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What to expect before accepting the offer to become Engineer #1 at a startup

The Next Web

Startup employees are granted common shares out of something called an option pool. It is typical for employees to vest their options over four years with a one year cliff, which means a new hire must stay on the company for at least one year to see any shares. What’s everyone else getting?

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The Option Pool Shuffle

venturehacks.com

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS The Option Pool Shuffle by Nivi on April 10th, 2007 “Follow the money card!&# – The Inside Man, Three-Card Shuffle Summary: Don’t let your investors determine the size of the option pool for you. Don’t lose this game.

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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. See Bessemer Venture Partners’ A comprehensive guide to security for startups. Cobalt for General Partners helps GPs to optimize their fundraising strategy. 1) Manage the firm

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Post-money valuation probably no higher than $12M (2). Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Pre-money valuation was approx. Pre-money valuation was approx. Led by Oak Investment Partners with participation by General Catalyst, Sequoia, & Accel and others.

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Comparing valuations between rounds

The Equity Kicker

We’ve just been writing an update for investors about the progress our partner companies have been making. A few of them have done good up rounds and the easiest way to describe the magnitude is to talk about the valuation multiple. Twelve months later the company raises a further £8m at £8m pre-money and hence £16m post-money.

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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

This is a fundamental issue that does, indeed, boil down to understanding the post-money valuation of a company. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. But it is also a topic that many find esoteric and difficult to grasp.

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5 Tips for Raising a Venture Round

ReadWriteStart

If you're earlier in the process, a small angel round or partnering with an accelerator may be the best approach. Next if you are going to raise a round, find one or two partners to do it with. It turns out Premature Scaling is the leading cause of hemorrhaging cash in a startup, and death. Tip 2: Have a "real" lead.

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