David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? A well-organized library of best practices for founders in your vertical, which you can share as appropriate. I have developed a founder curriculum on my blog. – What are your fundraising goals? AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Both Sides of the Table

MAY 19, 2013

My internal compass has always steered me strongly toward the belief that founders who can scale with their startup companies are better to back that founders who eventually need to hire a CEO. Very few founder CEOs go into the job ever expecting to give up their seat. We set out to find Jonathan’s “co-founder.”

Technical Review 303

Technical Review Cofounder Analytics Founder 303

Both Sides of the Table

JULY 13, 2013

I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. Technical founder. You’re 42.

Cofounder 337

Cofounder Technical Cofounder Startup San Diego 337

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Bigfoot Capital. Key elements: .

Revenue 60

Revenue Technical Review Software Review Equity 60

Feld Thoughts

JULY 29, 2011

Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.

Equity 137

Equity Finance Pre-Money Valuation Denver 137

Both Sides of the Table

DECEMBER 14, 2014

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. It was 2009 and it was terribly difficult to get any financing (if you can remember a time like that!) We spent a lot of time together in her early days and I covered her early business activities here.

Early Stage 290

Early Stage Venture Capital Los Angeles Coder 290

ReadWriteStart

FEBRUARY 18, 2020

When starting a business, it’s typical to look for venture capital, angel investors, and even co-founders to help get the company up and running. During the early stages of your business, it’s possible to rely on credit cards and the personal savings of startup founders as you get things up and running.

Bootstrapping 145

Bootstrapping Startup Cofounder Angel Investor 145

This is going to be BIG.

MARCH 5, 2014

At the early stage, the ranks of the non-partner investor are disappearing. One thing that I see too many people moving from the finance world doing, both in attempts to get into VC and to startups, is relinquishing the resources they have at their old job. The opportunities, however, are different than they used to be.

Venture Capital 121

Venture Capital Early Stage Cofounder Angel Groups 121

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders?

Equity 78

Equity Revenue Cofounder Colorado 78

Hunter Walker

JANUARY 15, 2016

By the end of 2004 I had brought on two co-founders: John Vars – who is now the Chief Product Office at TaskRabbit, and Steven Reading took over Sales and Revenue. Though I should point out was still doing client work for OneMatchFire until mid-2005 until the business could pay full salaries.

Technical Review 48

Technical Review Startup Cofounder SMS 48

Both Sides of the Table

JANUARY 1, 2016

Most founders have a strong sense of what they’re trying to achieve. They hire their initial co-founders and early employees and everybody has a sense of “mission.” We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle.

Leadership 150

Leadership Southern California San Diego Hiring 150

Hunter Walker

APRIL 27, 2014

We brief our major investors quarterly and decided to model our LP meeting after what “big funds” do, albeit with a few Homebrew flourishes :) Logistically this meant an afternoon session with presentations/Q&A then a dinner with founders/advisors. We love our founders. Roughly 50% result in a first meeting.

LP 96

LP Cofounder Term Sheet Valuation 96

www.drowningamerican.com

JUNE 22, 2012

Here is the original post: Early Stage Web Application Start-Up Seeking Developer/Designer. 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). We’ll have to see how this one goes.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

www.readwriteweb.com

OCTOBER 7, 2007

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. Why bootstrap? Either way, bootstrapping is a viable model.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

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

maplebutter.com

JANUARY 8, 2013

Whats is the best way to find a co-founder for your startup? I’m part of an early startup made up of four friends, we’re all motivated and really dedicated to our 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

ReadWriteStart

JANUARY 28, 2022

Equity for Co-founders. Founders can compensate them in either equity or salary as per their preference. This range decreases if there are more founders. For example, during a seed financing round, an investor contributes money to a business in return for a portion of the company’s stock ownership.

Valuation 108

Valuation Equity Warrant Common Stock 108

Reid Hoffman

JANUARY 19, 2021

Signing an office lease might not seem like a board-level decision, but with early-stage startups, that lease might very well be a financial liability that significantly exceeds the company’s total cash in the bank. At this stage, you need a true founder who fervently believes they’re going to make the company successful.

Startup 36

Startup Cofounder Advertising Hiring 36

YoungUpstarts

JANUARY 19, 2017

by Karla Friede, CEO, co-founder, and member of the Board of Directors at Nvoicepay. There’s the cost of that person’s salary, taxes and benefits, and time spent interviewing and training. Karla Friede is Chief Executive Officer, co-founder, and member of the Board of Directors at Nvoicepay.

Cofounder 100

Cofounder Stock Cost B2B 100

Both Sides of the Table

JUNE 23, 2015

Like many entrepreneurs, the founders of Crosscut quit their well-paid jobs in the belief that LA’s moment was about to arrive and they spent years on low (sometimes no) salaries to prove it. And some of the people in venture who have had the longest ringside seat to our ecosystem are the founders of Crosscut Capital.

Los Angeles 150

Los Angeles Silicon Valley Cofounder Early Stage 150

YoungUpstarts

DECEMBER 5, 2013

by Bill Clerico, CEO and co-founder of WePay. Homebrew, an early stage venture firm focused on this same revolution has illustrated the following: An engineer or designer gets work by offering his skills via vertical marketplaces. An entertainer sells music, tickets and merchandise directly to her fans online.

Silicon Valley 208

Silicon Valley API Cofounder Salary 208

Up and Running

DECEMBER 9, 2014

Bates: Good morning and welcome to our CEO panel, “How to Fine-Tune Your Small Business Finances From Funding to Growth” which I think is the direction that we would all like to be going. I’m here with some really phenomenal CEOs who are going to talk to us today about small business finances from funding to growth.

Small Business 95

Small Business Finance Forecast Metrics 95

pandodaily.com

NOVEMBER 29, 2012

This time around, there has been an explosion at the early stages, and the very late pre-IPO growth stages. “Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” Sarah Lacy is the founder and editor-in-chief of PandoDaily.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93