View from Seed
APRIL 27, 2020
Others are just starting out, but the financial safety net they thought they had from a spouse’s job or highly appreciated stock options has disappeared. We believe that with focus and diligence, companies can be evaluated and rapport with founders can be built in an efficient time frame. This is scary.
Up and Running
SEPTEMBER 10, 2014
Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). They are professionals with full-time jobs, who often don’t have time for due diligence (and may not even know how to do it) and often make decisions through trusted referrals or based on gut feelings (more on gut feelings later).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Up and Running
DECEMBER 16, 2021
Some reasons why include needing a more detailed picture of your company’s value, submitting taxes, outlining employee stock option plans, or presenting to investors or creditors. Software (system and application) 0.7 For many business owners, getting a formal valuation is worth the investment. Computer peripherals 2 5.8
Both Sides of the Table
JULY 29, 2010
Mark Jeffrey - Q: “Is it more traditional to do your ESOP (employee stock option plan) before or after your angel or Series A funding?&# I talked about the need to have a restricted stock plan for your earliest employees. Angels have a much lower threshold for returns than do VCs. This is minutes 8-11.
www.joelonsoftware.com
MARCH 24, 2010
Joel on Software Fog Creek Compensation by Joel Spolsky Wednesday, August 30, 2000 At Fog Creek Software, the way we make sure that people are paid fairly and rewarded for excellent work is based on a professional ladder. So all Fog Creek software engineers are ranked at one of several different levels, level 8 through level 15.
Both Sides of the Table
AUGUST 28, 2009
We went through the euphoria of massive exposure at the time of our launch due to an article that ran in the Financial Times. Our software wasn’t fully baked. We had one of the largest US software companies talk about buying us. We do hand out stock options. We were unprepared. We drank our own Kool Aid.
VC Adventure
AUGUST 15, 2018
There’s a little noise in a few spots in the data (due to small numbers of samples in certain categories) but the numbers were pretty concentrated around the average of 36% of the last preferred round no matter how you slice it. So 30%-40% is the range.
Expert insights. Personalized for you.
194 
Let's personalize your content