Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

APRIL 10, 2016

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Startup Professionals Musings

NOVEMBER 13, 2012

In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. You need a prototype.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

SEPTEMBER 22, 2011

In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. You need a prototype.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

www.drowningamerican.com

JUNE 22, 2012

Next → How we Hire for Sweat Equity (Part 2)… Posted on April 7, 2011 by Travis Biziorek. Any reasonable founder salary I pay myself (I’m ball-parking $70k… maybe a bit less) will already be a higher salary than I’ve ever earned in my life. Musings on Life and the American Dream. Post navigation.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

Gust

DECEMBER 15, 2013

In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. You need a prototype.

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

YoungUpstarts

SEPTEMBER 23, 2017

Deciding whether to increase money or trade equity in the business for much needed assistance, could be a tough call. I raised money and traded equity, but with my venture, I had to make one of the toughest decisions, to build it with some assistance of co-founders. Find the right co-founders. Save where you can.

Cofounder 124

Cofounder Sweat Equity Equity Dilution 124

www.virtuosimedia.com

MARCH 8, 2012

Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Before You Pitch To A Technical Cofounder.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

Austin Startup

JULY 23, 2010

No, not related to the famous Wendy’s founder.) Dave, Karen, and their family have been great neighbors over the years and, while we may go weeks sometimes not seeing much of each other, due to being involved in our separate professional and personal pursuits, we always know they have our back, just as we have theirs.

Sweat Equity 60

Sweat Equity Technical Review Software Review Austin 60

femgineer.com

JULY 18, 2010

If you’re a founder who is still trying to grasp the product roadmap and create a company vision its probably not a good time to hire an engineer. There are a lot of engineers out there who have been burned by founders who pull and push them in a variety of directions. Sweat equity or salary?

Engineer 41

Engineer Software Review Startup Technical Review 41

discuss.joelonsoftware.com

NOVEMBER 1, 2010

where I can learn about how to build a sweat equity team? where I can learn about how to build a sweat equity team? Rather, it is a proposal for sweat-equity investors. Equity partners need to have a hand in guiding the enterprise. Go to tech (or other relevant industry) events.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

infochachkie.com

SEPTEMBER 24, 2011

The ultimate irony is that when we later sold the Company for a substantial amount of money, it was discovered during due diligence that the prestigiously inept firm (whose name rhymes with a type of pasta) screwed up a basic corporate filing. We are in Nashville which is not tech friendly. John is a CPA and holds an M.B.A.

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

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

rapidrollout.wordpress.com

OCTOBER 23, 2010

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. How can I go about looking for a (very) good programmer willing to do this as sweat equity?

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Gust

MAY 24, 2012

Dual-class voting structures are receiving a lot of attention these days along with intense publicity related to the Facebook IPO , following in the wake of other recent tech IPOs with a similar structure such as Zynga and LinkedIn. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.

IPO 159

IPO Equity Common Stock Stock 159

philipsmith.typepad.com

SEPTEMBER 24, 2011

Working for equity only is, realistically, the way most startups have to get going. True founders - the gritty, enthusiastic, determined, change-the-world, passionate types - will do this for a long time, including well after they start paying others on staff some real cash. Then you find the people who just don't get it.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Austin Startup

JUNE 26, 2019

Many people have reached out sharing knowing and kind words about our journey and choice to wind down our venture, as well as their appreciation for my choice to pull back the curtain on what is statistically a common road for many founders. It details a landscape founders like me are excited to sink their teeth into? Of course not!

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

www.chubbybrain.com

SEPTEMBER 28, 2011

Also worth a read after you review these startup failure post-mortems. A month ago, half way through my angel funds raised from family members, I decided to review the progress I’ve made and figure out what still needs to happen to make this a viable business. We focused too much on technology. Company : Nouncer. Too much money.

Software Review 79

Software Review Startup Technical Review Vesting 79

Startup Professionals Musings

APRIL 2, 2013

It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. In fact, quite the opposite usually happens, due to complexity and work to switch. At the other extreme, too much confidence or arrogance can kill you just as fast.

Sweat Equity 277

Sweat Equity Intellectual Property Entrepreneur Viral 277

Startup Professionals Musings

FEBRUARY 24, 2012

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Another variation on this theme is the person who creates a “solution” from technology, and then makes up a “problem” that it will solve.

Sweat Equity 238

Sweat Equity Intellectual Property Startup Viral 238

Startup Professionals Musings

JANUARY 24, 2011

It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. In fact, quite the opposite usually happens, due to complexity and work to switch. At the other extreme, too much confidence or arrogance can kill you just as fast.

Sweat Equity 246

Sweat Equity Intellectual Property Viral Social Network 246

Startup Professionals Musings

JANUARY 24, 2010

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Another variation on this theme is the person who creates a “solution” from technology, and then makes up a “problem” that it will solve.

Sweat Equity 130

Sweat Equity Intellectual Property Startup Viral 130

techcrunch.com

FEBRUARY 19, 2010

Tech Gadgets Mobile Enterprise GreenTech CrunchBase TechCrunch TV Disrupt SF More TechCrunch TV Beta Invites Crunchies Elevator Pitches Gillmor Gang Podcasts TechCrunch Europe TechCrunch Trends TechCrunch France TechCrunch Japan Whats Hot: Android Apple Facebook Google Microsoft Twitter Yahoo Zynga Subscribe: Think Your Start-up Is Venture Worthy?

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

sivers.org

JUNE 25, 2010

They log in to translate the documents, one at a time, marking each finished when done, which sends the file back to the company for review.” Also important: Only go for providers who have great reviews from many past customers. Decline bids from providers without many great reviews. The translator rejects or approves.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84