Startup Professionals Musings

JUNE 11, 2014

Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. The operations superstar. The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners.

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

YoungUpstarts

MAY 7, 2017

Jonmichael Moy (Jon Michael Moy) may be a seasoned veteran of Silicon Valley, but this accomplished, dedicated technology executive with more than seventeen years of experience in management and operations, product and business development and marketing has now brought his talents to Toronto.

Silicon Valley 178

Silicon Valley Technical Review Product Canada 178

Both Sides of the Table

JANUARY 21, 2010

Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price? They usually ask for warrants (basically like a stock option) in exchange for taking a deferred fee. Focus on the partner you would be working with.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Startup Professionals Musings

SEPTEMBER 13, 2015

Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. The operations superstar. The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners.

Technical Cofounder 120

Technical Cofounder Cofounder Advisory Board Stock Options 120

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. Called Tim Spicer (c-companies partner) and he told him matt, they only want one thing, more warrant coverage!!! Mark: 10% warrant coverage is like stock options. And he said ok got it.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit. My business partner and I were elated. We were on a roll.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Both Sides of the Table

JUNE 17, 2017

It was a stock option incentive related “expense” but I bet you didn’t know that because in an era where we only read the headlines — they must be a train wreck losing billions. Is the revenue dependent on a concentrated set of distribution partners or platforms that put future revenue at risk? Two-f **g-billion!

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

YoungUpstarts

JULY 17, 2020

If possible, offering stock options in lieu of raises or to counteract pay cuts is another way to build security. These changes fit the needs of the current crisis, but also look forward to a time when consumers will be operating on leaner budgets.

Startup 285

Startup Wisconsin Stock Options Dividend 285

The Startup Magazine

JUNE 1, 2023

When we set-up our next business our first decision was to operate with a remote workforce. After all, you’ve likely given your employees stock options which make them part-time business owners as well. Sokolovsky also operated an on-demand food delivery startup based in Berkeley, before entering eCommerce logistics.

Early Stage 112

Early Stage Los Angeles Silicon Valley Cofounder 112

YoungUpstarts

OCTOBER 24, 2017

Operating as an LLC or a corporation would provide protections. If you plan to operate as a limited partnership, corporation or LLC, you will need to file the appropriate documents with state authorities. There will be additional filing and operation costs for these entities, due to tax, accounting and legal issues.

LLC 145

LLC Startup Stock Options Cofounder 145

SoCal CTO

JUNE 9, 2010

He’d wasted a year of his life and had a pile of stock options that weren’t very interesting. While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: social networking, mobile operating systems, web browsers, office apps, and so on.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Startup Professionals Musings

NOVEMBER 30, 2014

Yet you should offer a reasonable monthly fee and/or some stock options to show you are serious about the position. If you are looking for someone to fill an operational gap, or to do product design, it’s usually more productive to look for a partner, employee, or consultant. Formalize the compensation.

Advisory Board 276

Advisory Board Startup Stock Options Stock 276

Startup Company Lawyer

MARCH 12, 2009

If a C corp generates net operating losses rather than net income, these are carried forward to offset future corporate taxable income. However, such operating losses may not be used to offset taxable income of the individual shareholders. S corps operate in a manner similar to C corps. Employee Compensation.

LLC 61

LLC Stock Options Preferred Stock Stock 61

www.joelonsoftware.com

MARCH 24, 2010

Wanted: High Frequency Performance Operations Specialist at Two Sigma Investments (New York, New York United States). Level 12-13 Operational. Teamwork skills are excellent at the project, company, and industry-partner levels. At any given time, stock option awards are equal based on level. Level 14 or 15.

Software Review 48

Software Review Stock Options Salary Technical Review 48

Startup Professionals Musings

JUNE 25, 2013

Yet you should offer a small monthly fee and/or some stock options to show you are serious about the position. If you are looking for someone to fill an operational gap, or to do product design, it’s usually more productive to look for a partner, employee, or consultant. Formalize the compensation.

Advisory Board 241

Advisory Board Entrepreneur Stock Options Stock 241

Startup Professionals Musings

MAY 25, 2012

Yet you should offer a small monthly fee and/or some stock options to show you are serious about the position. If you are looking for someone to fill an operational gap, or to do product design, it’s usually more productive to look for a partner, employee, or consultant. Formalize the compensation.

Advisory Board 233

Advisory Board Stock Options Startup Stock 233

Gust

NOVEMBER 23, 2014

Yet you should offer a reasonable monthly fee and/or some stock options to show you are serious about the position. If you are looking for someone to fill an operational gap, or to do product design, it’s usually more productive to look for a partner, employee, or consultant. Formalize the compensation.

Advisory Board 185

Advisory Board Startup Stock Options Stock 185

Agile VC

JUNE 5, 2011

The International segment appears to have similar profitability as the North America business though as it accounted for roughly the same proportion of adjusted operating income. My partner @ LeeHower looks back: [link] 5 days ago Search. We unfortunately don’t know how the pie breaks down on a revenue basis. Previous Entries.

North America 100

North America Chicago Boston Silicon Valley 100

Startup Professionals Musings

DECEMBER 21, 2010

Yet you should offer a small monthly fee and/or some stock options to show you are serious about the position. If you are looking for someone to fill an operational gap, or to do product design, it’s usually more productive to look for a partner, employee, or consultant. Formalize the compensation.

Advisory Board 229

Advisory Board Stock Options Stock Networking 229

www.thedailymuse.com

SEPTEMBER 18, 2012

You don’t want a senior partner preparing documents for an incorporation, nor do you want a third-year lawyer negotiating with a seasoned venture capitalist for you. A junior lawyer at a small firm in a smaller city may charge $150 an hour, while senior partners in big firms in major cities have been known to charge over $1,000 an hour.

Hiring 56

Hiring LLC Intellectual Property Private Equity 56

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. I advise my clients that you offer stock only after youve searched your heart and soul and cant come up with a way to pay with anything else," says Thomas H. Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. Related resources at inc.com: How to Take Stock.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

The Next Web

MARCH 2, 2014

This is the ultimate question to consider when weighing funding options. For us, because we chose to finance with debt, we gave up almost no equity in the company, and therefore almost no dilution of stock options. Is this someone you really want to partner with? How much control are you willing to sacrifice?

Liquidity Event 139

Liquidity Event Equity Finance Stock Options 139

Berkonomics

APRIL 4, 2024

Then along comes either money or contracts from strategic or financial investors or partners. The operations of the corporation become more complex. Ownership is spread among several classes of investors. The number of employees grows. Bank loans with restrictive covenants are taken on.

Covenant 48

Covenant Software Review Stock Options Vesting 48

Austin Startup

SEPTEMBER 19, 2017

I tend to think of this group as distinct from the business advisors with whom you may discuss operational strategy, but all the better if there is an overlap in capabilities. In other cases, they may come from your channel partners or elsewhere. As for compensation, stock options in the range of 0.1%

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Gust

NOVEMBER 4, 2011

This discussion expands on my Quora answer to a specific question: “ Why were the stock options of MySpace employees worthless even though the company was sold to News Corporation for hundreds of millions? ” The complete story includes a startup-within-a-startup, investments and exits by two VC firms, and some genuine corporate drama.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Agile VC

FEBRUARY 2, 2012

My partner Rob also wondered if Facebook is the next Yahoo! , How They Do It : Operate a social network at Facebook.com, through Facebook’s mobile apps, and the Facebook Platform which lets other websites extend Facebook’s tools for authentication and social sharing. or the next Google. Headquarters : Palo Alto, CA.

IPO 100

IPO South Korea Venezuela Revenue 100

Both Sides of the Table

MAY 23, 2010

the loan converts at 15-20% discout to the new money coming in) or your investor will get “warrant coverage&# which is similar to an employee stock option in that it gives the investor the right but not the obligation to invest in your company in the future at a defined priced. But piers are often counter productive.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

Both Sides of the Table

APRIL 27, 2010

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. I learned how to retain employees when stock options were no longer a real currency. I knew my partners for 8 years before joining GRP. There is a lot of long-term value in loyalty.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

infochachkie.com

SEPTEMBER 24, 2011

Basing a consultant’s compensation on the incremental revenue they generate is a great example of a deal that is on The Fringe (for other creative approaches to partnering, see Agreements on The Fringe). Thus, as your startup matures, many of your operational functions can be successfully outsourced. Get A Company on The Fringe.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Small Business Force

MARCH 1, 2013

It's an operating philosophy, but it's not for the faint of heart, because it's one that will need to permeate everything that you do, from day one. It's one thing to operate in a particular way with customers, but you need to operate the same way with employees. Now, this isn't some Pollyannaish notion. Always a "win, win."

Stock Options 37

Stock Options Operations Employee Small Business 37

VC Adventure

DECEMBER 4, 2009

since 1980 has been generated by firms operating less than five years.” My partner Brad Feld along with Paul Kedrosky wrote a passionate argument in the Wall Street Journal yesterday about one immigration reform idea, the Start-up Visa movement (worth reading the entire piece, see it here ). I whole heartedly agree.

Accredited Investor 49

Accredited Investor Venture Capital Stock Options Government 49

Cracking the Code

OCTOBER 12, 2012

If that company had had to comply with the proposed regulation, its founding partners would have faced the following dilemma: either forfeit 60% of their gains in tax, or … ask Electronic Arts to come back later. It enjoyed explosive growth, created 200 jobs in two years, and was acquired in 2009 by the American giant Electronic Arts.

France 71

France Europe Capital Gains Dilution 71

YoungUpstarts

AUGUST 17, 2011

It’s time for the nation’s education leaders to start operating like scrappy entrepreneurs. Schools can’t give stock options, but they can give praise and non-economic rewards to those who uncover a new idea that works. What’s worse, these cuts come at a time when the U.S. Know when it’s time to pull the plug.

Cofounder 200

Cofounder Programming Leadership Ohio 200

Berkonomics

SEPTEMBER 13, 2010

Then along comes either money or contracts from strategic or financial investors or partners. The operations of the corporation become more complex. Ownership is spread among several classes of investors. The number of employees grows. Bank loans with restrictive covenants are taken on.

Covenant 59

Covenant Software Review Stock Options Vesting 59

YoungUpstarts

JANUARY 4, 2019

Consider the culture deck as a window into your own company’s operating system. Culture is often the primary reason why a candidate joins a particular company—more than salary, stock options, or the inherent risk associated with the business. As you get started with your own culture deck, consider these 7 essential tips: 1.

Stock Options 129

Stock Options Global Viral Employee 129

Ben's Blog

APRIL 28, 2010

When my partner Marc wrote his post describing our firm , the most controversial component of our investment strategy was our preference for founding CEOs. At the time Jobs regained control of Apple, the conventional wisdom said that Apple was getting killed by “PC Economics” and had to separate the operating system from the hardware.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

www.paulgraham.com

APRIL 28, 2010

Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge. Ifyour competitors offer employees stock options that might make themrich, while you make it clear you plan to stay private, yourcompetitors will get the best people.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76