Remove Early Stage Remove Founder Vesting Remove Hiring Remove Sales
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How to pick a co-founder

venturehacks.com

Be especially careful with the “sales&# guy here. What you don’t know Business founders who don’t code use bad proxies for picking technical co-founders (&# 10 years with Java!&# ). Technical founders who don’t sell also use bad proxies (&# Harvard MBA! Build in founder vesting (a.k.a.

Cofounder 101
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The Equity Equation

venturehacks.com

In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. Say the equity equation tells you to pay a prospective hire below market.

Equity 40