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Why Uber is The Revenge of the Founders

Steve Blank

Traditionally, in exchange for giving the company money, investors would receive preferred stock, and founders and employees owned common stock. Preferred stock had specific provisions that gave investors control over when to sell the company or take it public, hiring and firing the founder etc.

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Raising Capital? 3 Tips for Entrepreneurs – Part 2

Scott Edward Walker

By getting-out and attending conferences and meet-ups; by blogging; by reading and commenting on other blogs; and by engaging on Twitter and other social media sites. What about issuing shares of common stock? How is this done? By banging on doors. the pricing) until the Series A round.