Austin Startup

AUGUST 20, 2017

Your Cap Table is something that deserves constant care and attention. Messy cap tables can come back to haunt you when you do a financing or sell the company. I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. Don’t be the plaid guy.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

techcrunch.com

APRIL 26, 2013

That way, startups only have one entity in the cap table, which simplifies documentation and structure. As we wrote last December, the investment tool lets accredited investors put as little as $1,000 each into startup companies that it’s created an investment vehicle for.

SEC 61

SEC Accredited Investor San Diego New York City 61

David Teten

SEPTEMBER 23, 2017

My colleagues Sebastian Soler , Steven Greenberg and I recently launched a new online community, PEVCTech.com , exclusively for PE/VC investors; engineers who work at PE/VC funds; and other technologists who specialize in working on this problem. EShares is an increasingly popular tool in our portfolio for tracking private company cap tables.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

The Next Web

OCTOBER 7, 2013

“It kinda sucks to be engineer #1.”. That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. They were referring to non-founder engineers, most commonly the first hire for technology businesses. Engineer #1?

Engineer 129

Engineer Dilution Option Pool Vesting 129

www.informationarbitrage.com

FEBRUARY 24, 2010

And if this business partnership doesn't work out, the CTO / Founder, the engine of value for the company, is stuck in a bad, bad place. Fire the business partner, and the stock they've granted is off the table, stock which is needed to attract and retain talent that can actually help build value and sustainability of the business.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

keen.io

FEBRUARY 5, 2013

Engineer, arranger, communicator, amateur photographer. This time, I was looking more closely at Keen’s cap table and various financial events, like raising Series A, becoming profitable, and company acquisition. Youre reading Radical Transparency — a blog brought to you by the team at Keen IO. Michelle Wetzler.

Salary 50

Salary Equity Startup San Francisco 50

Hunter Walker

NOVEMBER 20, 2013

20 hardware engineers getting together to form a Syndicate. Let the Syndicate handle filtering for membership – it would almost feel more like an investment club – but they would see themselves as value add angels, without the company needing to add them all individually to the cap table or hold 20 separate pitch meetings.

Syndicate 98

Syndicate Syndication South America Seed Stage 98

genylabs.typepad.com

SEPTEMBER 24, 2011

I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation. Posted by: Atlanta Search Engine Optimization | April 16, 2008 at 07:38 AM. what kind of stock you are getting. what your rights are.

Equity 40

Equity Technical Review San Jose Stock 40

adamac.blogspot.com

MARCH 9, 2010

Ever met a CTO/VP Engineering or CEO/CTO? Maybe the CEO got his cousin from Omaha to be their lawyer or theres been some serious messing around with the cap table. It follows that an "idea guy" who "just needs to hire a few engineers" probably isnt running a tech startup. Yeah me neither.

Technical Review 41

Technical Review CTO Hire Fractional CTO Startup 41

Austin Startup

NOVEMBER 26, 2017

This week’s essay is inspired by my reading the book Engineers of Victory by Paul Kennedy. Kennedy’s book has no surprises, but it looks at the progress of World War II through the lens of the successive trials, engineering advances, and organizational achievements that contributed to the Allied victory. This was accomplished.

Cap Table 54

Cap Table Leadership Vietnam Georgia 54

Ben's Blog

APRIL 1, 2011

I remember when I first became CEO, an investor asked me to send him the “cap table.” If a great engineer quit, that was my fault. This means that you will face a broad set of things that you don’t know how to do that require skills that you don’t have. If someone was promoted for all the wrong reasons, that was my fault.

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

Hunter Walker

JANUARY 20, 2015

10x, as in “10x Engineer,” is a well-trod expression used to suggest there are classes of people who are so much better than average that the results you get from them are an order of magnitude higher. One reason Satya and I thought we had Product Market Fit for starting Homebrew was behavior we saw as angel investors.

Cap Table 48

Cap Table Warrant Syndicate Syndication 48

Spencer Fry

APRIL 17, 2017

With no money, how do you expect to have great design, engineering, copy, marketing, content marketing, customer service, operations, and everything else that comes along with running a successful startup. (And, no, I don’t count raising $50k from friends and family as bootstrapping. You’ve raised. But that’s for another blog post.).

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

David Teten

DECEMBER 3, 2019

645 Ventures released a cap table simulator to help level the playing field. ff Venture Capital hired two full-time engineers to build out Totem. Carta , Captable.io , Certent , EquityEffect , and ShareWorks by Morgan Stanley track private company cap tables. . Fincura specializes in serving lenders.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

www.payne.org

SEPTEMBER 22, 2011

Keep in mind: when a company is figuring out how much stock to offer you, theyre usually doing it relative to ownership for other employees, and theyre doing it within some budget (the cap table). Youll probably get a little bit less than similarly skilled engineer #2, because youre coming into the company later.

Equity 56

Equity Employee Vesting Preferred Stock 56

OnlyOnce

JULY 14, 2022

I wrote a little bit about the experience of being a multi-time founder in this post where I talked about the value of things like a hand-picked team, hand-picked cap table, experience that drives efficient execution, and starting with a clean slate. They have an Easier Time Recruiting team members and investors.

Cap Table 62

Cap Table Founder Portfolio Finance 62

David Teten

OCTOBER 1, 2015

Strong support from serial founders, engineers, and other specialized resources that are particularly relevant to the earliest days of a company can overcome that hurdle and (in theory at least) yield companies that otherwise wouldn’t be built. HappyFunCorp employs 80 engineers and product architects. Rock Health).

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

David Teten

DECEMBER 12, 2017

At Top Tier, we have been continuously refining our database and analytics engine, and we use it and other software mentioned in this article to make better decisions, spot trends, and stay in front of targeted venture capitalists and entrepreneurs. Some firms use iLevel or Qualtrics to assist reporting requirements.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

This is going to be BIG.

NOVEMBER 16, 2023

That’s how it feels when your hot deal from two years ago winds up running low on cash and gets into a pay-to-play round that wipes out the cap table. For her, it was launching new classes and teaching those at Stanford in the School of Engineering. But I thought I was good!?” You have the preparation and the best practices.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

Startup Lessons Learned

JULY 11, 2019

Eventually, I joined Jenny Lefcourt in the initiative called Founders for Change, where we’re amplifying the voices of the founders who are demanding greater representation and diversity not only within their organization, their cap table, and their board rooms, but also in terms of the makeup of all of these organizations.

Founder 68

Founder Lean Venture Capital Cofounder 68

Haystack

DECEMBER 17, 2019

Email is a tool nearly everyone uses daily, across devices, from their personal to work life — obviously. 2019, despite its mega-financings, and the news around Softbank’s Vision Fund, still proved to be a fertile year for breakout stories like Notion, Brex, Figma — and of course — Superhuman.

Cap Table 113

Cap Table Finance Database Software 113

venturehacks.com

FEBRUARY 24, 2010

Engineer heavy startups are common now, so doubling or tripling your development team at the outset is incredible. All our products Pitching Hacks , Cap Table , and Co-founder Interview. Excellent advice, although I don’t see 3-4 being a problem with the “right group&#. Learn more.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

venturehacks.com

OCTOBER 21, 2010

Update : Check out our $9 cap table which calculates the effect of the option pool shuffle on your effective valuation. Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66 Manager or Junior Engineer 0.2 – 0.33 All our products Pitching Hacks , Cap Table , and Co-founder Interview.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

Hunter Walker

AUGUST 23, 2023

I can vouch for his genuine optimism Hunter Walk: You got to work with a number of different VCs on your cap table for Anchor. What it lacks in terms of volume of top tier engineers, it makes up for in diversity of thinking, lived experience, and concentration of other professions. Who was the best one and why was it Homebrew?

Founder 87

Founder Angel Investor Cap Table Distribution 87

www.paulgraham.com

APRIL 28, 2010

So the totalnumber of new shares issued is 750, and the cap table becomes: shareholder shares percent -VCs 650 33.3angel 200 10.3uncle 50 2.6each founder 250 12.8employee 36* 1.8 You should be especially suspicious of grants whose purpose is somekind of social engineering-- e.g. to encourage more startups to bestarted in Mississippi.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Startup Lessons Learned

JUNE 9, 2020

I'm perhaps an oddity of Silicon Valley because I'm not an engineer by training. And the good thing is, was it included people that were already in our cap table. Brian Chesky : Yeah. Let me just tell you a little bit of a background. I'm not a business person. I didn't go to business school. I'm a designer.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

David Teten

MARCH 18, 2021

But you must be doing real engineering of some kind. “Index the Best” – Only invest in companies that have brand name firms on the cap table and/or as leads. (Rare exceptions to $6M with extreme traction.). Traction / Progress: Almost always $5K to $30K/month in gross profit. No ideas or prototypes.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Startup Lessons Learned

MAY 4, 2021

It almost had like a social engineering component to it, as much as it was an algorithmic breakthrough. I always thought of myself as sort of an engineer who likes to build new products. But one of those pieces is how companies get formed, how they raise money, how they manage their cap table and how they eventually go public.

IPO 113

IPO Cofounder Technical Review Government 113

Haystack

JANUARY 13, 2020

Plaid may have looked at that environment, looked at their cap table (which includes Visa, MasterCard, and Goldman Sachs, among others) and smartly whispered to them about what it would take to join forces with another company — and given their strategic value, their API-first strategy, the weight of the fintech sector, and the smart minds around (..)

Acquisition 74

Acquisition Cap Table API Venture Capital 74

Austin Startup

DECEMBER 10, 2017

That is a good mission for a research university heavily skewed to engineering and the sciences and with only the brightest able to get accepted. Georgia Tech has a goal of teaching every one of its undergraduate students the basics of entrepreneurship, and it has a large endowment given specifically for that purpose.

Georgia 48

Georgia Startup Incubator Harvest 48

abovethecrowd.com

JUNE 2, 2021

These are the parties on the cap table prior to the transaction. Why would a founder or CEO want an investor on the cap table who was only interested in “paying attention” to the company if there is a large, free, one-day incentive? The founders, the CEO, the CFO, the executives, the employees, and the venture investors.

IPO 82

IPO Customer Matching Silicon Valley 82