David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

SoCal CTO

MARCH 1, 2007

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. Today, in steps 10-12 I want to discuss with you raising your first round of money, hiring to develop and maintain your company culture, as well as defining your role in the management of your startup.

Management 120

Management Cofounder Startup Bootstrapping 120

Startup Professionals Musings

JANUARY 29, 2018

Unfortunately, in my years since as a small business advisor, I have seen too many founders squander this asset through a lack of understanding of some basic legal and operational issues, or by handing out nominally “free” stock to the wrong people at the wrong time. Always specify a vesting period for new partners.

Stock 129

Stock Vesting Preferred Stock Cofounder 129

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 1) Manage the firm . This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Altgate

JUNE 25, 2012

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Founders and hires have always quit, after all, and their companies don’t always have a way to reclaim their equity.

Equity 44

Equity Vesting Cap Table Technical Review 44

Both Sides of the Table

MAY 5, 2011

Great lifestyle, great cost of living, motivated people and only the crap weather on the negative side. I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. There’s you and your killer CTO co-founder.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Startup Professionals Musings

MAY 18, 2015

Every entrepreneur needs to understand the following basics, to be addressed at company formation, as they engage a qualified attorney to draw up the paperwork: Allocate founder’s stock commensurate with commitment. This is the purpose of a vesting schedule, which issues allocated stock over time.

Stock 120

Stock Vesting Common Stock Founder Vesting 120

Ben's Blog

APRIL 28, 2010

In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. were the driving force behind Intel and IBM, respectively.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

www.chubbybrain.com

SEPTEMBER 28, 2011

After a thorough analysis of those 32 start-up post-mortems, we have determined the common reasons founders gave to compile this list of the top 20 ways to have your startup fail. Work life balance is not something that startup founders often get and so the risk of burning out is high. 13 – Disharmony with Investors/Co-founders.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

techcrunch.com

SEPTEMBER 6, 2012

It consists of a standard term sheet, automatically generated closing documents, and tools to manage the process including electronic signatures, managing wire information, generating PDFs, and more. For a seed stage round, legal fees can be upwards of tens of thousands of dollars, which is costly for a bootstrapped startups.

Term Sheet 70

Term Sheet San Francisco Technical Review Seed Stage 70

Both Sides of the Table

AUGUST 30, 2010

Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”. Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

www.inc.com

SEPTEMBER 24, 2011

Leadership & Managing | Tuesdays. LEADERSHIP & MANAGING. Managing Creativity. That cost him accounting fees, legal fees, and time because the financing round couldnt close until the arrangements were formalized. Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. Leadership.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

www.chubbybrain.com

SEPTEMBER 28, 2011

created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. Contributing to the high cost structure was the new culture of working 9-5 Monday through Friday. Go vest yourself. deprecated the old feature-complete product (ACS 3.4)

Software Review 79

Software Review Startup Technical Review Vesting 79

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. I think every founder, every CEO, every leader, could learn something, could take heart from Brian's example and I hope they will. Brian Chesky : I am Brian Chesky, co-founder, CEO, and head of community at Airbnb.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

The Next Web

DECEMBER 29, 2013

Founders, executives and decision makers don’t have time to consistently create quality content and then properly distribute it. John Hall , Influence & Co. . Content Manager. Even if it flops, it will still produce tens of thousands of specialized jobs for social media managers and content developers.

Social Media 164

Social Media Vesting Distribution 164

maplebutter.com

JANUARY 8, 2013

Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Whats is the best way to find a co-founder for your startup? However, one of my co-founders doesn’t seem to be as motivated as the rest of us. Non of this academic stuff.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? The real question here is: why is it fair for founders to get so much more?

Equity 40

Equity Employee Founder Cofounder 40

Gust

DECEMBER 8, 2011

Likewise, founders can benefit from understanding basic characteristics of the overall legal structure, formation and governance documents, rights and responsibilities of team members, etc. Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Newco, Inc.”)

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. Thanks for visiting! Once you obtain funding, it will be worse than hitting the Lottery.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Professor VC

OCTOBER 11, 2010

Co-founder Dustin Moscovitz is referred to as a programmer, but he is actually an operations guy. Several weeks after Zuckerberg and the team move to Palo Alto for the summer, co-founder Eduardo Saverin finally pays a visit. Also, be sure to include vesting for all founders. October 18, 2010 2:41 PM.

Social Network 28

Social Network Networking Software Review San Jose 28

Both Sides of the Table

APRIL 21, 2010

If I ever say anything less than positive, I have no vested interests in doing so. Knewton, Grockit and others are creating new ways for students to study for these tests in a more cost effective way. I spent a bunch of time with Co-founders Alex Bard and Gary Benitt. What I like? Big market. 7.5mm in Series C.

Venture Capital 265

Venture Capital Social Network Angel Investor Chad 265

Both Sides of the Table

FEBRUARY 14, 2016

” “Mark has a vested interest in talking down valuations of startups.” The billions of dollars managed by mutual funds, hedge funds, insurance companies, university endowments, pensions, foundations, sovereign wealth funds and the like need to find returns for their money. ” “Sure, prices are dropping.

Valuation 150

Valuation Down Round Startup Later Stage 150

venturehacks.com

OCTOBER 21, 2010

If you don’t keep your eyes on the option pool while you’re negotiating valuation, your investors will have you playing (and losing) a game that we like to call: Option Pool Shuffle You have successfully negotiated a $2M investment on a $8M pre-money valuation by pitting the famous Blue Shirt Capital against Herd Mentality Management.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

www.readwriteweb.com

FEBRUARY 23, 2010

Be creative about finding ways to cut costs. 7: Invest in Advisors : Give away a small amount of stock to advisors (which they can vest after a few years) who you can call on in a pickle or for general advice as issues arise. I find people hiring people they feel they can manage. Be creative about finding ways to cut costs.

Entrepreneur 69

Entrepreneur Venture Capital San Francisco New Zealand 69