The Startup Toolkit

FEBRUARY 15, 2013

false As a cheatsheet, the “normal” equity structure is: Founder terms: 4 year vesting, 1 year cliff, for everyone, including you. 2.0% ) : 4 year vesting, optional cliff, full acceleration on exit. When it comes to equity terms, there are only 3 things to understand: vesting, cliffs, and acceleration. Cliffs & vesting.

Vesting 56

Vesting Equity Cofounder Technical Review 56

The Startup Magazine

AUGUST 19, 2022

It’s necessary to keep an eye on production resources and the waste produced during production (excess materials, overproduction, defects, etc.) With proper communication, it’s possible to increase efficiency, safety, productivity and workplace satisfaction. Productivity management and tracking. Gamification.

Operations 123

Operations Technical Review .Net Mobile 123

Startup Professionals Musings

SEPTEMBER 10, 2018

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Building the product may be the easy part of your startup challenge. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

The Startup Magazine

FEBRUARY 11, 2024

Hire Qualified Drivers Just as hiring skilled and productive employees is vital for a startup, bringing on board qualified drivers with clean driving records and appropriate licenses reduces road risks substantially.

Technical Review 125

Technical Review Houston Dividend Startup 125

The Startup Magazine

SEPTEMBER 11, 2023

A reputable supplier will offer quality products, provide guidance on design, and ensure timely delivery. For instance, managerial staff might wear branded blazers, while field workers might have branded high-visibility vests. Ensure the workwear is functional for their roles. Absolutely, different roles may require varied attire.

Technical Review 134

Technical Review Startup Vesting Employee 134

SoCal CTO

NOVEMBER 1, 2010

He had a partially built product. In my experience, it’s naive to think you can just “get developers to build the product” although it does sometimes work. Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). He needed some kind of CTO and as well Developers.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

The Startup Magazine

FEBRUARY 21, 2024

We recently worked with a retailer who was struggling due to operational inefficiencies, an overly broad and outdated product line, and a burdensome debt structure. Strategic capital was invested in rationalizing and updating the product line and tapping into new sales channels that aligned with emerging industry trends.

Technical Review 134

Technical Review Due Diligence Bankruptcy Intellectual Property 134

NZ Entrepreneur

JUNE 9, 2022

It’s certainly tested traditional management styles as managers continue to learn to trust people and ensure they are productive, meet deadlines and meet KPI’s with ease. Think about the impression you will be giving your clients or customers if you are constantly cutting out when trying to explain the highlights of your products or services.

Bandwidth 99

Bandwidth Vesting Technical Review Video 99

VC Adventure

AUGUST 16, 2020

The data change over time and, frankly, I’m less interested in debating what % grant your Director of Product Management should receive given your stage of company and capital raised, and more interested in the structure of your program. I’m also not going to give option bands for various positions.

Programming 149

Programming Vesting Equity Software Review 149

Startup Professionals Musings

AUGUST 4, 2014

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors and large potential customers. Building the product may be the easy part of your startup challenge. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

Up and Running

JUNE 7, 2021

We have gotten used to treating one another as a means to our vested interests, thereby plaguing the very essential humanitarian value of mutual ethics, respect, love, and compassion. So obsessing over revenue rather than investing in a happy and productive work culture is actually a false economy.

Framework 191

Framework United States Employee Vesting 191

Feld Thoughts

SEPTEMBER 2, 2011

The founders each have common shares that will vest over four years. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. Praveena is just like the other two founders, where her equity will vest over 4 years. Time to update the cap table.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

Duct Tape Marketing

MAY 19, 2020

Service or Product Videos. That’s where product or service videos come in. A video showcasing your offerings can help to dynamically demonstrate all the pros of purchasing your product or service. Even for simple products, video can help to bring the item to life. It doesn’t matter what kind of business you run.

Video 101

Video Marketing Technical Review Software Review 101

YoungUpstarts

AUGUST 5, 2016

He has military haircut, Kevlar vest and a gun. A Smokey the bear with a Kevlar vest and a gun. At the same time, she also insured that she did not over-deliver or waste product or services. Have a product that people want – green Chile burgers. Pretty smooth. Our food arrived and looked and smelled delicious.

Chile 100

Chile Green Albuquerque Vesting 100

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. You likely to get the best result based on this equation.

CTO 167

CTO CTO Hire Equity Vesting 167

The Startup Magazine

JANUARY 23, 2024

Each accident could have dramatic consequences, from productivity drop, loss of goods, high warehousing repair costs, and even fatalities. Equip all staff with the necessary gear, including helmets, high-visibility vests, gloves, and steel-toed boots. Tailor the PPE to the specific tasks performed in your warehouse.

Vesting 128

Vesting Security Operations Product 128

Startup Professionals Musings

AUGUST 24, 2016

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Building the product may be the easy part of your startup challenge. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. You likely to get the best result based on this equation.

CTO 150

CTO CTO Hire Equity Vesting 150

Startup Professionals Musings

JULY 1, 2022

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” 7% Product Manager,2 -.3% For example, 200,000 shares may sound like a lot, but if the startup has issued 20 million (a common starting point), that’s just 1% of the company. Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 343

Stock Options Advisory Board Stock Startup 343

Startup Professionals Musings

MAY 8, 2022

Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. No one wants to put in money until you have a product, and you need money to build the product. Startups are usually founded by product or service experts who don’t enjoy the various growth phases.

Founder 325

Founder Hockey Stick Cofounder Liquidity Event 325

Startup Professionals Musings

APRIL 10, 2016

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. If it’s too early for customers, make sure you understand exactly when the product ships, how detailed is the rollout and promotion plan, and how many times these plans have changed.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Hunter Walker

JUNE 25, 2021

Why Ken Norton’s Dual Product Management Career Path Can Also Encourage Innovation At Scale. And oh my does this concept speak to my own experiences as a BigCo product lead. And oh my does this concept speak to my own experiences as a BigCo product lead.

Management 98

Management Product Vesting IPO 98

Mike Michalowicz

JULY 26, 2017

Social entrepreneurship can actually boost your employee retention rate and their productivity. This will also encourage them to come forward with their own ideas on how to tackle projects because of their vested interest. . Individuals, especially millennials, are increasingly expressing a desire to do meaningful work.

Software Review 106

Software Review Vesting Retention Community 106

NZ Entrepreneur

SEPTEMBER 29, 2021

experiments to build a product, find customers, test business models and hire amazing people. The culture in a startup is also about moving fast, making informed guesses, learning when things go wrong (which they often will), and iterating and reiterating the design of the product or service until you get it right. Risk and reward.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Startup Professionals Musings

APRIL 8, 2015

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. If it’s too early for customers, make sure you understand exactly when the product ships, how detailed is the rollout and promotion plan, and how many times these plans have changed.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

David Teten

DECEMBER 29, 2014

MIR Weighted Vest – I use this sometimes while typing/walking around the apartment. Active Living Fitness Food New York Parenting Personal Technology Productivity' The cheap option is just to use the Western toilets in the Asian way, although that may leave the seat a little dirty. balance board or wobble board.

New York 114

New York Technical Review Vesting Architecture 114

Up and Running

DECEMBER 1, 2015

Stock options are issued to employees usually through an Employee Stock Option Plan (ESOP) and include what is called a “vesting period.” The vesting period, often three or four years, frees up a percentage of the options for the employee to purchase the longer they stay at the company. Restricted stock: .

Equity 60

Equity Employee Stock Options Vesting 60

NZ Entrepreneur

MAY 27, 2019

Building an MVP (Minimum Viable Product) is relatively cheap. Using a freelancer for this is fine, but if you let them build your final product, you’ll regret it. In the reverse situation, sometimes it’s the technical people who have a cool idea and product they’ve built. Look for someone with opposing skills.

Technical Cofounder 64

Technical Cofounder Cofounder Technical Review Software Review 64

Both Sides of the Table

JUNE 18, 2015

And even this can’t stop their employees from fleeing after two years of vesting to move on to the next hot startup. But honestly 10 extra hours in the office each day we would be there is way more productive. For investors life is no different. “Yeah, we think about going every year. These days I find myself doing less.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

Both Sides of the Table

FEBRUARY 20, 2019

just having a sparring partner with a vested interest in your success can be useful. The start is about inspiration, vision, product, early execution whereas the scale is about team management, process and consistency. If you get a smart person on the board?—?just Some founders are just better at the start then the scale.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

YoungUpstarts

AUGUST 11, 2020

Study the market to determine the best products. The products you sell should provide important solutions for pet owners. Asking yourself these questions will help you determine which products or services to offer in your pet-based business. Take the time to do your research: what are dog owners struggling with?

Vesting 246

Vesting Differentiation Social Media Small Business 246

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

Steve Blank

APRIL 10, 2019

Startup employees calculated that a) their hard work could change the odds and b) someday the stock options they were vesting might make them into millionaires. The stock trickled out over four years, as you would “vest” 1/48 th of the option each month. Essentially the company sells them the stock at zero cost, and they reverse vest.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

Steve Blank

JULY 19, 2010

As a founder I fought with VC’s over vesting as they brought in a new CEO and walked me out the door. As a board member I negotiated with founding CEO’s over vesting when I thought it was their time to go. Yet the traditional vesting model ignores this. It’s time to rethink how we vest stock for founding CEOs.

Vesting 251

Vesting Liquidity Event Venture Capital Founder Vesting 251

Steve Blank

MAY 19, 2015

Startups focus on speed since they are burning cash every day as they search for product/market fit. I was taken aback when I got a reply that sounded like VC buzzword bingo – phrases like “They’re a platform not a product” and the ever popular “they’re a potential Unicorn.”. Refactoring” organizational debt. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

ReadWriteStart

MAY 3, 2012

With a four-year vesting schedule and a six-month “cliff” or trial period, you can get others to join in on the fun of startup, and make progress without expending cash. Bootstrap 1. Offer Equity Compensation to Team Members: Generate interest in joining your team by giving equity to others with complementary skill sets to yours.

Bootstrapping 137

Bootstrapping Software Review Startup Equity 137

David Teten

MAY 7, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Do you wish there was a product to help companies “Get things done” by leveraging your own employees, your employees’ networks, and more broadly other influencers around you? You must have a strong product management pedigree.

America 60

America Technical Review Advisory Board Due Diligence 60