Both Sides of the Table

FEBRUARY 20, 2019

If you haven’t raised any money or if you raised a small round from angels or friends & family I would suggest you avoid setting up a formal board unless the people who would join your board are deeply experienced at sitting on startup boards. just having a sparring partner with a vested interest in your success can be useful.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

The Startup Magazine

AUGUST 19, 2022

A constant flow of communication and information is useful for all levels of the construction business, architects, engineers, contractors, managers, construction workers, cleaners, etc. Productivity management and tracking. Adopting mobile technology is the future of construction work management and efficiency.

Operations 123

Operations Technical Review .Net Mobile 123

Startup Professionals Musings

JULY 1, 2022

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” 7% Product Manager,2 -.3% Thus, options don’t “pay the mortgage” today, so to speak.

Stock Options 343

Stock Options Advisory Board Stock Startup 343

Both Sides of the Table

AUGUST 15, 2012

I recently read Brad Feld’s thought provoking piece encouraging founders to sit on the board of another startup company. I found it thought provoking because I’ve always believed startup founders need extreme focus on only their company to succeed. You’ll get exposed to new management styles.

Founder 294

Founder Vesting Startup Stock 294

Austin Startup

DECEMBER 9, 2019

Watch out for the most common scam in startup world?—?Sputnik Another red flag is when a SIC member asks for equity in your company upfront, without any performance vesting standards. Watch out for the most common scam in startup world?—?Sputnik This is a bad deal for you, if you take it.

Vesting 72

Vesting Early Stage Seed Capital Equity 72

Startup Professionals Musings

JANUARY 15, 2021

Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. This is the purpose of a vesting schedule, which issues allocated stock over time. Key founder vesting should have no cliff. Limit board seats and manage member selection criteria.

Vesting 298

Vesting Dilution Stock Founder Vesting 298

Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Founder 325

Founder Hockey Stick Cofounder Liquidity Event 325

The Startup Magazine

FEBRUARY 21, 2024

The increasing inflow of capital into private credit necessitates rigorous underwriting standards and disciplined risk management. This hands-on approach is indicative of a vested interest in the success of the business, far removed from the notion of lending to “bad” companies.

Technical Review 133

Technical Review Due Diligence Bankruptcy Intellectual Property 133

Startup Professionals Musings

APRIL 10, 2016

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Early stage burn rates over $50K per month, or a runway of less than six months may indicate an inefficient or desperate startup.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Startup Professionals Musings

APRIL 8, 2015

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Early stage burn rates over $50K per month, or a runway of less than six months may indicate an inefficient or desperate startup.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

VC Adventure

AUGUST 16, 2020

The data change over time and, frankly, I’m less interested in debating what % grant your Director of Product Management should receive given your stage of company and capital raised, and more interested in the structure of your program. I’m also not going to give option bands for various positions.

Programming 149

Programming Vesting Equity Software Review 149

Both Sides of the Table

SEPTEMBER 27, 2012

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. Most of what I think about startup communities came from mentorship by Brad Feld through hours of private discussion and debate.

Community 378

Community San Diego Silicon Valley Los Angeles 378

The Next Web

AUGUST 26, 2013

Today, in steps 10-12 I want to discuss with you raising your first round of money, hiring to develop and maintain your company culture, as well as defining your role in the management of your startup. But never give away shares without vesting. Prepare to become a manager. Managing Your Own Psychology.

Management 120

Management Cofounder Startup Bootstrapping 120

View from Seed

JANUARY 5, 2016

I realize sports analogies for startups can feel trite, but as you think about the different phases of team-building in a startup, this one is actually pretty spot on. At the beginning, a startup team is typically just a couple of co-founders. To people and culture management in general? Basketball or football?

Founder 120

Founder Cofounder Startup Early Stage 120

The Next Web

NOVEMBER 20, 2013

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. There are a lot of variables to go into calculating a fair equity split a startup team. How do you manage your equity split in your company? Entrepreneur Analysis and Opinion'

Cofounder 136

Cofounder Equity Founder Seed Stage 136

YoungUpstarts

AUGUST 19, 2019

While there are other alternatives to start investing like robo-advisors, users typically underperform slightly in the market due to management and ETF fees. Everyone gets to learn something new and shares a mutually-vested interest in success. CEO of Voleo , Thomas Beattie has more than 15 years of experience in the capital markets.

Investment Bankers 147

Investment Bankers Technical Review Stock Vesting 147

David Teten

MAY 7, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. You must have a strong product management pedigree.

America 60

America Technical Review Advisory Board Due Diligence 60

David Teten

JULY 10, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. You must have a strong product management pedigree. I do not require an NDA.

America 60

America Technical Review Advisory Board Due Diligence 60

Startup Professionals Musings

AUGUST 10, 2019

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones.

Hockey Stick 243

Hockey Stick Cofounder Liquidity Event Startup 243

The Next Web

JUNE 21, 2015

We have books specifically for people at startups, a few specific to certain job functions, and a bunch that anyone working in the professional world can learn from. Suggested by: Brittany Berger , Content & PR Manager @ Mention. Suggested by: Brittany Berger , Content & PR Manager @ Mention.

PR 60

PR Startup Software Review Technical Review 60

Steve Blank

APRIL 10, 2019

VC’s have just changed the ~50-year old social contract with startup employees. In doing so they may have removed one of the key incentives that made startups different from working in a large company. For most startup employee’s startup stock options are now a bad deal. Why Startups Offer Stock Options.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

Startup Professionals Musings

FEBRUARY 27, 2016

Understating or overstating your request will likely kill your credibility or your startup in lieu of follow-on requirements. Be prepared to manage a crowd of inexperienced investors. Keep all IP details close to the vest. Many more of the funded startups fail to achieve business success, even with the money.

Non-disclosure Agreement 120

Non-disclosure Agreement Intellectual Property Technical Review Vesting 120

techcrunch.com

JUNE 22, 2012

Startup Battlefield. Free Startup Docs: How Much Equity Should Advisors Get? Free Startup Docs: How Much Equity Should Advisors Get? He covers startups, music, social, mobile, health, and education. So, the Founder Institute has developed a solution to this long-standing pain in the ass that all startups experience.

Equity 94

Equity San Francisco Startup Silicon Valley 94

The Startup Magazine

JANUARY 23, 2024

This may sound simple but issues could happen, especially if the warehouse manager is led to believe that some people are on site while they are not (or the other way round). Equip all staff with the necessary gear, including helmets, high-visibility vests, gloves, and steel-toed boots.

Vesting 128

Vesting Security Operations Product 128

Startup Professionals Musings

MAY 18, 2015

Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. This is the purpose of a vesting schedule, which issues allocated stock over time. Key founder vesting should have no cliff. Limit board seats and manage member selection criteria.

Stock 120

Stock Vesting Common Stock Founder Vesting 120

The Startup Magazine

AUGUST 3, 2021

That’s creating a boom in senior living startups activity in the senior care and housing markets. Here’s an outlook on what the 2021 nursing shortage means for senior living startups going forward. And that means startups in the sector have little choice but to go even further if they want to compete.

Startup 140

Startup Australia United States Vesting 140

OnlyOnce

SEPTEMBER 15, 2022

Short of declaring failure and shutting down your company, laying off employees is the worst thing you may have to do as a startup CEO. The post <strong>Best and Worst Practices (Plus FAQs) for Layoffs</strong> appeared first on The Startup CEO blog. I’ve had to lay people off on three separate occasions.

Salary 62

Salary Vesting Employee B2C 62

Both Sides of the Table

JUNE 18, 2015

I rarely talk to any startup entrepreneur or VC who doesn’t feel it and somehow long for simpler times despite the benefits we all enjoy from increased enthusiasm for our sector. And even this can’t stop their employees from fleeing after two years of vesting to move on to the next hot startup. Easier said than done.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

Up and Running

DECEMBER 1, 2015

Stock options are issued to employees usually through an Employee Stock Option Plan (ESOP) and include what is called a “vesting period.” The vesting period, often three or four years, frees up a percentage of the options for the employee to purchase the longer they stay at the company. Restricted stock: .

Equity 60

Equity Employee Stock Options Vesting 60

NZ Entrepreneur

MAY 27, 2019

Some time ago I came across a startup with six founders. Hence you need what they call in startup world a “technical” cofounder. So why should a well paid developer, engineer or maker give it up and come and work on your startup? Go to networking events, startup events and meetups and talk to people.

Technical Cofounder 64

Technical Cofounder Cofounder Technical Review Software Review 64

SoCal CTO

MARCH 1, 2007

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.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

Duct Tape Marketing

OCTOBER 8, 2023

Companies find value in this flexibility because it allows them access to expert advice without bearing the cost associated with employing someone at such level permanently; hence saving on overall CMO costs which could otherwise be prohibitive especially for startup companies. The key to successfully managing this type of schedule?

Technical Review 74

Technical Review Retention Networking Leadership 74

Startup Professionals Musings

JANUARY 29, 2018

Now is the time to talk to a qualified attorney, and get some discipline in place for the following strategies: Manage founder’s shares like gold with partners. Always specify a vesting period for new partners. To retain control of your business, you need to reclaim stock shares from anyone leaving the startup for any reason.

Stock 129

Stock Vesting Preferred Stock Cofounder 129

Tim Keane

DECEMBER 14, 2009

Startups and angels: Along the way to success. Starting Startups.    Read   Want to Start a Startup ?   A way to fund a startup is to get a job.    vesting (of founders stock) is a way for founders to protect themselves from one another.  Starting Startups.

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Steve Blank

MAY 19, 2015

Startups focus on speed since they are burning cash every day as they search for product/market fit. While technical debt is an understood problem, it turns out startups also accrue another kind of debt – one that can kill the company even quicker – organizational debt. And Tom wasn’t going to get it from his board.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

SEPTEMBER 25, 2019

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” 7% Product Manager,2 -.3% Thus, options don’t “pay the mortgage” today, so to speak.

Equity 237

Equity Stock Options Advisory Board Stock 237

Startup Professionals Musings

OCTOBER 21, 2017

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” 7% Product Manager,2 -.3% Thus, options don’t “pay the mortgage” today, so to speak.

Stock 140

Stock Stock Options Advisory Board Startup 140