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Got "Founder Fit?" If You Want Venture Capital, You Need It

Up and Running

Boris is currently based in Vancouver, Canada and has been since 2002, after his own company, JustBooks, was acquired by AbeBooks. Paul Graham, another notable investor and co-founder of seed capital firm, Y Combinator, looks for the equivalent of “passion” before deciding whether or not to invest in a founder.

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How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

For example, when we started LinkedIn at the end of 2002, each member of the founding team essentially had a couple chunks of founders’ common stock. And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company.

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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

For example, when we started LinkedIn at the end of 2002, each member of the founding team essentially had a couple chunks of founders’ common stock. And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company.

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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

For example, when we started LinkedIn at the end of 2002, each member of the founding team essentially had a couple chunks of founders’ common stock. And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company.

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Cake Over Heels – In Love With Baking

YoungUpstarts

But it was in Sydney that his baking skills came to the fore – he started baking out of boredom in 2002 for a friend’s birthday party, and when the cake received rave reviews he became de-facto baker for gatherings. So the partners put together S$200,000 as seed capital and finally started Cake Over Heels in May this year.

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