The Next Web

NOVEMBER 20, 2013

With all other things equal, that means that a 50/50 split between two co-founders (evenly split if there are more than two), or a 66/33 split based on the premium for coming up with the original idea, and for starting the initial development efforts and sourcing the original team. Is this person taking a salary or not?

Cofounder 136

Cofounder Equity Founder Seed Stage 136

YoungUpstarts

DECEMBER 24, 2020

Remember that investors will not appreciate a business plan that features exorbitant salaries of the founders. Rustam Gilfanov is an IT company co-founder, IT businessman and international investor. Working on a business plan will help you understand how the business will grow. A brief curriculum vitae.

Business Plan 263

Business Plan Ukraine Cofounder Startup 263

techcrunch.com

OCTOBER 23, 2010

The number one question you all asked after reading my last blog post about starting a business from scratch was “how do I find my co-founders?&# And therein lies the problem in finding co-founders for that startup you’re dying to launch. Having trouble meeting folks you think would be good co-founders?

Cofounder 66

Cofounder Founder Silicon Valley Technical Cofounder 66

Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. You need to find the skills or experience you don’t have in business, technology, or money.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

SoCal CTO

NOVEMBER 1, 2010

I had a recent email dialog with the founder of a company looking for a CTO for their startup. And I tried to evaluate the idea and figure out: What did the founder really need here? Was it a Startup Founder Developer Gap ? And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ?

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

YoungUpstarts

DECEMBER 11, 2019

This goes against the common business myth that to become successful you need to have a co-founder or a partner for your start up. In the UK there are over 1000 searches each month from users looking online for information about co-founders. Why do people look for a co-founder? Source: [link].

Cofounder 147

Cofounder United Kingdom Founder Salary 147

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

blog.nahurst.com

JULY 19, 2010

The graphic below balances the risks cofounders take with their relative contributions to help answer this question. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

Both Sides of the Table

MAY 9, 2011

I covered what I call “the co-founder mythology.&# Either you’re not technical and you think you need a technical co-founder or vice-versa. It is increasingly popular to have “founder dating&# or “startup weekend hackathons&# of some variety or the other. Hire your co-founder.

Cofounder 393

Cofounder Founder Vesting Founder Vesting 393

Agile VC

DECEMBER 4, 2014

I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.

Cofounder 255

Cofounder Equity Founder Sweat Equity 255

YoungUpstarts

AUGUST 31, 2020

by Roland Polzin , MBA and Co-founder of Wing AI. Alternatively, individual VA contractors can be hired for a monthly salary, or workers for short gigs can be found via Fiverr or TaskRabbit. Roland Polzin is co-founder and the CMO of Wing AI , and a 2020 MBA of the Paul Merage School of Business at UC Irvine.

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Feld Thoughts

SEPTEMBER 2, 2011

Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. The founders each have common shares that will vest over four years. Bring Praveena in as a founder and offer 10-20% of the company as stock. Praveena wants to invest $20,000 and get 20% equity.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

blog.launchbit.com

MARCH 8, 2012

cofounders. technical cofounder. Why you can(t) recruit a technical cofounder. We didnt put strict specifications on what "technical" means, but the general idea was people who may qualify as a technical cofounder of an internet/tech startup and in particular, those who have been pitched ideas before. Viewed times.

Technical Cofounder 47

Technical Cofounder Cofounder Equity Differentiation 47

viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# So, why should they pick you?

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

The Entrepreneurial Mind

FEBRUARY 7, 2022

There is no one best way to divide equity among co-founders and set founder salaries. Keep the equity equal among founders and keep your base-salaries the same. I am generally an advocate of one for all and all for one.

Cofounder 52

Cofounder Equity Founder Salary 52

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Up and Running

JULY 28, 2022

Develop a founders agreement. A founders’ agreement is a legal contract defining and governing the relationship between cofounders. Its importance is to outline founders’ rights, responsibilities, ownership, and roles. The whole point is to avoid business disputes that may come up between the founders.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

bizthoughts.mikelee.org

MARCH 8, 2012

BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technical cofounder.

Technical Cofounder 40

Technical Cofounder Cofounder Technical Review Software Review 40

Agile VC

DECEMBER 4, 2014

I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.

Cofounder 173

Cofounder Equity Founder Sweat Equity 173

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

Up and Running

AUGUST 16, 2017

In 2015, Forbes released a nice article on different salary packages for different company goals. Startups and small businesses can offer more customized salary packages than large multinational corporations. No exit strategy for firing lazy co-founders. One option is to offer tailored benefits to the employee.

Business Plan 127

Business Plan Hockey Stick Cofounder Salary 127

Hunter Walker

MARCH 16, 2024

One who is currently building his company in public [ie sharing a bunch of data, progress, and even setbacks, that a startup founder might normally not disclose]. HW: Warmly has done some co-marketing with Zoom and launched as one of their earliest ‘Zoom Apps.’ Hunter Walk: Your startup Warmly recently turned four years old.

Cofounder 99

Cofounder Early Stage Salary Hiring 99

Both Sides of the Table

JANUARY 4, 2014

Nowhere is the politics more difficult than with co-founders, which is why for years I’ve spoken publicly about “ the co-founder mythology.” ” Of course we all go into businesses expecting to be aligned with our co-founders but over time life changes. Equity for the future?

Founder 340

Founder Sacramento Cofounder Technical Review 340

YoungUpstarts

AUGUST 19, 2013

You can either search for a technical co-founder who shares the same vision – which is a lot harder than it sounds – or look at outsourcing to a competent and affordable agency that can help you put something together (but without the soul). “I’m now making double my salary thanks to the knowledge gained.”

Ruby 182

Ruby Missouri Web Development Virginia 182

fi.co

DECEMBER 4, 2012

Founder Feedback. Why a 50/50 Split is Almost Never Right for Co-Founders by @DaveParkerSEA. Founder Feedback gives you insights from the startup trenches. Applications to the Seattle Founder Institute are also due this Sunday, February 26th: click here to apply. "I Will you work for the same salary?

Cofounder 43

Cofounder Founder Silicon Valley San Diego 43

YoungUpstarts

JUNE 27, 2019

by Blake Heron, founder of Skills Co. The new wave of opportunities has brought in good news for everyone around the world with average salaries continuously increasing since the last decade. Are you ready to ride this new wave of progress?

Technical Review 127

Technical Review Software Review Cofounder Salary 127

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

Both Sides of the Table

JULY 13, 2013

By the way, the salary, which was a good salary, was $27,000 entry salary, and engineers were paid $31,000 to $35,000. [00:10:30] You’ve got entrepreneurs and founders who are really – a lot of them are in the very early stage of their startup. Technical founder. 00:10:30] DEREK: So that was significant.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

YoungUpstarts

SEPTEMBER 1, 2015

by Eliot Burdett, co-founder and CEO of Peak Sales Recruiting. Furthermore, prospects will want to speak to founders that have high domain knowledge and the authority to reduce the fear of risk associated with a young company. He co-authored “ Sales Recruiting 2.0: Determine base and commission.

Sales 100

Sales Cofounder Sales Cycle Revenue 100

grasshopperherder.com

FEBRUARY 19, 2011

Saying things like, “You’ll earn a salary, as soon as we close our funding round,&# make me throw up slightly in my mouth. If you’re waiting for a technical co-founder to put up a landing page with signup form, you’re lazy. I just need a co-founder to web enable it!"

Cofounder 47

Cofounder NDA Founder Sweat Equity 47

YoungUpstarts

MARCH 19, 2014

by Jeffrey Fermin, cofounder of Officevibe. One thing is for sure; in order to get promoted, you need to stand out against your co-workers. With that being said, have empathy for your co-workers and help them become successful too. Have you ever wondered what really makes an employee awesome in the eyes of the boss?

Cofounder 226

Cofounder Salary Developer Employee 226

YoungUpstarts

AUGUST 6, 2018

by Ben Hoffman, co-founder of CityHUNT. A 2017 report from Employee Benefit News (EBN) asserts that on average, it will cost the employer 33 percent of the employee’s annual salary to replace his or her position. Do you pay attention to your employee retention rate and whether your top employees are happy?

Retention 100

Retention Employee Software Review Due Diligence 100

Startup Professionals Musings

MAY 20, 2023

But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. In fact, these suggestions have tremendous value, even if you are dedicated and committed full-time to your new startup: Find a cofounder who can keep you balanced.

Intellectual Property 275

Intellectual Property Cofounder Salary Metrics 275

SoCal CTO

MARCH 2, 2015

I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.

Technical Cofounder 150

Technical Cofounder Los Angeles CTO Hire Part-Time VPE 150

Startup Professionals Musings

JULY 11, 2012

The typical software startup these days is a one or two person operation, founder and co-founder, who do the work themselves on the first product with no salary. In all outsourcing cases, a detailed specification is required.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. He wrote: When startups die, the official cause of death is always either running out of money or a critical founder bailing. Editor’s note: This is a guest post by Andrew Montalenti.

Cofounder 155

Cofounder Technical Cofounder Technical Review Software Review 155

Startup Professionals Musings

AUGUST 18, 2023

Billionaire entrepreneur and "Shark Tank" co-host Mark Cuban is an outspoken proponent of the all-in early approach in a video interview, and made it clear that he gives no credibility and low odds to founders seeking funding who have not fully committed their time and efforts to their cause.

Private Equity 255

Private Equity Salary Cofounder Equity 255