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How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). They are professionals with full-time jobs, who often don’t have time for due diligence (and may not even know how to do it) and often make decisions through trusted referrals or based on gut feelings (more on gut feelings later).

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Fog Creek Compensation

www.joelonsoftware.com

Joel on Software Fog Creek Compensation by Joel Spolsky Wednesday, August 30, 2000 At Fog Creek Software, the way we make sure that people are paid fairly and rewarded for excellent work is based on a professional ladder. So all Fog Creek software engineers are ranked at one of several different levels, level 8 through level 15.

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Twitter Link Roundup #238 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

“the people you fire are more important to your [company''s] culture than the people you hire.” Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. 5 Ways to Hire the Best Talent for Your Startup Team – crowdspring.co/1ptyfds. React – crowdspring.co/1yHa1WB.

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What’s a Fair 409A Discount?

VC Adventure

These costs have come down a lot since then, and the rules have been tweaked a bit but the overall 409A framework still is as it was when originally adopted – companies must hire a 3rd party to value their stock each year. So 30%-40% is the range.

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Can A Startup Do OffShore Development? Part 2

prosperati.com

Hiring Of all the issues we ran into when we first built our team, hiring was the most critical. As a result, local universities here churn out thousands of new graduates each year who can spell Microsoft but understand nothing about proper software engineering. If you hire the best, this person will lead you to the rest.

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How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

I was originally hired as a contractor, developing a SaaS app from scratch, including DB design and coding. Along the way, I was hired full time (I believe about 8 months after I started), a coder from India was hired and another contractor was added to the team. You’d have to look at your stock options contract.

Equity 62
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Why We Prefer Founding CEOs

Ben's Blog

Salmon points out that “not a single one of the 12 [candidates] is a CEO who was hired to run a company by its board of directors.”. This knowledge becomes the foundation on top of which a gigantic knowledge pyramid gets built which includes: Knowledge of every employee who gets hired and why.