SoCal CTO

MARCH 1, 2007

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

Startup Professionals Musings

SEPTEMBER 25, 2019

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 237

Equity Stock Options Advisory Board Stock 237

Steve Blank

MAY 19, 2015

When we did, I asked him about his head of HR, and heard all about what great medical and insurance benefits, stock vesting, automated expense account forms, movie night, company picnics, etc., Since Tom was an engineer I explained the “Organizational Debt” metaphor. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

www.avc.com

SEPTEMBER 22, 2011

The second bracket is Director level managers and key people (engineering and design superstars for sure). The third bracket are employees who are in the key functions like engineering, product, marketing, etc. Startups should be able to dramatically increase the value of their equity over the four years a stock grant vests.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

The Next Web

OCTOBER 7, 2013

“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?

Engineer 129

Engineer Dilution Option Pool Vesting 129

Startup Professionals Musings

OCTOBER 21, 2017

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock 140

Stock Stock Options Advisory Board Startup 140

Up and Running

JULY 11, 2017

They staffed the team with several veteran engineers and augmented it with talented new hires that had expertise in areas outside of Stryker medical’s core competencies including aptitudes useful in developing key new technologies for advanced patient surfaces and mattresses. The fatal flaw was in their technical assumptions.

Technical Review 80

Technical Review Development Team Review Differentiation Leadership 80

techcrunch.com

JUNE 22, 2012

For example: If an advisor meets with the founding team monthly, is involved in recruiting talent for the business, and takes a few customer calls, then that advisor would be entitled to 1 percent of the company in the form of restricted stock or options, vesting over a two-year time frame. Follow @TechCrunch. 2011 Holiday. Gift Guide.

Equity 94

Equity San Francisco Startup Silicon Valley 94

Startup Professionals Musings

OCTOBER 17, 2013

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 224

Stock Options Stock Advisory Board Startup 224

Hunter Walker

JUNE 7, 2022

For example, I was sort of a non-engineer jack of all trades when I worked at Linden Lab (makers of virtual world, err metaverse, Second Life). The ‘average’ startup offers a 90 day period post employment where you have to exercise any vested stock options before forfeiting them back to the company.

Stock Options 94

Stock Options Vesting Stock Valuation 94

The Next Web

AUGUST 26, 2013

But never give away shares without vesting. When I started hiring my first engineers, designers and marketers, I was mainly focused on passion, energy and most importantly potential. Your technical co-founder who built much of your first product is not likely to be your VP Engineering when you have a couple hundred engineers.

Management 120

Management Cofounder Startup Bootstrapping 120

Hunter Walker

JUNE 25, 2021

Ken’s argument is that most tech companies treat product management careers in a very different way than they do engineering and design. So, in my experience, the senior product managers who had also opted out of the standard VP promotion track, were also the truth tellers, the culture carriers and the inglorious but complex work-doers.

Management 98

Management Product Vesting IPO 98

ConversionXL

FEBRUARY 2, 2016

The individual who had executed the test had a vested interested in making sure that ‘A’ was the winner. When you hear a phrase like that, you know the person has a vested interest in making sure that the test shows a certain answer. See, this person’s incentive structure was based on A winning. Visualize Results.

Vesting 48

Vesting Analytics Conversion Revenue 48

Startup Professionals Musings

SEPTEMBER 22, 2012

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 230

Stock Options Stock Advisory Board Startup 230

Both Sides of the Table

MAY 13, 2013

Chief Vesting Officers)? Many buying companies price these deals on the basis of $1 million per engineer on the team for an early-stage deal. Usually the location of the engineers matters great so having offshore engineering makes acquihires unlikely. The Aqui-hire Business. Go do a startup. Woo the press.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

Steve Blank

OCTOBER 28, 2010

The company headcount was mostly engineers accomplishing the impossible on a regular basis while a few of us were outside the building trying to do what we would call today Customer Discovery and Validation. First, I thought that not pumping up engineering every week would demotivate the team. Engineering was much smarter.

Business Model 239

Business Model Customer Development Engineer Vesting 239

www.informationarbitrage.com

FEBRUARY 24, 2010

They might give them too much stock, and even have that stock not subject to vesting provisions. And if this business partnership doesn't work out, the CTO / Founder, the engine of value for the company, is stuck in a bad, bad place. They might give them too much stock, and even have that stock not subject to vesting provisions.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Startup Professionals Musings

JULY 24, 2011

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 234

Equity Advisory Board Stock Options Stock 234

www.instigatorblog.com

OCTOBER 23, 2010

This is especially true when you think of a tech startup, where the first few hires are typically engineers/programmers. To make round numbers let's say you have 100,000 share outstanding and you give your lead engineer 1000. link] VC part 3: Engineers deserve more equity — Some French Guy [.] 1% is just not a lot.

Equity 41

Equity Employee Startup Vesting 41

Austin Startup

AUGUST 20, 2017

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. I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. One of my engineers once told me my favorite color was plaid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Professionals Musings

MARCH 29, 2015

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 120

Stock Options Stock Advisory Board Startup 120

www.seriesseed.com

DECEMBER 9, 2012

There are some Vesting terms for founders in the term sheet but I can't find them in the others documents too. it is one of pdf search engines (for example [link]. This is typically done in a founder stock purchase agreement which contains vesting. A template for promissory notes would be nice to have as well. Great effort!

Finance 40

Finance Term Sheet Vesting LLC 40

Duct Tape Marketing

JANUARY 2, 2018

As a manufacturing engineer, Bianco takes design specifications, puts them into work instructions and then works to ensure that satellite hardware is built correctly. They have a vested interest in how well the company does,” he observes. Bianco, 25, has been working on building solar arrays to power satellites. Open to Change.

United States 29

United States Baltimore Engineer Software 29

Start Up Blog

APRIL 27, 2020

Being concerned, I decided to perform some searches about the issue, ironically on the same companies search engine. Our national broadcaster is something our government owns and controls and we all have a vested interest in maintaining. All of which yielded trouble shooting links from the same corporate giant.

Australia 88

Australia Vesting Cloud Government 88

Reid Hoffman

DECEMBER 10, 2020

One one level, the design mindset is similar to the engineering mindset, in that it seeks to frame and understand a problem, and then solve that problem. One of the central lessons I learned from the Airbnb founders, which I now try to convey to other entrepreneurs I work with, is the power of the design mindset.

Hosting 69

Hosting Hockey Stick IPO Silicon Valley 69

Women Entrepreneurs Can

NOVEMBER 27, 2019

But, just because a job requires a high-vis vest, it certainly does not mean that it should be a prerequisite that the employees in such a role all be male. With many quite high wages being available within the construction industry, there is also plenty of scope to work in areas such as civil engineering. How Can You Help?

Vesting 52

Vesting Employee Engineer Operations 52

The Startup Magazine

AUGUST 4, 2019

So apart from first considering the engineering limitations, and then going through with the addition of vertical storage, you have to remember when purchasing lift gear it has to be manufactured meeting the Australian or your own regional base standards. There’s always improvement needed with inventory.

Vertical 86

Vertical Vesting Design Sales 86

Startup Professionals Musings

JUNE 20, 2010

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock 144

Stock Stock Options Advisory Board Startup 144

blog.aparttimecto.com

OCTOBER 23, 2010

Thus, they typically take a vested interested in ensuring whatever they build will be able to evolve with the company. Most of the technically inclined engineers who would have the itch to work at a start for equity are already working on their own idea. #3 Without the cash, you’re very close to being DOA.

CTO Hire 40

CTO Hire Fractional CTO Equity Vesting 40

Steve Blank

JULY 28, 2016

Just like a regular passenger plane, except you put on a life vest, goggles, ear plugs, and over all that a half helmet protecting the top and back of your head while enclosing your ears in large plastic ear muffs. all with their engines running. And no pay raises make it hard to retain qualified people.

Silicon Valley 120

Silicon Valley PR Offshore Engineer 120

Berkonomics

APRIL 4, 2024

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. I engineered the extraction of the outside investors, even at a near total loss. Start-ups with one founder rarely have or need a board of directors.

Covenant 48

Covenant Software Review Stock Options Vesting 48

Both Sides of the Table

APRIL 22, 2010

Now is the time that you need “all hands on deck.&# That awesome gal you hired in engineering has job options and she knows it. And he has already vested 75% of his stock options at your company. “My stock was already vested so it was time to move on.&# What I hear – “You’re in it for the money.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

www.payne.org

SEPTEMBER 22, 2011

4 Vesting. You usually dont get all of your stock up front; it vests over a period of time, starting from your first day at work. Vesting parameters vary widely, but a classic model is 4 year vesting, a 1 year "cliff", and then monthly or quarterly vesting after that. Startup Equity For Employees. 3 Dilution.

Equity 56

Equity Employee Vesting Preferred Stock 56

Both Sides of the Table

AUGUST 17, 2009

It you have a great software engineer that’s awesome. Founder vesting. Yesterday I wrote a blog posting on founder vesting (see here ). You should implement restricted stock with vesting at the earliest stages in your company -even before the VC’s ask. Build prototypes and/or product.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

Scott Edward Walker

JUNE 23, 2011

Not only are there key contractual issues that must be buttoned-down (like vesting and IP assignment ), but also there is a minefield of laws and regulations that must be complied with. This is sometimes an overlooked issue for Web/tech startups — particularly those hiring engineers who are attending (or recently graduated from) a U.S.

Accredited Investor 82

Accredited Investor Sweat Equity Los Angeles Finder 82

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50