article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. I spoke with Thatcher Bell , Managing Partner, CoVenture.

article thumbnail

Entreprenuer Network

SoCal CTO

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Debt, Equity and a Third (and Fourth) Thing that Might Work Better

Software By Rob

Not only are you getting financing with little risk, but with customer financing you have someone in the industry with a vested interest in your product succeeding. This situation is so unbelievably advantageous to a startup it’s like strapping rockets to your running shoes.

Equity 42
article thumbnail

Why We Prefer Founding CEOs

Ben's Blog

joined as a General Manager of the Computing Tabulating Recording Company, but renamed the company International Business Machines and turned it into the IBM we recognize today. In retrospect, it seems totally natural that Larry Ellison transformed Software Development Labs from a consulting business into a software company called Oracle.

article thumbnail

Building a sweat equity team

discuss.joelonsoftware.com

Im confident that this business will be able to compensate these two additional principles along the way, after initial risk of investing their time, and will later reward their vesting with an exit strategy. This isnt really a start-up team-- Ive been doing the business for 14 years.

article thumbnail

Unique Careers: Jenn Labin on hiring entrepreneurs at heart

Transformify

Many recruiters and hiring managers are avoiding candidates having an entrepreneurial mindset as they are perceived as ‘’ dreamers’’ who will always search for something new somewhere else. The sponsor is a person who is not a direct manager but has a vested interest and is willing to help. Sponsorship.

Hiring 61
article thumbnail

Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Just ensure you understand your numbers and manage them well. $50 Entrepreneurs always struggle with competing priorities and manage expenses very closely. What you measure, you manage). Facebook is simple / AdWords is harder but works. LinkedIn might work. 50 dollars for a qualified lead might be a good target. Hope that helps.