Startup Professionals Musings

SEPTEMBER 10, 2018

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.

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Startup Professionals Musings

FEBRUARY 18, 2018

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground. The trusted leader.

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Feld Thoughts

SEPTEMBER 2, 2011

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. The founders each have common shares that will vest over four years. Time to update the cap table.

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Startup Professionals Musings

SEPTEMBER 13, 2015

Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.

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David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Our categorization is not a technical one.

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David Teten

MARCH 14, 2018

Managers of VC funds typically want to grow their business aggressively, just like the founders we back. Among the sites we have found most helpful with practical guides for founders: Biztree , First Search , Foundersuite , Goodwin Founders Workbench , Guides.co , Inc.com , and StartupRocket. .

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Scalable Startup

OCTOBER 9, 2014

Talking to CEO and CTO about role as co-founder/COO. > The cofounder title is much easier to give away then real stock. > . > Don’t agree to deferred cash, you usually never see this. > > Ask to see the bank account, proof of investment. Often this is a “story” or a hypothetical.

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Lightspeed Venture Partners

OCTOBER 7, 2012

Week three’s breakdown covered topics like how hard momentum is to turn around, and how participating preferred stock works. The founders were very sympathetic; a man, laid off from his job, and his very pregnant wife, who sold their house and investing $150k into the business and are working hard to make a go of it.

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Up and Running

JANUARY 21, 2015

It can’t come as a surprise that they are currently seeing low numbers, with stock down seventeen percent since the start of the year. The scandal over Tinder CEO Sean Rad and CMO Justin Mateen sexually harassing fellow cofounder Whitney Wolfe ended in a million dollar settlement and horrible publicity for the company.

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The Next Web

OCTOBER 10, 2013

Two more entrepreneurial ventures later, Gleb cofounded online backup provider Backblaze to help consumers affordably, automatically, and safely back up their data. What are the pros and cons of starting a business alone versus with cofounders? How many founders are too many? One” – You have to have a cofounder.

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Scalable Startup

AUGUST 9, 2018

In their quest for sustainable growth, the elusive dream for most first time founders is that first funding. This can either come from the founder(s) own bank account or from outside investors. At this stage you’re essentially selling yourself and your cofounders. One of the easiest mistake to fix is timing.

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Seeing Both Sides

NOVEMBER 1, 2011

The CEOs on the panel were (from left to right): Michael Simon, CEO/founder of LogMeIn (2009 IPO) . Niraj Shah, CEO/cofounder of Wayfair ($500m revenue). Colin Angle, CEO/cofounder of iRobot (2005 IPO). Paul English, CTO/cofounder of Kayak ($200m revenue, S-1 filed). Scott Griffith, CEO ZipCar (2010 IPO).

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www.inc.com

SEPTEMBER 24, 2011

Advisor. ); STARTUP. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. Chip Morse , cofounder and partner with Morse, Barnes-Brown & Pendleton P.C., Entrepreneur news from reporter Eric Markowitz. Email address: Home.

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David Teten

OCTOBER 1, 2015

I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. The question is: how should they be compensated when cofounding a company? What are the terms of their relationship with the founder?

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Rob Go

JUNE 10, 2013

Most other things that founders do are a waste of time. For some reason most founders are really bad at this one. Some other candidate sources are ok, but I always got bad results from technical recruiters. Journalists like hearing directly from founders. Ask other founders how they are when everything goes wrong.

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A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. Well yeah, you could potentially find a cofounder. I first did it for the founder. In Spain I have large companies.

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Up and Running

MARCH 1, 2016

See Also: Got “Founder Fit”? Drop into a store that you think would be a great candidate for stocking your product in the future. Blackbox cofounder Bjoern Lasse Herrmann says, “Too many startups start building first without talking to customers. He calls this “the secret of the market.”. Do you know a specific market’s secret?

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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. Siebel—Tom Siebel. Sony—Akio Morita. Sun—Scott McNeely.

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techcrunch.com

OCTOBER 23, 2010

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. Then, forget everything else, VCs included, and just build. and Google.

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steveblank.com

JULY 8, 2011

Blogs (VC): Antonio Rodriguez [link] – A very technical VC at Matrix partners who can actually code. I’d like to add [link] as a community for founders. Very easy to use and share. I am not associated with the company. Reply Dave Jafari , on April 10, 2011 at 10:11 am said: Great list Steve.

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