Remove Hiring Remove Option Pool Remove Partner Remove Reputation
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The BSList - Busted Cap Table (No. 104)

This is going to be BIG.

It’s this part: “I’m getting inbound from investors…” Nearly all of the inbound VC interest happening out there is from non-partner investors (i.e. A check-writing partner reaches out to you. Here’s the option pool that I think fairly incentivizes you. What does real excitement look like?

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How to Fund a Startup

www.paulgraham.com

One of the dangers of taking investment from individual angels,rather than through an angel group or investment firm, is that theyhave less reputation to protect. The fund managers, who are called"general partners," get about 2% of the fund annually as a managementfee, plus about 20% of the funds gains. Dont be misled by thisoptimism.