Genuine VC

JUNE 12, 2012

We’re coming up on our 5th birthday; we have ~250 employees with offices in New York, SF, and London; we have contracts with 70 large customers, including most of the biggest in our space; our investors are [three top Silicon Valley firms].But No one has ever been promoted onto the management team, only hired in from outside.

Vesting 112

Vesting Silicon Valley Startup New York 112

Reid Hoffman

DECEMBER 10, 2020

To honor the Alliance it had made with those former employees, Airbnb waived the usual vesting cliff so that they could exercise their stock options, and provided generous severance packages. Once the initial crisis management was complete, the question Airbnb asked itself was, “How do we adapt to this new world?” CONCLUSION.

Hosting 69

Hosting Hockey Stick IPO Silicon Valley 69

Both Sides of the Table

MAY 5, 2011

Seattle should be the envy of any non Silicon Valley tech community in the country. They have the same trade-off decisions that you do about packing up and moving to Silicon Valley vs. staying and building locally. The ingredients are all here. Stating the obvious but you can’t will a region into success.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Austin Startup

AUGUST 20, 2017

Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. That will keep the Silicon Valley wags buzzing for some time to come. Are the logistics manageable? Keep the valuations consistent with company progress. How about your Investors ?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Altgate

APRIL 28, 2012

They soon learn that the rest of the management team doesn’t feel the same way, and often lose their best hires when they refuse to pay market rates. Vesting is a tailored way to keep execs on board. The Truth: Of the more than 15,000 non-founding executives in our database, a stunning 77% of them had four years of vesting.

Silicon Valley 50

Silicon Valley Vesting New York City Equity 50

Both Sides of the Table

APRIL 22, 2010

Look at some of the uber-successful icons of Silicon Valley / Technology: Larry Ellison, Steve Jobs, Bill Gates, Larry/Sergey, Eric Schmidt, Andy Groves, John Doerr. And he has already vested 75% of his stock options at your company. Just don’t give up one of your valuable full-time management positions.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

www.noamwasserman.com

MARCH 26, 2012

They soon learn that the rest of the management team doesn’t feel the same way, and often lose their best hires when they refuse to pay market rates. Vesting is a tailored way to keep execs on board. The Truth: Of the more than 15,000 non-founding executives in our database, a stunning 77% of them had four years of vesting.

Silicon Valley 40

Silicon Valley Vesting New York City Equity 40

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. One startup I joined was very proud that they had been ‘accepted’ as a client by a prestigious Silicon Valley law firm whose name rhymes with a type of pasta (they are lawyers after all, so I have to be careful here…).

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Diego Basch

JULY 1, 2014

I was told that I was interviewing to replace employee #7 (everyone talked about their own employee number) who was leaving because he was fully vested that month (red flag). It was my first encounter with the “creative minds of Silicon Valley” in their natural environment. At first glance I was impressed with the place.

Silicon Valley 73

Silicon Valley Coder Vesting Open Source 73

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. Socio is an event-management platform that helps companies launch custom apps for their events. Vested Technology spent $17k on their MVP.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Steve Blank

OCTOBER 24, 2017

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

Founder 245

Founder Technical Review CTO Hire IPO 245

Both Sides of the Table

MAY 13, 2010

Biz Dev is pissed off because they can’t sign deals when they can’t get commitments from product management to agree to product integration plans. And in public companies we used to mockingly rename their titles to CVO … Chief Vesting Officer. But if they’re non performing, they’re non performing.

Entrepreneur 330

Entrepreneur Silicon Valley United States Technical Review 330

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. Socio is an event-management platform that helps companies launch custom apps for their events. Vested Technology spent $17k on their MVP.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

Professor VC

FEBRUARY 26, 2008

The last blogger in Silicon Valley. Challenge the Status Quo - StubHub entered an industry dominated by a couple of large players who had a vested interest to block the legality of their business of providing a marketplace for the sale of tickets in the secondary market. ProfessorVC. Tuesday, February 26, 2008.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

Campus Entrepreneurship

APRIL 11, 2012

Carey at the Chronicle, A Future Full of Badges : Meanwhile, across the mountains, in Silicon Valley, the Mozilla Foundation was also thinking about the future. But it would also include evidence of the applicant’s specific skills, like “integrated pest management,” which he might have learned working on a farm.

Metadata 37

Metadata Silicon Valley Vesting Portfolio 37

Startup Lessons Learned

JUNE 9, 2020

5:01) Brian's thoughts on the human dimension to his approach and how that sets him apart in Silicon Valley. (6:06) 59:03) The need for creativity, intuition and compassion in Silicon Valley and business. (1:00:23) 59:03) The need for creativity, intuition and compassion in Silicon Valley and business. (1:00:23)

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

www.paulgraham.com

OCTOBER 23, 2010

Silicon Valleydominates, then Boston, then Seattle, Austin, Denver, and New York. Even in New York the number of startups percapita is probably a 20th of what it is in Silicon Valley. Poor Investor Management As a founder, you have to manage your investors. Afterthat theres not much. Why is the falloff so sharp?

Startup 108

Startup Software Review Hiring Detroit 108

Professor VC

SEPTEMBER 24, 2009

The last blogger in Silicon Valley. The point is their opinions werent clouded by any vested interest or lengthy analysis. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. ProfessorVC. Thursday, September 24, 2009.

San Jose 33

San Jose Angel Investor Venture Capital Mezzanine 33

maplebutter.com

JANUARY 8, 2013

Just ensure you understand your numbers and manage them well. $50 Entrepreneurs always struggle with competing priorities and manage expenses very closely. I have 2 options: set up a new startup or share my idea with google (or maybe another big silicon valley’s company). What you measure, you manage).

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.chubbybrain.com

SEPTEMBER 28, 2011

Go vest yourself. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders. It’s a pain to manage payroll, unemployment, insurance, etc in one state. Believing that any startup won’t have to deal with stock vesting issues is totally unrealistic.

Software Review 79

Software Review Startup Technical Review Vesting 79

Diego Basch

SEPTEMBER 25, 2012

In the words of Fred Wilson: VCs are professional money managers. Perhaps you get a serious offer, and you do the math: saying yes would make you a multimillionaire with 100% certainty (let’s leave the issue of vesting aside, as it may not change the order of magnitude depending on what you negotiate). Your mileage may vary.

Silicon Valley 73

Silicon Valley Entrepreneur Stock Options Vesting 73

Both Sides of the Table

FEBRUARY 14, 2016

” “Mark has a vested interest in talking down valuations of startups.” Back then Michael Arrington accused some of Silicon Valley’s top seed funds of “colluding” by meeting secretly to talk down the valuation of startups. ” “This will be great for VCs and bad for entrepreneurs.”

Valuation 150

Valuation Down Round Startup Later Stage 150

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? If your question is available, choose it from the list.

Equity 40

Equity Employee Founder Cofounder 40

Professor VC

OCTOBER 11, 2010

The last blogger in Silicon Valley. Also, be sure to include vesting for all founders. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. ProfessorVC. Monday, October 11, 2010. Is There Any Truth in "The Social Network"?

Social Network 28

Social Network Networking Software Review San Jose 28

venturehacks.com

OCTOBER 21, 2010

If you don’t keep your eyes on the option pool while you’re negotiating valuation, your investors will have you playing (and losing) a game that we like to call: Option Pool Shuffle You have successfully negotiated a $2M investment on a $8M pre-money valuation by pitting the famous Blue Shirt Capital against Herd Mentality Management.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

www.readwriteweb.com

FEBRUARY 23, 2010

7: Invest in Advisors : Give away a small amount of stock to advisors (which they can vest after a few years) who you can call on in a pickle or for general advice as issues arise. I find people hiring people they feel they can manage. The same crowd that attends the events also goes to the parties, but the parties are free.

Entrepreneur 69

Entrepreneur Venture Capital San Francisco New Zealand 69