Up and Running

JULY 11, 2017

Often, executing a flank attack involves developing new technology. Whether you’re considering launching a new business or looking to develop a new product in an established company, you may have a vision of a new technology will that expose a vulnerable flank in an entire industry or against key competitors.

Technical Review 80

Technical Review Development Team Review Differentiation Leadership 80

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Altgate

JUNE 25, 2012

Facebook’s situation is far from unique, even among recent tech IPOs. Other prominent examples of drop-out co-founders who held significant amounts of dead equity include those at car-sharing company Zipcar and at tech startup govWorks.com (made famous in the movie “Startup.com”). They fail to include vesting terms (i.e.,

Equity 44

Equity Vesting Cap Table Technical Review 44

Austin Startup

AUGUST 20, 2017

There are many ways to measure technical skills and check work histories and achievements, but assessment of team chemistry is a high art form. Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Can you acquire them at a sustainable cost?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. We should be teaching them more about entrepreneurship including a strong emphasis on cash-flow management and financial literacy. The list goes on.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Steve Blank

APRIL 10, 2019

A version of this article first appeared in the Harvard Business Review. In tech startups stock options were here almost from the beginning, first offered to the founders in 1957 at Fairchild Semiconductor , the first chip startup in Silicon Valley. Essentially the company sells them the stock at zero cost, and they reverse vest.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. 20th Century Tech Liquidity = Initial Public Offering. Technology Cycles Measured in Years. This seems to be occurring more and more.

Founder 245

Founder Technical Review CTO Hire IPO 245

Tim Keane

JANUARY 12, 2010

Good investors use the valuation discussions to gauge the business savvy of the management team and to understand their ability to appreciate and deal with economic market forces that set values.   For individual angels and others investing their own money, this may be more fluid than for someone with responsibility for a managed fund.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Both Sides of the Table

MAY 5, 2011

Seattle should be the envy of any non Silicon Valley tech community in the country. Great lifestyle, great cost of living, motivated people and only the crap weather on the negative side. It really wouldn’t take much to turn a great technology ecosystem into a truly electric one. The ingredients are all here.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

ConversionXL

NOVEMBER 6, 2019

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

David Teten

OCTOBER 1, 2015

You’ve got a great idea and domain expertise, but limited money and insufficient technology resources. They’re well aware of the conventional VC bias against funding companies which externally develop their technology, but they do have relevant skills. I spoke with Thatcher Bell , Managing Partner, CoVenture.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. Thanks for visiting! Once you obtain funding, it will be worse than hitting the Lottery.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

ConversionXL

NOVEMBER 6, 2019

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

www.paulgraham.com

APRIL 28, 2010

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

One of the biggest lessons I learned is when going into business that requires heavy technical work, such as the e-commerce website (programmed in PhP) we ran, it is better to find a programmer that will work with you on a profit sharing basis rather than payment per task. You can guess what happened. Not to mention an unhappy customer.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Ben's Blog

APRIL 28, 2010

The macro reason: that’s the way most of the great technology companies have been built. At Andreessen Horowitz, our primary goal is to invest in the great technology franchises. VMware—Diane Greene. (*) While not technically cofounders, Andy Grove and Thomas Watson, Sr. Sun—Scott McNeely. Thomas Watson, Sr.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

maplebutter.com

JANUARY 8, 2013

I have the knowledge in tech to implement it. If you’re looking for technical talent – go to the dev meetups. what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “product development” eg new social media website project?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.chubbybrain.com

SEPTEMBER 28, 2011

Also worth a read after you review these startup failure post-mortems. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. Contributing to the high cost structure was the new culture of working 9-5 Monday through Friday.

Software Review 79

Software Review Startup Technical Review Vesting 79

www.founderinstitute.com

MARCH 2, 2010

The only science and technology-focused comprehensive university located between Philadelphia and Pittsburgh, Harrisburg University’s academic mission is to create, to attract and to expand economic opportunities in the region. Single trigger vesting , which allows founders to vest all of their equity and make money in an exit.

Term Sheet 40

Term Sheet Liquidation Preference Vesting San Diego 40

Hearpreneur

NOVEMBER 19, 2021

I was having trouble managing remote teams and keeping track of their billable hours after working with them for a long, therefore Hubstaff was born. These businesses were helping people straighten their teeth at a much lower cost and with less pain than traditional alternatives such as braces. Photo Credit: Alex Dask.

Entrepreneur 144

Entrepreneur Software Review LLC Web Development 144

www.paulgraham.com

OCTOBER 23, 2010

The classic way to burn through cash is by hiring a lot of people.This bites you twice: in addition to increasing your costs, it slowsyou down—so money thats getting consumed faster has to lastlonger. Poor Investor Management As a founder, you have to manage your investors. Economically, startupsare an all-or-nothing game.

Startup 108

Startup Software Review Hiring Detroit 108

www.metamorphblog.com

OCTOBER 23, 2010

Thus, the opportunity cost of joining your half-baked venture is dramatically lower than it is for legit professionals. Vest, young man. Starting a company without vesting your stock is like getting your girlfriend pregnant on the first date. I will store and review again and again. So when can I pitch to you?

Founder 51

Founder Startup Cofounder Vesting 51

Startup Lessons Learned

JUNE 9, 2020

Eric Ries : You're not like a lot of other tech folks. He was the co-founder of Intel and he probably wrote some of the very best books on modern management. He wrote a book called High Output Management. That meant of course initially raising money and cutting costs. 8:22) On how crisis reveals character. (9:11)

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

Professor VC

OCTOBER 11, 2010

While the flick has gotten rave critical reviews (93% on Flixster), the question of what percentage of the movie is true has also gotten a lot of discussion in the blogosphere. Also, be sure to include vesting for all founders. This is a good review of the movie and both books. How Much Diligence is Due.

Social Network 28

Social Network Networking Software Review San Jose 28

blog.expensify.com

APRIL 24, 2012

Guess which technology we have the least trouble with. You have a CEO that clearly hasn’t taken the time to understand a technology platform. who forms technology biases based on old Visual Basic stereotypes or shallow interpretations of. ability based on one of many technologies. March 25, 2011 at 1:36 pm.

Java 107

Java PHP Software Review Coder 107

Both Sides of the Table

AUGUST 30, 2010

Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”. Here talking about lithium-ion batteries and the early lead we’ve squandered in that market: “ With some technologies, both scaling and innovation take place overseas.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

techcrunch.com

SEPTEMBER 6, 2012

It consists of a standard term sheet, automatically generated closing documents, and tools to manage the process including electronic signatures, managing wire information, generating PDFs, and more. Today, AngelList is debuting Docs, which lets seed-stage startups close their round online. Crunchboard.

Term Sheet 70

Term Sheet San Francisco Technical Review Seed Stage 70