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Founder's Dilemmas: Equity Splits

www.startuplessonslearned.com

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. On average, the founders who keep the most control over their company make the least amount of money. Lessons Learned.

Equity 72
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. Get product into customers’ hands. More on that in a moment.

Customer 167
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Why vanity metrics are dangerous

Startup Lessons Learned

If you never have, you can create your own using Google Finance. If you never have, you can create your own using Google Finance. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Go ahead and try it, then come back. Youve just experienced vanity metrics hell.

Metrics 167
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Lessons Learned: Product development leverage

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. In the end, I believe they co-created our product with us.

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Lessons Learned: The engineering manager's lament

Startup Lessons Learned

Excepting for cosmically co-incidental success stories, the fuzzy requirement stuff never congeals as a holistic engineering exercise. Cost and time are effectively absolutes (The Caretaker's high finance schenanigans and 20th century Physics aside). No departments The Five Whys for Startups (for Harvard Business R.

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What is a startup?

Startup Lessons Learned

This is why so many small businesses can be financed with simple bank loans; the level of risk and uncertainty is well enough understood that a reasonably intelligent loan officer can assess its prospects. The Entrepreneur’s Guide to Customer Development ▼ June (3) What is a startup?

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Lessons Learned: Where did Silicon Valley come from?

Startup Lessons Learned

Among those: plentiful financing and nerds , a culture that celebrates both failure and success, and an ethos of openness and sharing. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? What is customer development? ScienceDaily: Corporate culture is most important.