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Why good people leave large tech companies

Steve Blank

The CFO asked me to stay as one of the engineering directors came in for a meeting. The director had complained to his boss, the VP of Engineering, who admitted his hands were tied, as this was a “facilities matter,” and the VP of facilities reported to the CFO. The company is still one of the hottest places to work in tech.

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How Do You Want to Spend Your Next 4 Years of Your Life?

Steve Blank

I used to be in startups where I was dealing with engineers designing our microprocessors or selling supercomputers to research scientists solving really interesting technical problems. Or is it something that can grow to a size that will result in an acquisition or some liquidity event?

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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Part 3: Engineering a Regional Tech Cluster. The reality is that the super vast majority of liquidity events are M&A and the majority of those are in the under $100M range. ——-.

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Equity for Early Employees in Early Stage Startups

SoCal CTO

But the more important rationale is raised in the following about why employees most often do not have significant outcomes even in fairly positive liquidity events. Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66 Manager or Junior Engineer 0.2 – 0.33

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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

VC is a “get rich slow” business, because most VC Partners will not see a carry check for 5-10 years, after waiting for both liquidity events and for LPs to be paid first. engineers, designers, business developers). I’ve listed a few more below which require meaningful startup and ongoing costs.

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Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

If the target company can show a ten percent EBITDA (earnings before interest, tax, depreciation and amortization), then the acquisition team should be able to create a way to make the resulting acquisition yield forty percent EBITDA after re–engineering the combined entity. That’s quite a goal to achieve.

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What to expect before accepting the offer to become Engineer #1 at a startup

The Next Web

“It kinda sucks to be engineer #1.”. That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. They were referring to non-founder engineers, most commonly the first hire for technology businesses. Engineer #1?

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