Altgate

AUGUST 25, 2012

—————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Choe opted to forgo a cash payment “in the thousands” for the equity equivalent at the time. Re-posted from post co-authored with Prof. million.

Equity 28

Equity Vesting Cap Table Technical Review 28

Up and Running

NOVEMBER 27, 2013

Adi Bittan, co-founder of a startup that failed due to a bad partnership. They even suggested that I should get less equity in the company because I didn’t bring the same amount of skill to the table.” They were just about to launch their product when the financial collapse happened in 2008.

Partner 126

Partner Cost Technical Review Cofounder 126

Startup Professionals Musings

NOVEMBER 4, 2013

They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control. IPOs in 2008, the market was up to a still trivial 128 in 2012 (compared to 675 in 1996). After a record low of 39 U.S.

IPO 224

IPO Founder Exit Strategy Investment Bankers 224

Both Sides of the Table

JUNE 22, 2011

I recently spoke at the Founder Showcase at the request of Adeo Ressi. I said that at the Founder Showcase, too. But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit).

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

David Teten

AUGUST 6, 2013

I was visiting as part of Terrapinn Private Equity World, a leading private equity conference for the Latin American technology community. Endeavor recognizes that although entrepreneurial activity already exists in Miami, it remains difficult for founders to reach scale. (from my guest column in the Miami Herald ).

Miami 114

Miami Private Equity Florida Technical Review 114

Both Sides of the Table

MAY 19, 2010

Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010. Gilt Group is currently the largest private sale web site in US.

Partner 240

Partner New York City Cofounder Syndicate 240

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. So even within the “alternative class&# our LPs are looking at other asset investment choices such as distressed buyout funds, private equity or hedge funds. Our current fund was raised in 2008/09.] VC will shrink. Oh yes it will.

LP 311

LP Technical Review Early Stage Silicon Valley 311

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. Captain Recruiter. Real Advice. No Nonsense.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Steve Blank

MARCH 17, 2020

But investors with grey hair can remember the nuclear winter after the past recessions of 2000 and 2008 and can offer some historical patterns of crashes and recovery to CEOs running early stage startups – some who weren’t born when the crash of 1987 hit, were 10 years old in the crash of 2000 and 18 in the last crash of 2008.

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? For example, you can barter for a service or you can negotiate payment terms or even equity for service. The best early PR is a product that people actually love plus a genuine story to tell from the founder. To that I say baloney.

Software Review 65

Software Review Offshore Startup Boston 65

The Next Web

JANUARY 14, 2014

If you’re a startup founder, how much should you pay yourself? In Silicon Valley, 75% of founders pay themselves less than $75,000 per year and 66% pay themselves less than $50,000 per year, according to the data. It aligns his interest with the equity holders. Does the stage that a startup is at affect its founders’ salaries?

Salary 167

Salary Silicon Valley San Francisco Founder 167

Steve Blank

MARCH 31, 2014

Since the financial crisis of 2008, policy makers have kept interest rates at near zero, flooding the market with cheap money in an attempt to restart growth. Today billions of dollars that companies could have invested in innovation are sitting in the hands of private equity funds. We legalized robbing the corporate treasury.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

YoungUpstarts

NOVEMBER 17, 2020

New business applications are the highest since 2008, reports the Wall Street Journal. Start building your network of support – it may be a co-founder, a mentor, a contractor, an employee, or an investor. Keep that in mind as you lie awake at night worrying about sales, or you are struggling to close an equity round.

Entrepreneur 259

Entrepreneur Cofounder Startup SEO 259

Both Sides of the Table

SEPTEMBER 29, 2009

This came in part due to the huge influx of money into VC but also because hedge funds and private equity shops with no VC experience wanted part of the action. Bu when you start to worry that the world is ending (as it seemed it was in late 2008 / early 2009) you tend to get worried about large burn rates.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008). 2010 Net Income: $8 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

The Startup Magazine

NOVEMBER 13, 2018

The global financial crisis started in 2007 and it went on for much of 2008. He started enjoying success in 2008 when Inc. Peter is the founder of Bay Street Capital Partners. Guss is 28 years old and he is the co-founder of Octane Lending. In 2014, the company raised $28 million in shareholder equity. Peter Gylfe.

Cofounder 143

Cofounder Venture Capital India Valuation 143

rapidrollout.wordpress.com

JANUARY 15, 2011

Who Uses a Consulting CTO I’m going to focus on the needs of the founders of startup companies: Founders of startups use a consulting CTO when they have business vision but limited knowledge of the technology needed to launch their company. And finally, you may be able to avoid diluting your equity.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

Altgate

OCTOBER 1, 2010

To the right of that are five charts one each for: Current Equity Equity at Hire Base Salary Target Bonus Actual Total Cash Each of these bar charts shows the respective compensation for the management team on a percentile scale (compared to the cohort). I would love to hear your thoughts. Bookmark the permalink.

Part-Time VPE 39

Part-Time VPE Startup Salary Equity 39

Up and Running

SEPTEMBER 5, 2017

While private equity has a history in the U.S. that dates back over a century , the “boom or bust” period of the 1980s to early 1990s is considered the period that marks the rise in private equity and venture capital funding as we know it today. According to Fortune , in 2006, female founders were involved in only 2.95

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

David Teten

SEPTEMBER 5, 2014

This is particularly true in New York, where their traditional financial services industry client base has sustained significant damage since the 2008 financial crisis. Our founders realized that investors needed to learn interactively, on-demand, on very specific topics, and in an atmosphere of trust.

New York 114

New York Technical Review Networking Advisory Board 114

femgineer.com

JULY 18, 2010

If you’re a founder who is still trying to grasp the product roadmap and create a company vision its probably not a good time to hire an engineer. There are a lot of engineers out there who have been burned by founders who pull and push them in a variety of directions. Sweat equity or salary?

Engineer 41

Engineer Software Review Startup Technical Review 41

Austin Startup

AUGUST 9, 2021

It is the first senior appointment to Chargify’s C-suite level team since it was first announced in April 2021 that Battery Ventures led a combined majority growth-equity investment of more than $150 million in Chargify and SaaSOptics.

Revenue 72

Revenue Georgia Texas Colorado 72

Austin Startup

NOVEMBER 25, 2018

It was there that I met Eric Simone (one of the first investors in Bazaarvoice) as well as Josh Baer (one of the first investors in Bazaarvoice through his team building our first solution and getting paid primarily in equity versus cash). Still in business today and run by my co-founder. 2008 Harvard Business Review.

Bootstrapping 48

Bootstrapping Austin Equity Cofounder 48

Both Sides of the Table

APRIL 28, 2010

Summit is a hugely respected firm in Silicon Valley and a long-term “institution&# but they’re better known as more of a “private equity&# investor meaning that they do later stage investments in much larger companies that are profitable. What I found strange about this funded was the fact that it was led by Summit Partners.

Venture Capital 270

Venture Capital Cofounder Spain San Diego 270

The Next Web

FEBRUARY 1, 2015

In North America, seed funds now represent 67 percent of all VC funds, up from 33 percent in 2008. The CEE region is no different: according to European Private Equity and Venture Capital Association, the number of seed deals has increased 19x over the past four years.

Term Sheet 60

Term Sheet North America Private Equity Seed Stage 60

Startup Professionals Musings

SEPTEMBER 30, 2012

They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control. IPOs in 2008, the market was up to a still trivial 159 in 2011. After a record low of 39 U.S.

Exit Strategy 239

Exit Strategy IPO Investment Bankers Entrepreneur 239

The Equity Kicker

SEPTEMBER 8, 2016

In 2008, that was 2 out of every 3 people on the planet. When things don’t go according to plan, balancing the need for positivity with the need for realism is one of the most difficult tasks founders face. Many paid thousands of dollars to travel around the globe to be there. What the hell is going on here?

Founder 60

Founder Startup Entrepreneur 60

View from Seed

JANUARY 26, 2016

For reference, First Round Capital and Softech were founded in 2004 (although they were less institutional early on), Floodgate in 2006, Harrison Metal in 2008, etc. So, between 2008 and 2013, the early-stage landscape looked more like the middle segment of the chart. technical co-founder). FWIW, that is not how we operate.).

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

www.copelandfirm.com

OCTOBER 21, 2010

Home About Fee Arrangements Location Referrals Testimonials Business Law HUB Certification Mergers & Acquisitions Startup Advice Intellectual Property Copyrights Trademarks Securities Law Debt and Bridge Financing Series A Startup Law Entity Formation Corporation LLC Series LLC RSS Founders Shares: How do you split them up?

Intellectual Property 40

Intellectual Property Founder Vesting Bridge Financing 40

Startup Company Lawyer

MARCH 14, 2010

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). Y Combinator Series AA Equity Financing Documents (by WSGR). under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Version One Ventures

NOVEMBER 29, 2016

This is why it was so great to hear from Indiegogo co-founder Slava Rubin on how Indiegogo grew by 1) expanding into different verticals and 2) expanding into different products. Film was Indiegogo’s first campaign category when the platform launched in 2008. Here are some of the main takeaways from Slava’s talk.

San Francisco 60

San Francisco Vertical Equity Cofounder 60

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

dondodge.typepad.com

JANUARY 15, 2011

Community is more powerful than money or technology » August 11, 2007 How much equity for investors and employees? How much equity should I give up? How much equity should I grant to early employees? No loss of equity, at least until they convert at Series A. How much equity should be given to employees?

Equity 40

Equity Employee Dilution Valuation 40

Rob Go

SEPTEMBER 6, 2011

A few years ago, it was Private Equity, then Real Estate, then Hedge Funds. His name is Jason Jacobs – he’s the founder of Runkeeper (a mobile fitness system with over 6M downloads, funded by the excellent folks at OATV ). But being an entrepreneur is in vogue and has been for a while.

Founder 59

Founder Private Equity Syndicate Syndication 59

Both Sides of the Table

SEPTEMBER 5, 2012

This time by the efforts of Adeo Ressi to introduce a new kind of structure called “ convertible equity.” My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

The Next Web

JANUARY 28, 2014

We are a community that is always in beta, that’s how you get things done,” says Kalu Yala’s founder Jimmy Stice. Tactivate founder Jesse Levin brought guests on private helicopter rides on the last day of the event.). Stice purchased the land in 2008, and accepted his last investment check in 2010.

Panama 166

Panama Cofounder Startup America 166

Both Sides of the Table

OCTOBER 14, 2015

The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005.

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150