article thumbnail

5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Now comes the reality check.

article thumbnail

Equity-Only CTO and Equity-Only Developers

SoCal CTO

I had a recent email dialog with the founder of a company looking for a CTO for their startup. Did they really need a Startup CTO or Developer or both? And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Now comes the reality check.

Cofounder 435
article thumbnail

5 Criteria For Splitting Equity In Your New Venture

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Now comes the reality check.

Equity 238
article thumbnail

Finding Technical Cofounders Is Hard

rob.by

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.

article thumbnail

8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue. Prepare a pitch deck to document and share your plan. Advisors and investors need to see your whole story in as few as ten slides. This is the time for pivots as required.

article thumbnail

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Now comes the reality check.

Cofounder 261