Board Effect

FEBRUARY 16, 2022

Regina Phelps, the founder of Emergency Management and Safety Solutions, describes four critical elements of an efficient crisis management process as follows: Team roles and responsibilities that are identifiable. Offer a public apology if the crisis warrants one. The most obvious course of action may not be the best course.

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PR Management Warrant Bankruptcy 98

Both Sides of the Table

MAY 27, 2013

But the thing I am most proud of about Rob is that he has taken a company with a uniquely talented founder & CTO – Nick Halstead – and managed to build a very tight working relationship with Nick where we drive world-class product development without having the usual founder / CEO conflicts. Rob is driven to learn.

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Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Company Lawyer

MAY 4, 2009

Adeo Ressi , the founding member of TheFunded , recently announced the establishment of TheFunded Founder Institute. The Founder Institute helps founders launch innovative companies by providing training, services, and company-building assignments, such as incorporating the business, filing provision patents, and setting up books and records.

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Founder Warrant San Francisco Intellectual Property 28

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 24, 2015

Young founders may fancy themselves wizards of coding, design, and salesmanship, because they’re individually excellent; I did! The trouble with this form of delegation is it results in a team that is not materially better than the founder , at anything. Not all selfish acts are bad ones! And it’s wrong.

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Warrant Founder Engineer Matching 120

Both Sides of the Table

MARCH 18, 2010

It was inspired somewhat by a comment that Matt Coffin (founder of LowerMyBills) made at a technology event hosted by Jason Nazar. He was able to speak with a successful entrepreneur who told him how to restructure the debt (essentially by increasing their warrant coverage) and that was enough to seal the deal. The rest is history.

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Southern California Los Angeles Technical Review Covenant 259

David Teten

OCTOBER 1, 2015

What are the terms of their relationship with the founder? I’ve also asked this question on Quora.There, I ask for advice on how to best structure this for all parties: The development shop, the founders (outside of the dev shop), and potential outside investors. What are the timelines? The discounts? The cliffs? The fine print?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Both Sides of the Table

SEPTEMBER 13, 2014

In this case it warrants a personal email (or better yet a phone call) from you and a Herculean effort to reschedule the meeting. I’m not talking about two people from the same company (like co-founders) or two partners at a VC firm. And obviously it is far worse if you were the person who had originally requested the meeting.

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Las Vegas Warrant Technical Review Cofounder 369

ReadWriteStart

JANUARY 28, 2022

Warrants are a kind of equity that are often attached to a corporate bond issuance or preferred stock to make the transaction more appealing to investors. It is possible to participate in a company’s capital gains (losses) without purchasing its common stock if the owner of a warrant holds it for a lengthy period of time.

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Valuation Equity Warrant Common Stock 108

Both Sides of the Table

DECEMBER 14, 2016

We also look for a cultural fit with Upfront, which includes the gravitas to deal with executives and founders at the startups we back as well as the other board members. Yves Sisteron, our founder and still a full-time and very active member of our partnership, has the opposite style.

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Partner South Korea Venture Capital Europe 150

View from Seed

APRIL 30, 2015

What is it, and how should founders think about it? note: We’d like to be extra clear that founders should not take on venture debt if they don’t have 100% visibility into repaying the loan, as banks that need to recoup their loan my force the company or you as the guarantor into liquidation or bankruptcy.

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Term Sheet Equity Startup Seed Stage 120

The Startup Magazine

OCTOBER 27, 2018

As part of The Startup Magazine founder interview series , we talked with Travis Batiza, the founder of AssuredLeads, a sales and marketing platform serving the insurance industry. My co-founder, Taylor Stinchfield, and I helped build a rapidly-growing insurance agency prior to founding AssuredLeads. Great advice.

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Founder Sales Cofounder Early Stage 98

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. . Flexible VC 102: Variations.

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Cofounder Technical Review Equity Dividend 78

ConversionXL

JUNE 2, 2022

As CXL founder Peep Laja notes in his CRO agency masterclass : “…it’s permission-based marketing. But the customer is worth more and the target approach of ABM is warranted. If so, even a small deal may warrant a targeted approach. When they do reach out, it’s because there’s interest. They’re coming to find you.

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Lead Generation Marketing Sales Cycle Campaign 94

Startup Professionals Musings

OCTOBER 17, 2010

Then proceed with cautious urgency and make quick changes when warranted. Today’s article is presented by one of the founders of our Startup Professionals team, Ernst H. It’s normal to make some mistakes, but you need to minimize these by at least avoiding the common pitfalls, and realizing the importance of the staffing process.

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Hiring Warrant Salary Search 230

Up and Running

DECEMBER 8, 2021

Startup founders will inevitably end up paying more in total costs and time with lawyers that are less proficient at drafting a patent application. A serious patent claim against a startup’s key product can be severe enough to create an emergency warranting dedicated in-house counsel immediately.

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Technical Review Portfolio Startup Intellectual Property 88

www.mattbartus.com

DECEMBER 9, 2012

Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. If you are a company that is fundraising, keep in mind that there are a few different levers you can pull to change the amount of dilution that the founders will experience. Warrants. -. 1,333,333 warrants x $0.50

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Warrant Valuation Pre-Money Valuation Term Sheet 40

Both Sides of the Table

SEPTEMBER 28, 2014

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it

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Burn Rate Balance Sheet .Net Valuation 383

ithacaVC

NOVEMBER 12, 2011

Below I refer to this fair risk incentive as the “reward” The article I just read, however, argues strongly that the convertible debt holder, and, more importantly, the new Series A investors, would be better off if the convertible debt had warrant coverage instead of a conversion discount. Here is the article.

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Warrant Liquidation Preference Equity Stock 49

Both Sides of the Table

NOVEMBER 29, 2010

Justyn Howard, founder of Sprout Social has a blog post that he’s written about his experiences of migrating from scrappy tools to more efficient ones (i.e. And this is especially important since the people who get sucked into this admin the most are the founders – the people who you most want focused on high-value tasks.

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Berkonomics

FEBRUARY 9, 2023

In the investment world, if we are unable to come to terms over the valuation of a company, we sometimes add penny warrants to sweeten the deal, allowing the investors to own a larger stake in the company at any time merely by exercising the warrants.

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Naming Warrant Private Equity Valuation 62

Both Sides of the Table

AUGUST 3, 2010

years ago and told me, “I just got offered the chance to buy this company because the founder doesn’t want to continue. During the weekend Alan Patricoff , the famed investor & founder of Greycroft said, “don’t trade your cat for somebody else’s dog&# when talking about merging early stage companies.

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Merger Technical Review Early Stage Dilution 276

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Key elements: . “We

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Revenue Technical Review Software Review Equity 60

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As a founder, ask yourself – does your business actually warrant VC funding?

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Early Stage Los Angeles Silicon Valley Cofounder 111

Both Sides of the Table

JANUARY 5, 2010

So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? Few people have it. Why should I be?

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Entrepreneur CTO Hire South America Salary 293

Gust

JULY 12, 2012

If you are going to be a true co-founder (and 20% equity sounds like it), sharing over-all decision making about company direction, strategy, financing, staffing, etc. Similarly, if you are putting cold, hard cash into this pre-funded startup, along with your time and skill, then that may well warrant a board seat to protect your money.

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Cofounder Founder Warrant Equity 107

Gust

JUNE 7, 2014

5) Senior Preferred Stock and warrants. 7) Junior Preferred Stock and warrants. 9) Common Stock (including any Preferred that converted to Common, any exercised options, and all Founders stock) and Common stock warrants. So, here is the typical payout order, from first to last: 1) Salaries owed to employees.

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Warrant Preferred Stock Early Stage Common Stock 157

A Smart Bear: Startups and Marketing for Geeks

AUGUST 30, 2010

A virtual assistant (VA) is a remote worker hired to complete tasks you should not be doing as the founder of a startup. As I've automated pieces of my businesses, I've noticed an interesting trend: nearly anything I try to automate is easier to outsource first, then automate down the line once the volume warrants it.

Software Review 284

Software Review Startup Technical Review Hosting 284

Austin Startup

FEBRUARY 24, 2018

along with the contributions of dozens if not hundreds of founders, entrepreneurs and investors, to build out the canon for the startup. As a founder you have to have a sense of whether you have an investable thesis or company?—?or Perhaps a specialist is warranted in one area, and a smart generalist in another.

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Warrant Bootstrapping Framework Hiring 48

YoungUpstarts

AUGUST 30, 2017

by Les Trachtman, author of “ Don’t F**k It Up: How Founders and Their Successors Can Avoid the Clichés That Inhibit Growth “ Money. Just because you are a founder, does not mean you deserve to run an organization (unless you are the only employee). Founders who have this epiphany, may actually become good CEOs.

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Warrant Valuation Metrics Startup 179

Both Sides of the Table

SEPTEMBER 18, 2014

I know how to structure around that to protect the founders from getting screwed on a multiple liquidation preference. But most VCs don’t bother so many convertible note founders get screwed and never know it until they sell their companies. I see that all the time. My colleague: Whoa. ” Simple. And so forth.

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Venture Capital Liquidation Preference Valuation Term Sheet 417

Reid Hoffman

JULY 20, 2022

When my co-founders and I launched LinkedIn thirteen years later in 2003, none of our users had jobs like “social media manager,” “TikTok influencer,” or “virtual reality architect” yet. In fact, even licensing stock photos probably wouldn’t warrant the fees and effort.

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Warrant Artificial Inteligence Social Media Early Stage 44

Berkonomics

FEBRUARY 20, 2020

There are a number of venture debt lenders, however, that will waive the guarantee in return for warrants to purchase stock if the VC backing the company is recognized and has a relationship with the lender. A novel reward for the entrepreneur from the board. All entrepreneurs assume risk when starting and growing a business.

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Warrant Liquidity Event Stock Finance 62

Both Sides of the Table

SEPTEMBER 30, 2015

There are times where it is warranted. Your word is your bond and pulling out screws founders with other potential investors. So if you’re a VC – you better have a pretty damn good reason for pulling out of deal after offering a term sheet. But they are few and far between.

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Term Sheet Warrant Founder Entrepreneur 150

The Next Web

DECEMBER 23, 2013

Len Kendall is the founder of CentUp. Both companies had a very serious problem on their hands that warranted the CEO getting involved from a communication perspective. Prior to starting a company he worked in PR where he helped put out fires and manage digital communications. Stay on brand.

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Technical Review PR Warrant Africa 134

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

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Founder Liquidation Preference Term Sheet Participating Preferred 329

Hunter Walker

OCTOBER 19, 2017

I met Jessica Alter when was running FounderDating, which helped solo founders discover their perfect cofounders. JA: We understand the legacy feelings and, to some extent, they are warranted. Like many of us, the 2016 Presidential Election alarmed her, but unlike many of us, she’s doing something more than just rage tweeting.

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Campaign Technical Cofounder Cofounder Virginia 55

Startup Lessons Learned

JUNE 5, 2020

Breonna Taylor : Shortly after midnight on March 13, Louisville police, executing a search warrant, used a battering ram to crash into the apartment of Breonna Taylor, a 26-year-old African-American emergency room technician. After a brief confrontation, they fired several shots, striking her at least eight times. Mr. Floyd was 46 years old.

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