Both Sides of the Table

JUNE 18, 2015

Of course your friend’s company raised $50 million and offers it’s employees free kombucha and desk massages. And even this can’t stop their employees from fleeing after two years of vesting to move on to the next hot startup. For investors life is no different. “Yeah, we think about going every year.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

Austin Startup

AUGUST 20, 2017

Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services. 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. Kalanick, former investor BFF turned highly disappointed by founder behavior.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. This seems to be occurring more and more.

Founder 245

Founder Technical Review CTO Hire IPO 245

The Next Web

JUNE 21, 2015

Aside from having an awesome name, this book looks at how a successful software company is built and run. Which software company? And it’s always interesting to see the behind-the-scenes of successful software startups. Nah, usually in the beginning, things like PR are done by the co-founders or whoever else has time.

PR 60

PR Startup Software Review Technical Review 60

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. Point Nine Capital uses 15Five for continuous employee feedback.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? intrapreneurs, e.g., the employee of GE who is tasked with launching a new business. intrapreneurs, e.g., the employee of GE who is tasked with launching a new business. What are the terms of their relationship with the founder? mentor VCs, e.g., most VCs.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Berkonomics

APRIL 4, 2024

Start-ups with one founder rarely have or need a board of directors. As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. The number of employees grows. The operations of the corporation become more complex.

Covenant 48

Covenant Software Review Stock Options Vesting 48

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 An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Duct Tape Marketing

SEPTEMBER 30, 2022

Click on over and give us a review on iTunes, please! And it was really the founder, our founder David, and he, it was really about, there has to be this better way, right? So you try to pay equal attention to both of those on both sides of the software. More About Karrie Sanderson: Connect with Karrie on LinkedIn.

Marketing 76

Marketing Differentiation B2C PR 76

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Equity for Employees.

Equity 62

Equity Employee Founder CTO Hire 62

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 An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

www.paulgraham.com

APRIL 28, 2010

I think it would help founders to understand funding better—notjust the mechanics of it, but what investors are thinking. 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.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Start Up Blog

APRIL 28, 2011

Sure language has iterated, been redefined, shortened, coded… but the conversations are real and the more meaning and ideas are being exchanged. These founders are imbuing their new businesses with the values of our time. A community who vest their interests in each other. The art of conversation is not being lost….

Moldova 91

Moldova Internet Australia Libya 91

This is going to be BIG.

JULY 16, 2012

I wasn't hiring, but I agreed to meet him due to his generous offer. I thought the entire process went as well as it possibly could and I even walked out of there (after meeting [the founder] and the entire team in two sessions) w/ what I thought was a soft offer. So I ping the founder and they have another meeting.

Hiring 148

Hiring Software Review Technical Review Startup 148

Both Sides of the Table

MAY 5, 2011

I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. There’s you and your killer CTO co-founder. It’s a very cool vibe at Founder’s Coop. Passionate Entrepreneurs & Ambassadors.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

venturehacks.com

FEBRUARY 24, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. One founder companies can work, against the odds (hello, Mark Zuckerberg).

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

Startup Lessons Learned

MARCH 3, 2009

Lessons Learned by Eric Ries Tuesday, March 3, 2009 Employees should be masters of their own time Every startup should have a culture of learning. The rule is simple: every employee is 100% responsible for how they spend their time. The suggestion is that you implement one single company-wide rule. I asked why.

Employee 146

Employee San Francisco Lean Software Review 146

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Doubtful we’d have access to such a rich employee pool any other way.

Founder 51

Founder Startup Cofounder Vesting 51

The Next Web

AUGUST 14, 2013

Editors Note: This is a guest post by Slava Akhmechet, founder of RethinkDB. Always have a vesting schedule. If you work too long without victories, your investors, employees, family, and you yourself will lose faith. You can follow him on Twitter here. I’d like to add another one. Make it clear from day one.

Startup 161

Startup Ruby Technical Review Vesting 161

www.paulgraham.com

OCTOBER 23, 2010

Single Founder Have you ever noticed how few successful startups were founded byjust one person? Even companies you think of as having one founder,like Oracle, usually turn out to have more. Whats wrong with having one founder? It probably means the founder couldnt talk anyof his friends into starting the company with him.

Startup 108

Startup Software Review Hiring Detroit 108

www.chubbybrain.com

SEPTEMBER 28, 2011

Also worth a read after you review these startup failure post-mortems. Allen, Greylock, and General Atlantic wouldn’t be in the building on weekends and neither would the employees bother to come in. You should sign up for our newsletter here. We want to hear about, learn from and even replicate what they’ve done.

Software Review 79

Software Review Startup Technical Review Vesting 79

Ben's Blog

APRIL 28, 2010

In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. Thomas Watson, Sr. The innovation business. Moral authority.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

maplebutter.com

JANUARY 8, 2013

Whats is the best way to find a co-founder for your startup? However, one of my co-founders doesn’t seem to be as motivated as the rest of us. Don’t wait to fill the void before letting him go (but obviously get all the code / usernames / password). I think quick, do something, then review what I’ve learned.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Berkonomics

SEPTEMBER 13, 2010

Start-ups with one founder rarely have or need a board of directors. As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. The number of employees grows. Bank loans with restrictive covenants are taken on.

Covenant 59

Covenant Software Review Stock Options Vesting 59

discuss.joelonsoftware.com

NOVEMBER 1, 2010

(Not logged on) | Register | Log On Home Discuss Jobs About The Business of Software A community discussing the business of software, from the smallest shareware operation to Microsoft. A part of Joel on Software. This community works best when people use their real names. Please register for a free account.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

venturehacks.com

MARCH 21, 2008

Or they bring you a handful of great employees. The options typically vest monthly over 1-2 years with 100% single-trigger acceleration and no cliff. Although the advisor is on a vesting schedule, you should expect them to add most of their value up-front—that’s normal. Does this stake need to have vesting schedule?

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

blog.expensify.com

APRIL 24, 2012

Or, rather, more offensively to Facebook and Google employees, less offensive to.NET developers, though the underlying message is the same.). The right sort of person is so passionate about coding, they can’t be stopped from doing it. More comments at the end. Monday edit : Skip my post and read this one instead. But attitude.

Java 107

Java PHP Software Review Coder 107