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Most Common Early Start-up Mistakes

Both Sides of the Table

Get customer input. People design their products in a box assuming that they’ll show customers later and get feedback. Interview customers to better articulate their problems. You can be talking with potential employees all along the process getting them excited. Founder vesting.

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The Equity Equation

venturehacks.com

Paul says, “Whenever you’re trading stock in your company for anything, whether it’s money or an employee or a deal with another company, the test for whether to do it is the same. Consider the opportunity cost of spending shares on employees and investors. We previously posted a table of market rates for employees.

Equity 40
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How to pick a co-founder

venturehacks.com

The best sellers can sell to customers, partners, investors, and employees. Breakups are hard If you’re going to fall out with your co-founder, do it early, recover the equity into the option pool to keep the company going, and recruit someone else great to fill the missing slot. Build in founder vesting (a.k.a.

Cofounder 101