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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. Praveena wants to invest $20,000 and get 20% equity.

Cap Table 133
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Choke the Churn: How to Prevent Employee Turnover in Startup Businesses

Up and Running

In my time, I learned a thing or two about the importance of preventing employee turnover. Aside from the time-consuming tasks of screening potential employees, interviewing, and re-hiring , losing and replacing employees is expensive. On average, it costs nearly three times an employee’s salary to replace them.

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How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Equity for Employees.

Equity 62
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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?

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Never Hire Job Hoppers. Never. They Make Terrible Employees

Both Sides of the Table

It’s still important advice for startup founders and something that I’m passionate about. I never hire job hoppers. They make terrible employees. Why do job hoppers make such bad employees at startups? -. You’re a startup founder. You have tough choices to make about whom you hire on your team.

Hiring 392
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15 steps to launch your own tech startup: Part 3

The Next Web

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. Define how you want to motivate your employees every day to produce high-quality and industry-leading results. Many founders don’t deal well with people leaving, but I am probably one of the worst.

Cofounder 119
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4 Legal Things Startups Need To Do

YoungUpstarts

Before you even get the business off the ground, it’s important to ensure that you and the co-founders (if any) agree on everything. Every startup should have a written founder agreement, which should include the following points: The roles and responsibilities of each member. Stock Option documentation.

LLC 168