Agile VC

JUNE 5, 2011

The latter typically excludes taxes and non-cash expenses like taxes, depreciation, stock option compensation, etc… Groupon’s Adjusted CSOI is exactly the same but also excludes customer acquisition costs (though these are reported elsewhere). What’s Your Favorite Future?

North America 100

North America Chicago Boston Silicon Valley 100

chrischandler.name

NOVEMBER 1, 2010

Your stock options are worth zero until you successfully exit and, even then, only if the strike price is better than market value. Proof of execution is what matters today, not ideas. It’s not that somebody is working for free, it’s that they’re working for a better long-term payoff.

Equity 40

Equity Developer Entrepreneur Syndicate 40

Agile VC

FEBRUARY 2, 2012

3) Employee Stock Purchases Are a Near-Term ATM - Facebook has issued a combination of stock options and more recently restricted stock units (RSUs) as compensation to employees. What’s Your Favorite Future?

IPO 100

IPO South Korea Venezuela Revenue 100

www.paulgraham.com

APRIL 28, 2010

Ifyour competitors offer employees stock options that might make themrich, while you make it clear you plan to stay private, yourcompetitors will get the best people. Some angel investors join together in syndicates. Those that dont fail all seem to get boughtor go public. Startups valuations aresupposed to rise over time.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76