Steve Blank
OCTOBER 24, 2017
A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. Founders are taking control of the board by making the common stock the founders own more powerful.
David Teten
JANUARY 19, 2021
This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Flexible VC 102: Variations.
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Both Sides of the Table
MAY 27, 2013
In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. In addition to helping manage the board Chris also helps represent the interests of the angel investors / common stock holders. Always seek input.
Startup Lessons Learned
AUGUST 26, 2009
They take common stock, not preferred, a fact that the entrepreneurs mentioned to me many times. Inspiring ideas: real-time biz metrics; safe continuous deployment; A/B split testing. You can learn more about that by reading The engineering managers lament.) Articulate, inspirational.
K9 Ventures
OCTOBER 19, 2015
Second-level thinking : when I first started reading this, I felt this was kind of obvious and almost reminded me of how engineers think through things. I like to think of it as looking at the derivative (in a mathematical sense, not a financial sense) is often more revealing than looking at the raw change in a metric.
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