Both Sides of the Table

article thumbnail

Should You Really Sit on Other Boards When You’re a Startup Founder?

Both Sides of the Table

You’ll have a peer relationship with another CEO that you have a vested interest in that crosses over to a board – CEO relationship. . You’ll get exposed to new management styles. You’ll understand “fiduciary responsibility” more deeply. . You’ll experience different conflicts that you won’t have the same type of pressure from.

Founder 294
article thumbnail

Who Should be on Your Startup Board?

Both Sides of the Table

just having a sparring partner with a vested interest in your success can be useful. But gone are the days where VCs put dollars into companies and ask founders to step aside quickly so that the VC can install their favorite management team. Can I really manage a 7-person board plus 2 board observers? Legally speaking.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Do Less. More.

Both Sides of the Table

And even this can’t stop their employees from fleeing after two years of vesting to move on to the next hot startup. ” I spend more time helping manage Upfront Ventures so that we as a firm are better prepared as a team to succeed vs. just any individual. For investors life is no different.

article thumbnail

The Case for In-Stream Advertising

Both Sides of the Table

I find it totally acceptable because I believe Robert has high integrity and manages church / state issues himself. Again, I personally trust Michael and Jason to manage this quality. I have a vested interest – not just due to an investment in Ad.ly Who decides? If he didn’t, I would unfollow him. I assure you Ad.ly

article thumbnail

What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Eric Paley , managing partner at Founder Collective , told me that they had implemented a city-wide program in Boston to help local university students get internships at local tech startups. And they have a vested interest in this success. The key is to be able to keep the best ones local. And they have much more experience to do it.

Community 378
article thumbnail

Is it Time for You to Earn or to Learn?

Both Sides of the Table

If you’re thinking about joining as the director of marketing, product management manager, senior architect, international business development lead, etc. Stock vests for 4 years. Or you have to hit the lottery and be an early player middle management player at Google, Facebook, MySpace or Twitter. Wait a second.

article thumbnail

Never Hire Job Hoppers. Never. They Make Terrible Employees

Both Sides of the Table

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. “My stock was already vested so it was time to move on.&# What I hear – “You’re in it for the money. Job hoppers are the first people to the door.

Hiring 392