Both Sides of the Table
MAY 9, 2011
Most senior employees who join are given 2% if they join early. Maybe they get up to 10% if they joined REALLY early and were senior. If you do decide to go down the 50/50 route, please at least consider: Make sure you have founder vesting for both of you. So most people join companies. That’s OK.
Both Sides of the Table
AUGUST 17, 2009
There was one firm that offered me an entrepreneur friendly “vanilla&# term sheet and that was True Ventures , which is why I believe they are attracting great early-stage entrepreneurs. One very important item from Chris’s original post that wasn’t picked up by Fred or Brad is founder vesting.
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Both Sides of the Table
AUGUST 17, 2009
This is a BIG mistake many early stage companies make. You can be talking with potential employees all along the process getting them excited. Start building your team early. Founder vesting. Yesterday I wrote a blog posting on founder vesting (see here ). Make sure you own your IP.
venturehacks.com
SEPTEMBER 22, 2011
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.
venturehacks.com
FEBRUARY 24, 2010
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.
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