Startup Professionals Musings

AUGUST 4, 2014

Giving a co-founder a salary won’t get you the “fire in the belly” you want. Of course, all co-founders need to remember that allocated percentages will be diluted as angel and venture capital investors are brought in. You need to find the skills or experience you don’t have in business, technology or money.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

Steve Blank

OCTOBER 10, 2011

You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. The country needs to figure out a long term privatization strategy for Venture investing. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital.

Finland 324

Finland Naming Russia Government 324

This is going to be BIG.

MARCH 5, 2014

About seven years ago, I wrote a post on breaking into venture capital and I continue to point the five or six people a week who ask me how to break into venture. It''s a group of her peers from the professional world--up and coming titans of finance and consulting with good salaries and not a lot of dependents.

Venture Capital 114

Venture Capital Early Stage Cofounder Angel Groups 114

ReadWriteStart

MAY 22, 2023

Europe has also lagged behind the US in venture to finance. Governments may be able to provide support in these areas by removing barriers to growth and spurring venture capital to help Europe’s fledgling Metaverse ecosystem. Talent retention is one of the biggest challenges facing Europe’s Metaverse industry.

Finland 187

Finland Europe Estonia Silicon Valley 187

YoungUpstarts

JULY 16, 2019

Information systems analyst and consultants start at a median salary of $74,048. million in venture capital to move. Montreal is a spot for new start-ups and venture capital. Experts believe the global interest has made these jobs easier to fill. Tech Association listed five tech jobs in high demand until 2021.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

Startup Professionals Musings

SEPTEMBER 20, 2017

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a nonprofit have little in common with angel investors, or the venture capital process.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

The Equity Kicker

SEPTEMBER 11, 2012

Just today I was with a company where the most likely exit value is £25m, that could be a great result for the founders and employees, but wouldn’t be a great result for a VC, and hence raising venture capital is not the right idea for them, and they probably shouldn’t have been wasting cycles talking with us. Emphasis mine.).

Venture Capital 134

Venture Capital Valuation Salary Founder 134

Steve Blank

APRIL 14, 2013

Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company. Because salaries are cheap, startups seem to try to solve every problem by throwing bodies at it.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

Women Entrepreneurs Can

MAY 27, 2021

The startup capital necessary to open a restaurant is also quite hefty, thanks to all the kitchen equipment, stock, and staff salaries you’ll need to cover. Luckily, there are food and beverage venture capital opportunities available to help you out as an investment.

Software Developers 52

Software Developers Software Development eCommerce Startup 52

Up and Running

AUGUST 19, 2014

You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? Here are seven things to consider in order to determine if now is the right time to pay yourself a salary. Once you generate the financial support of investors, it may be time to reward yourself with a salary.

Salary 119

Salary Sweat Equity Silicon Valley Sales Cycle 119

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. Startup founders typically invest some real dollars into their new startup as well as months or years of their time with no salary. Frothy is good for entrepreneurs. Seed-round investment. Sweat equity.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Startup Professionals Musings

OCTOBER 7, 2022

On the other hand, venture capital organizations typically look for needs that exceed $2 million. Ancillary objectives, like retiring existing debt, buying a building or paying salaries to people with equity ownership will not get traction. Every type of investor has comfortable ranges and limits.

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

Startup Professionals Musings

OCTOBER 13, 2013

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with Angel investors, or the venture capital process.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

This is going to be BIG.

MAY 12, 2014

I take a salary of $100,000, while healthcare and other HR related expenses like add up to another $16k on top of that. Venture Capital & Technology' Over time, when I raise the second and third fund, those fees will ramp down in the out years, but I''ll still have two funds worth of management fees to run with.

Investment Bankers 167

Investment Bankers Term Sheet Venture Capital Technical Review 167

Startup Professionals Musings

SEPTEMBER 15, 2012

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

David Teten

NOVEMBER 26, 2019

due to inflation, salary increases) to maintain margin in an environment of downward pressure on prices. Disclosure: Graphite Financial is a spinoff of ff Venture Capital , where I was formerly a Partner. Managers look at numbers at a higher level than before. Guest contributed to Techcrunch.

Agile 60

Agile Management Forecast Silicon Valley 60

ReadWriteStart

FEBRUARY 21, 2021

Early in your startup’s development, you’ll likely be low on capital. Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. Accordingly, you’ll need to be frugal.

Startup 106

Startup Software Review Open Source Technical Review 106

David Teten

DECEMBER 24, 2015

At our firm, ff Venture Capital , we didn’t aim to go to Canada, but ended up there anyway. We’re a New York based early-stage venture capital firm. Another Canadian firm that’s attracted venture capital is InteraXon *, founded in 2007. We are aware of only one other U.S. ff VC company.

New York 60

New York Venture Capital Canada Silicon Valley 60

Startup Professionals Musings

JULY 3, 2011

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

David Teten

JANUARY 23, 2021

The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. For ideas, see How Executives Can Work from Home with Private Equity and Venture Capital Funds. See How Emerging Venture Capital Fund Managers Should Think About Their LP Fundraising Strategies.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Startup Professionals Musings

FEBRUARY 15, 2015

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with Angel investors, or the venture capital process.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Steve Blank

APRIL 14, 2013

Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company. Because salaries are cheap, startups seem to try to solve every problem by throwing bodies at it.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

The Startup Lawyer

JUNE 9, 2010

A startup’s Series A financing shouldn’t be a large liquidity event or salary payday for the startup’s founders. The term sheet was pretty much a done deal, when the startup’s CEO demanded a salary of $25,000. The Importance of Startup CEO Salary. The CEO’s salary sets a cap for everyone else.

Salary 99

Salary Term Sheet Liquidation Preference Liquidity Event 99

Steve Blank

SEPTEMBER 1, 2021

Firms first generate new ideas via ideation: the last twenty years have seen an explosion of corporate venture capital, open innovation, and employee involvement via hackathons and incubators. In the end, exploitation pays your salary while exploration pays your pension. Scaling is the crux of ambidexterity.

Incubator 402

Incubator Lean Agile Business Model 402

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. Compensation : base salary, share of profits of management company, carry. – The firm and your capital commitment.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Both Sides of the Table

NOVEMBER 14, 2010

The price of property has an inherent value tied to two factors: 1) the rental rate you could charge for your property and 2) annual salaries in a given geography. They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. You’re stuck in the past.&#.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Startup Professionals Musings

JANUARY 4, 2020

On the other hand, venture capital organizations typically look for needs that exceed $2 million. Ancillary objectives, like retiring existing debt, buying a building or paying salaries to people with equity ownership will not get traction. Every type of investor has comfortable ranges and limits.

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Both Sides of the Table

DECEMBER 27, 2011

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. They raised $5 million in venture capital to fund growth. The most obvious way to explain this is with sales people.

Startup 418

Startup Revenue Technical Review Flash 418

Both Sides of the Table

APRIL 20, 2011

In the early 80’s he left academia to work on venture capital investing with Jim Simons, Renaissance Technologies. The discussion with Howard Morgan starts off by acknowledging Josh Kopelman as a co-founder of First Round Capital. First Round Capital’s Tools, Techniques, Processes. They have sixteen people on staff.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

YoungUpstarts

JULY 16, 2020

If you want your business to grow faster by taking on investors and raising venture capital, you might want to switch your business entity from an LLC to a C Corporation. The C Corporation is often the best choice for companies that want to take on capital from investors or sell shares of stock.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Founder Earnings = Net Income + any amount of founders’ salaries over a certain threshold. Should You Raise Equity Venture Capital or Revenue-Based Investing VC? We get earnings when you do.”.

Revenue 60

Revenue Technical Review Software Review Equity 60

VC Cafe

APRIL 27, 2011

Despite the VC’s obvious disadvantage in the early stages, marketing and differentiation of venture capital funds is limited today. Benchmark – Use the information from all your investments to give entrepreneurs data about salaries, price for marketing, etc. So what makes one VC fund be better perceived than others?

Venture Capital 90

Venture Capital Differentiation Incubator Angel Investor 90

Startup Professionals Musings

JUNE 6, 2010

This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

Both Sides of the Table

JULY 13, 2013

By the way, the salary, which was a good salary, was $27,000 entry salary, and engineers were paid $31,000 to $35,000. [00:10:30] So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.” They paid engineers $4,000 more entry-point.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

Steve Blank

APRIL 10, 2019

As Venture Capital emerged as an industry in the mid 1970’s, investors in venture-funded startups began to give stock options to all their employees. Back then, when Angel/Seed investing didn’t exist, to get the company started, founders put a lot more on the line – going without a salary, mortgaging their homes etc.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

This is going to be BIG.

FEBRUARY 22, 2010

This includes establishing sales objectives and compensation plans for all sales personnel, including salary structures, commission plans, sales contests and bonus plans. Tags: First Round Capital Venture Capital & Technology nextNY. " "Hit it."

Part-Time VPE 92

Part-Time VPE CTO Hire Engineer Sales 92

This is going to be BIG.

NOVEMBER 28, 2021

Turns out being in a quiet place with good WIFI minding someone who basically just eats and sleeps most of the time while tethered to all manner of monitors actually makes for a great work environment for venture capital. She’s even been on several board calls already and last week showed up on her first pitch call.

Hiring 179

Hiring Early Stage Marketing Term Sheet 179