article thumbnail

8 Keys To Maximizing Your New Venture Stock Net Worth

Startup Professionals Musings

Make sure the government waits for a stock sale to collect taxes. This is the purpose of a vesting schedule, which issues allocated stock over time. Key founder vesting should have no cliff. Accelerate your own vesting if pushed out or the startup is acquired. Limit board seats and manage member selection criteria.

Stock 240
article thumbnail

How To Prevent Your Founder’s Shares From Vaporizing

Startup Professionals Musings

Make sure the government waits for a stock sale to collect taxes. This is the purpose of a vesting schedule, which issues allocated stock over time. Key founder vesting should have no cliff. Accelerate your own vesting if pushed out or the startup is acquired. Limit board seats and manage member selection criteria.

Vesting 298
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: It’s a startup world

NZ Entrepreneur

Underpinning this growth is good governance. In order to understand startup governance, you need to understand risk and reward. So managing risk in a startup is less about compliance, it’s more about being as brave and ambitious as you can without breaking things. This equity will vest over 2-3 years. Risk and reward.

article thumbnail

Sample Conflict of Interest Questionnaires for Nonprofit Boards

Board Effect

A conflict of interest exists when a board member, officer, staff member, or volunteer has a vested interest in money, status, relationships, or reputation that has the potential to compromise their actions, judgment, or decision-making. How the conflict was managed. A conflict occurs when you have a vested interest (i.e.

Vesting 98
article thumbnail

What Are the Three Types of Organizational Conflict of Interest?

Board Effect

Often, this happens because someone has a vested interest such as money, status, knowledge or reputation that places them in a position where the position calls the objectivity of their decision-making into question. This often happens when a subcontractor or team member formerly worked for the government.

article thumbnail

Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

These might include, e.g., mitigating climate change, strengthening democracy, enforcing ethics in government, promoting national security, and protecting against information warfare. . For 2 years, I’ve been struggling to think what I can do to help make America functional again, in light of how broken our governance is.

America 60
article thumbnail

Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

Our initial test market: We want to make America functional again by helping our users, such as major advocacy organizations and corporations, promote majoritarian-supported policies, e.g., mitigating climate change, strengthening democracy, enforcing ethics in government, promoting national security, and protecting against information warfare. .

America 60