article thumbnail

Forget what you know: There’s no right way to start up

The Next Web

Ryan Hoover is the co-creator of Product Hunt and EIR at Tradecraft. Even its founders couldn’t quite describe it, let alone foresee what it would become. They didn’t create a landing page to see if people would enter their email. The founders lacked the positive signals investors typically look for.

article thumbnail

How Early-Stage Startups Can Utilize the SVB Collapse as a Wake-Up Call

The Startup Magazine

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As a founder, ask yourself – does your business actually warrant VC funding?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Have you heard the rule of the thirds?

Berkonomics

Two: Co-management. So, co-management is the second group to share in the bounty upon a liquidity event. Those who receive options but leave the company before a liquidity event may either purchase those shares represented by the options upon exit from the company, or lose the right to those shares, often 60 days after their exit.

article thumbnail

Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. Also the proportion of email subscribers who’ve bought a Groupon has held up reasonably well. . Founding Date: 2009. Read More ».

article thumbnail

Choke the Churn: How to Prevent Employee Turnover in Startup Businesses

Up and Running

As a founder, know that it’s O.K. Instead, focus on creating a company culture where it is safe for employees to ask questions and seek advice from not only you, but other co-workers. As a founder, reach out to your professional connections for advice on what has worked in the past for them as far as training.

article thumbnail

Why Co-Founders Are a Startup's Biggest Liability | The Startup Lawyer

thestartuplawyer.com

He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder. You can start by examining every aspect of the co-founder relationship. Don’t leave anything out just because you and your co-founders already talked about it.

article thumbnail

Fog Creek Compensation

www.joelonsoftware.com

Stock Options Stock Options are weighted heavily to compensate the people who take the most risk, namely, the people who join Fog Creek when its just a wee tiny company and were all jammed into one tiny office and we cant afford to buy your kids braces and sometimes you have to change the Poland Spring yourself.