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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while.

Cap Table 133
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Timing: When to raise seed funding.

Scalable Startup

At this stage you’re essentially selling yourself and your cofounders. There are so many Facebook/Google/Apple multi-millionaires who receive new stock options every quarter, often a few hundred thousand dollars every quarter, that feel they should put something back into the system, plus they like the idea of being an investor.

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Smart Bear Live 8: Edwin from MeetingKing.com

A Smart Bear: Startups and Marketing for Geeks

How many employees would a medium-sized business have in your definition? Jason: If I’m managing my whole business with this tool, I don’t have 100 employees. you can’t have one employee because meetings are just too easy and you don’t really have them formally. You can’t have 5,000 employees.

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Should You Share Equity with Consultants?

www.inc.com

Advisor. ); STARTUP. Employee Benefits. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We a 50-employee provider of e-marketing solutions to small and midsize businesses, based in Needham, Mass. "We

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Why We Prefer Founding CEOs

Ben's Blog

VMware—Diane Greene. (*) While not technically cofounders, Andy Grove and Thomas Watson, Sr. Andy Grove was Intel’s third employee (after the two cofounders Robert Noyce and Gordon E. Despite this dynamic history, modern record company executives badly missed the most sweeping technical innovation—the Internet.

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From Nothing To Something. How To Get There.

techcrunch.com

Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. Ron Oh and another factor to bring reality to the table - Sometimes you find out your cofounders suck.