chrischandler.name

NOVEMBER 1, 2010

If you’ve considered finding and asking a developer for his or her time in exchange for sweat equity, I’m going to strongly advise you against it. All the engineers I trust to execute a project swiftly, professionally and with quality, especially under startup conditions, will not touch an upfront equity deal with a 10-foot pole.

Equity 40

Equity Developer Entrepreneur Syndicate 40

www.drowningamerican.com

JUNE 22, 2012

Next → How to Hire for Sweat Equity…. That being said the following is available to the right candidate: • 3-5% equity in the company (based on experience). • $50,000/year salary once we obtain funding (target: January, 2010). And now I’m trying to get my own team, and have them work for equity.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

The Startup Magazine

JANUARY 15, 2020

The company recently announced its first minority investment, from Spectrum Equity. That personal approach to software development has been a key feature of Kajabi’s culture since the company launched in 2010. Customers aren’t the only ones who find resonance in Kajabi’s platform. Investor Input?

Software Developers 81

Software Developers Software Development Equity Software 81

Both Sides of the Table

AUGUST 30, 2010

Convertible debt is an investment that “converts&# into equity in the future usually at a discount to your next funding round price and sometimes has a “cap&# (maximum price). prefer equity to convertible debt): If you’re an early stage investor (e.g. a priced/valued preferred stock financing)?&#.

Equity 319

Equity Early Stage Angel Investor Valuation 319

Agile VC

APRIL 17, 2011

In 2010 I deconstructed the filings for GameFly and Quinstreet. GameFly filed in 2010 and remains in registration, though 2011 has seen a positive start for VC-backed IPOs with 14 in Q1 2011. Filing Date: initial S-1 filed Nov 17, 2010 , updated March 9, 2011. Financial Snapshot: 2010 Revenue: $170 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. Every day, 5% of the entire online world visits a customer running on the WP Engine Digital Experience Platform. The majority of the funds pay back our early investors who believed in us enough to trust us with their money.

Engineer 152

Engineer Revenue San Francisco Security 152

SoCal CTO

APRIL 8, 2010

If I Launched a Startup - The Startup Lawyer , March 17, 2010 Great advice on initial steps of setting up a Startup. 9 Reasons Why Many Smart People Go Nowhere - Life Beyond Code , March 29, 2010 You would have met many smart people who live a mediocre life. There are MANY of them. You might be surprised why this is the case.

Software Review 150

Software Review Startup PR Exit Strategy 150

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. .

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Steve Blank

OCTOBER 10, 2011

In 2010 it got worse with an Act in parliament about the Monitoring of Foreigners’ Corporate Acquisitions. You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. Instead the business press dumped on the founders for “selling out.”

Finland 324

Finland Naming Russia Government 324

Feld Thoughts

NOVEMBER 18, 2013

His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). So why would you treat your debt investors (somewhat) like equity investors?

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

SoCal CTO

SEPTEMBER 8, 2010

This continues my series of posts: Top 30 Startup Posts for July 2010 Top 30 Startup Posts in June 2010 Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March Here they are: How to Minimize Politics in Your Company - Ben's Blog , August 24, 2010 “Who the f@#k you think you f$&kin’ with.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

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. Moving into online education courses for 8 th -12 th grade in Summer 2010.

Partner 240

Partner New York City Cofounder Syndicate 240

SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. When It’s Darkest Men See the Stars - Steve Blank , November 24, 2010 When It’s Darkest Men See the Stars. but: Something is Still Missing.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Agile VC

SEPTEMBER 15, 2011

But if you read the whole article you glean more insight… the entire public equity markets have sunk in the last 3-4 months. I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. This is clearly true and obviously sucks for any investors who bought these shares in the offering and currently hold them.

IPO 100

IPO Marketing Silicon Valley Technical Review 100

Steve Blank

JULY 7, 2009

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building.

Customer Development 124

Customer Development Developer Silicon Valley Customer 124

Steve Blank

JUNE 11, 2009

Reply steveblank , on June 29, 2009 at 1:07 am Said: Charlie, Nivi at Venture Hacks has great advice at [link] – look at the “Equity&# section. If you have, I’d be very interested in your take on it. The rest is worth reading as well. steve Am I a Founder? The Adventure of a Lifetime. carry on reading.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

SEPTEMBER 14, 2009

3) invest in and take equity stakes in exchange for capital. Each VC firm/partner has a different spin on what to weigh more.) 4) help nurture and grow the companies they invest in. 5) liquidate their investment in each company at the highest possible price.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Agile VC

OCTOBER 23, 2012

Typically it’s when Cambridge Associates releases their benchmark data on the VC asset class ( here’s a 2010 example article from TechCrunch ) or an organization like the Kauffman Foundation publishes a white paper ( a 2012 example article from Business Insider here ). What about fund of funds (FoF), you ask?

LP 176

LP Accredited Investor Carried Interest Portfolio 176

YoungUpstarts

JULY 14, 2015

It may seem counterintuitive but the best way to measure their commitment to your mission is to ask them to invest within the company for equity. Chances are, you’re excited because a few short months ago, you couldn’t get anyone to collaborate, much less join the team, but now that you’ve got buzz, how do you gauge their commitment?

Startup 100

Startup Agile Sales Conversion 100

Altgate

OCTOBER 1, 2010

Note that the Scorecard is only available to 2010 survey participants, so if you didn’t take this year’s survey, you’ll just have to wait until next year. This not only gives an idea of the “cash-equity&# trade off for this company, but also how that trade off compares to peer companies. Bookmark the permalink.

Part-Time VPE 39

Part-Time VPE Startup Salary Equity 39

www.seriesseed.com

DECEMBER 9, 2012

09/02/2010.   That’s because there are not that many issues to negotiate in a simple equity financing.   Based on the comments received, both on the blog and in the many deals in which these documents have been used, I am convinced that the terms of a simple set of equity documents are really not an issue. 

Term Sheet 40

Term Sheet Ratchet Dilution Equity 40

ryanwaggoner.com

OCTOBER 23, 2010

When I was doing freelance development, I had about one pitch per week for an equity-only opportunity. There are usually several reasons, but mostly it comes down to them not offering enough equity. These “startups&# are almost always mostly-non-technical founders offering 1-2% premoney for a “lead developer&# position.

Technical Cofounder 40

Technical Cofounder Technical Review Cofounder Software Review 40

Altgate

DECEMBER 15, 2010

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← No one wants to tell you your baby is ugly More on Liquidation Preferences → Pre-Money Valuation vs Number of Founders Posted on December 15, 2010 by admin Here’s a chart of the day worth sharing.

Pre-Money Valuation 66

Pre-Money Valuation Valuation Cofounder Founder 66

www.seriesseed.com

DECEMBER 9, 2012

Step 2 (as opposed to version 1.1) » 02/25/2010. Posted by: toby | 03/01/2010 at 09:52 PM. We went with equity because ivestors would prefer to get equity for the following reasons: 1. One of the reasons notes have become so popular is that the equity documents were too expensive. Blog Archives.

Finance 40

Finance Term Sheet Vesting LLC 40

Altgate

SEPTEMBER 16, 2010

For example, you can barter for a service or you can negotiate payment terms or even equity for service. The presentation was on outsourcing generally, not just software engineering and the audience was very early stage companies (some yet to be founded). To that I say baloney. Even without cash you have many ways to outsource.

Software Review 65

Software Review Offshore Startup Boston 65

The Startup Magazine

SEPTEMBER 21, 2020

Abraham: As a company we truly believe in justice and a DE&I space (diversity, equity and inclusion) and help leaders understand the importance of diversity and inclusion of different cultures, whilst still creating a sense of unity by appreciating the differences. TSM: How is your company impacting the world/your clients?

Leadership 166

Leadership Founder Technical Review Entrepreneur 166

clicksend.wordpress.com

OCTOBER 26, 2010

To find a programmer who will simply share equity with you, you need two things. Be realistic with the amount of work you’ll each be doing when you discuss equity. You need to make them confident enough to choose a lower salary and bet on equity over a much higher salary with a larger company. First, you need a very good pitch.

Cofounder 40

Cofounder Technical Cofounder Non-Compete RSS 40

www.greenhornconnect.com

OCTOBER 3, 2011

It’s always tempting for entrepreneurs to accept seed funding from friends and family in exchange for a promise to repay the money or issue the lender equity in your company when it is formed. 19) December 2010. (13) 13) November 2010. (18) 18) October 2010. (20) 20) September 2010. (20) 20) August 2010. (25)

IP 40

IP Intellectual Property Limited Liability Company Boston 40

Tim Keane

MARCH 9, 2011

This seems like an easy topic – debt where there is appropriate cash flow, equity when there isn’t.    And, while debt is less costly than equity, it can bankrupt a company more quickly than more expensive equity might. This is an equity example, of course.  This is also now an equity situation. 

Finance 83

Finance Bootstrapping Startup Equity 83

Haystack

JANUARY 18, 2020

At the start of 2010, there was some unwritten VC industry conventions that have been tested, challenged, and upended in the last decade. I don’t have the data, but I’d bet the “minimum ownership” requirements VC funds started 2010 with have gone down dramatically. What a difference a decade makes!

Seattle 130

Seattle Seed Stage Deal Flow Vertical 130

rob.by

MARCH 8, 2012

Tuesday, August 17, 2010. ” I believe that by this he means they want cash rather than equity. My hunch is that most good software engineers only work for cash because they don’t feel that working for equity is worth the risk of failure. 14 comments: Tuesday, August 17, 2010 dpickett says: Great post, man!

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

Feld Thoughts

MAY 9, 2011

Make it simple – eliminate capital gains if an individual (who is an accredited investor) invests equity (i.e. The new Startup Visa Act of 2011 has plenty of improvements over the 2010 Act (which was introduced but never went anywhere) but still is stuck in Congress.

Government 143

Government Technical Review Intellectual Property Accredited Investor 143

Berkonomics

FEBRUARY 23, 2023

So, the question: load up with more equity and dilution? LivingSocial took in $583 million in capital in 2010 and 2011 with little left in time to show for the investment and tremendous dilution to the founders. Or sell now?

Dilution 62

Dilution Valuation Early Stage Equity 62

YoungUpstarts

OCTOBER 23, 2018

During this discovery stage, entrepreneurs get to hone their business skills via training and support while typically no equity is taken from them. Founded in 2010, the website aims to assist new entrepreneurs by helping them grow their businesses by offering assistance in sourcing capital and talent.

Incubator 127

Incubator South America San Francisco Chile 127

femgineer.com

JULY 18, 2010

Sweat equity or salary? Tweet This Post 2010 07 /18 CATEGORY My Experience My Startup Write comment Write comment Comments RSS Trackback ( 1 ) Comments ( 4 ) JR July 20th, 2010 REPLY QUOTE Very interesting post. Poornima July 20th, 2010 REPLY QUOTE Always good to brainstorm with people from all walks of life.

Engineer 41

Engineer Software Review Startup Technical Review 41

ReadWriteStart

SEPTEMBER 10, 2010

Whether it is credit or equity, funding is very, very tight. Because customer financing equals revenue, not equity. Kristen is doing about $70,000 year-to-date, and expects to hit $200,000 for the 2010 fiscal year based on her holiday sales projections. I gave Gio some advice on funding, which I will repeat here for all of you.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

socialmatchbox.com

OCTOBER 23, 2010

Another option is sweat equity. It is important to realize that most people who are willing to work for sweat equity are not a) the best, b) in demand, and c) going to put their heart and soul into your project. Motivation to work for sweat equity is something else that founders tend to take for granted.

Part-Time VPE 41

Part-Time VPE Sweat Equity DC Washington 41