Differentiation Dilution Partner Valuation 
Startup Professionals Musings
MAY 1, 2023
The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Investors may not be called cofounders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation.
Startup Professionals Musings
AUGUST 9, 2020
The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation.
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Startup Professionals Musings
SEPTEMBER 10, 2018
The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation.
Startup Professionals Musings
AUGUST 4, 2014
The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation.
View from Seed
AUGUST 17, 2021
It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. My partners will tell you that I am an incredibly impatient person. Effective post money is the effective valuation of an investor’s dollars at any one time.
Startup Professionals Musings
AUGUST 24, 2016
The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation.
View from Seed
AUGUST 17, 2021
It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. My partners will tell you that I am an incredibly impatient person. Effective post money is the effective valuation of an investor’s dollars at any one time.
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