle between founders and VCs ensues.