Austin Startup

OCTOBER 11, 2021

the world’s largest senior care network and technology platform which recently acquired global home care provider Home Instead , today announced it has raised $70 million in Series E funding and $300 million in debt financing. The round brings Honor’s total equity funding to date to $325 million and values the company at over $1.25

Technical Review 62

Technical Review Engineer Finance Technology 62

ReadWriteStart

OCTOBER 28, 2010

Do More Faster: TechStars Lessons to Accelerate Your Startup is the new book by David Cohen , founder and CEO of TechStars, and Brad Feld , managing director of Foundry Group. Below is his chapter, Avoid Co-Founder Conflict. A perennial favorite is to decide that each founder should own an equal share. For what reasons?

Cofounder 128

Cofounder Founder Equity Dilution 128

YoungUpstarts

MAY 27, 2019

by Christopher Grey, co-founder and COO of CapLinked. Often young founders don’t think about basic concepts like unit economics, which is selling something for more than what it costs to make. Inexperienced founders often overestimate their own importance and don’t appreciate the importance of the team they build around them.

Cofounder 170

Cofounder Private Equity Software Review Equity 170

View from Seed

SEPTEMBER 18, 2019

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. Captain Recruiter.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

rob.by

MARCH 8, 2012

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He begins by explaining how he arrived at his conclusion: I began the hunt to find a technical co-founder – a software engineer who works for no cash – to help me build my dream website.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

David Teten

AUGUST 20, 2019

Many are reporting that they’re seeing a more diverse pool of applicants than traditional equity VCs… even though virtually none have a particular focus on women or underrepresented founders. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital.

Revenue 60

Revenue Cofounder Founder Venture Capital 60

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Financing Some Jobs Act Proposals Make Headway. July 31, 2007 |.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

David Teten

AUGUST 19, 2019

This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control.

Revenue 60

Revenue Technical Review Software Review Equity 60

ryanwaggoner.com

OCTOBER 23, 2010

Home About Me My Work Hire Me Contact Subscribe How to find a technical cofounder 09.10.10 When I was doing freelance development, I had about one pitch per week for an equity-only opportunity. There are usually several reasons, but mostly it comes down to them not offering enough equity. illegitimi non carborundum.

Technical Cofounder 40

Technical Cofounder Technical Review Cofounder Software Review 40

www.drowningamerican.com

JUNE 22, 2012

Next → How to Hire for Sweat Equity…. 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). Musings on Life and the American Dream. Skip to primary content. Skip to secondary content.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

www.virtuosimedia.com

MARCH 8, 2012

Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Before You Pitch To A Technical Cofounder.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

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. Choe opted to forgo a cash payment “in the thousands” for the equity equivalent at the time.

Equity 44

Equity Vesting Cap Table Technical Review 44

Both Sides of the Table

SEPTEMBER 29, 2013

” From the hyperbolic Jason Calacanis weighing in that “The petty VC’s did everything to deride [Naval, the co-founder of AngelList]” as though the industry was collectively s g its pants that AngelList was going to put us out of business. founder fighting. strategic direction. and much more.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

YoungUpstarts

NOVEMBER 27, 2018

by Emmanuel de Watteville, co-founder of Blue Ocean Ventures. From there, it’s time to inquire what the value of the company currently is and if their investment is going towards equity or loans. Before sealing the deal, the final step is to learn whether or not the company’s founder is willing to pivot in the future.

Early Stage 160

Early Stage Cofounder Startup Security 160

www.inc.com

SEPTEMBER 24, 2011

Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. Should You Share Equity with Consultants? Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

Technical Cofounder 40

Technical Cofounder Cofounder Baltimore Maryland 40

YoungUpstarts

DECEMBER 7, 2017

by Hannah Sieber, co-founder and COO of EcoFlow Tech. We ultimately hired an agency since we decided the additional placements they would get would cover the cost of hiring them. Crowdfunding has become common place for new products and new brands.

Campaign 145

Campaign San Francisco Technical Review Flash 145

Altgate

AUGUST 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. Choe opted to forgo a cash payment “in the thousands” for the equity equivalent at the time.

Equity 28

Equity Vesting Cap Table Technical Review 28

The Next Web

AUGUST 12, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. I think an issue many talented entrepreneurs and European founders (especially German founders) have is, they don’t think big enough. Find the right co-founders and advisors.

Cofounder 119

Cofounder CTO Hire Startup Europe 119

Hunter Walker

AUGUST 7, 2017

Employee options pools, typically created at the point of financings, shouldn’t be treated as haggling over dilution, but rather a strategic resource that will help founders build the best team and, by extension, a more valuable company.

Equity 94

Equity Pre-Money Valuation Option Pool Founder 94

Gust

JULY 12, 2012

It doesn’t give you more cash compensation, more equity ownership or more direct control over the operating business. The legal role of the board is to make strategic and corporate-level decisions, hire/fire the CEO, and represent all of the stockholders of the company. They don’t *join* it later.

Cofounder 107

Cofounder Founder Warrant Equity 107

YoungUpstarts

NOVEMBER 17, 2020

You will find valuable connections in the most surprising places – for example, my first referral came from a co-worker I had not seen in 5 years. When considering changing his selling strategy, Ted asked for my help to determine if he could afford hiring sales staff and the long close cycles business customers required. Ask for help.

Entrepreneur 259

Entrepreneur Cofounder Startup SEO 259

Both Sides of the Table

DECEMBER 1, 2009

I was reading one of my favorite websites for entrepreneurs, VentureHacks, this weekend and noticed that they are running a long piece on how to pick a co-founder. Once it’s set up I recommend bringing in a co-founder and giving them 10-30% of the company depending upon when you bring them in. You’ll be fine.

Hiring 289

Hiring Cofounder Dilution Startup 289

Steve Blank

MARCH 31, 2014

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast. We legalized robbing the corporate treasury.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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

ReadWriteStart

JUNE 5, 2023

More specifically, estate planning guarantees proper protection and distribution of these assets in case of unforeseen events, such as the founder’s death or incapacitation. Estate planning allows founders to designate successors and outline their roles and responsibilities, promoting a smooth transition and continuity of operations.

Security 154

Security Entrepreneur Intellectual Property Cofounder 154

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Sweat Equity. “I Your first proof of concept can be done without a technical co-founder or a lot of money. You can use your own savings to fund your company and move to a cheaper area to save money.

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Eric Friedman

JUNE 27, 2016

This is the classic “hire people smarter than you” which is harder said than done. Bigger/better advisors who get more equity have things like; excellent domain expertise to help you avoid pitfalls, deep connections within the industry to help with the intros, partnerships, and more. from a 10 year old co.

Equity 98

Equity Vesting Cap Table Common Stock 98

clicksend.wordpress.com

OCTOBER 26, 2010

The number two thing is lack of a technical co-founder. Partner with a Programmer After they have their big idea, most non-technical founders set forth to find an engineer to form a partnership. To find a programmer who will simply share equity with you, you need two things. First, you need a very good pitch.

Cofounder 40

Cofounder Technical Cofounder Non-Compete RSS 40

Duct Tape Marketing

FEBRUARY 3, 2022

Amanda is the Co-founder at Barney an M&A firm that specializes in the digital marketing space. 16:06] Does hiring an advisor also come with a team of legal and financial advisors? 17:49] Have you ever experienced a transaction where a Founder sold the company to their existing team? [18:35] And we don't have that.

Entrepreneur 79

Entrepreneur Technical Review Cofounder Valuation 79

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. We market to four populations: High-potential founders. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. This is hosted by NFX. I welcome suggestions.

Social Media 60

Social Media Technical Review Media Private Equity 60

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. But that doesn’t mean that you need to give away equity in your business or seek out external funding. Hire for Attitude.

Bootstrapping 145

Bootstrapping Startup Cofounder Angel Investor 145

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 try to hire deeply analytical associates to can help companies problem solve and who make us better investors. A Sense of Purpose.

Leadership 150

Leadership Southern California San Diego Hiring 150

Up and Running

AUGUST 17, 2015

Additionally, I had already studied Economics and Finance during undergrad, making the academic part of an MBA seem a little redundant. This can be particularly important for founders with “non-traditional” career backgrounds. I was fortunate enough to meet one of my cofounders during the first week of business school.

Entrepreneur 60

Entrepreneur Cofounder Angel Investor eCommerce 60

www.huffingtonpost.com

MAY 10, 2011

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. I was lucky to sign on as advisor and investor the founder of a very high-profile consumer Internet site who happens to also be a former engineer, who I will call Richard. This time, I decided to handle the process myself.

CTO 43

CTO CTO Hire PHP Cofounder 43