Feld Thoughts

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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

The founders each have common shares that will vest over four years. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. Bring Praveena in as a founder and offer 10-20% of the company as stock. Time to update the cap table.

Cap Table 133
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What Just Happened With OnLive?

Feld Thoughts

The first articles were weirdly hostile with a focus on how OnLive just laid all their employees off in preparation for a sale in order to enrich the founders/investors at the expense of the employees. The founders equity, the investors equity, and the employees equity. Companies fail – all the time.

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Take Responsibility For Your Company’s Actions

Feld Thoughts

This was especially true with a few entrepreneurs struggling to raise money, or asking questions about situations they had gotten themselves into, such as a poor allocation of equity to co-founders, where a co-founder had left, but there hadn’t been any vesting.

Cofounder 149
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Warning To All Entrepreneurs About Bad Investor Behavior

Feld Thoughts

There are two founders and they’ve been talking to a VC they met several months ago. This soon to be ex-VC said something to the effect of “I can easily raise you money with a couple of phone calls, but I want to be a co-founder of the company and have an equal share of the business.&#. The answer was no and no.

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Finance Fridays: Getting Started – Allocating Equity and Founder’s Investment

Feld Thoughts

Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.

Equity 137
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The Great Internet Stock Correction of 1997, or 1999, or …

Feld Thoughts

I was a co-founder and co-chairman. Most have an agenda or a vested interest. A few months later the public markets for Internet stocks turned around and we closed a $330 million fund which ended up doing extremely well. In 1999 we filed an S-1 to take Sage Networks public.

Stock 140
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NEXT by Startup Weekend in Boulder

Feld Thoughts

The ability to work on your idea – something that you’re vested in and passionate about – and the confidence to take that idea to a competition or accelerator. Single founders can sign up, but co-founders are encouraged to attend together. for more questions.

Startup 130