techcrunch.com

JUNE 22, 2012

This is where FAST enters the picture, which Founder Institute has developed in conjunction with the Orrick Law Firm and Silicon Valley entrepreneurs, to standardize the process and remove the hassle, cost, and delay to the formation of these relationships.

Equity 94

Equity San Francisco Startup Silicon Valley 94

ReadWriteStart

AUGUST 29, 2012

A lot of people in Silicon Valley are down on job-hoppers these days. But it turns out that all that job-hopping is an important part of what makes the Valley so special. That’s Silicon Valley over the past few years. Job Hopping Makes Silicon Valley Hum. That’s why we have Silicon Valley.

Silicon Valley 146

Silicon Valley Stock Options Startup Vesting 146

Both Sides of the Table

MAY 9, 2011

So embedded is this conventional wisdom in Silicon Valley that it feels like heresy to even question it. Vested over 4 years. If you do decide to go down the 50/50 route, please at least consider: Make sure you have founder vesting for both of you. It’s only 3 minutes, 44 seconds. It’s a sacred cow, for sure.

Cofounder 393

Cofounder Founder Vesting Founder Vesting 393

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. The appeal of promoting entrepreneurship is obvious. I am just a little jaded with the one-sided view that entrepreneurship is a panacea for all employment ills.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

ReadWriteStart

AUGUST 29, 2012

A lot of people in Silicon Valley are down on job-hoppers these days. But it turns out that all that job-hopping is an important part of what makes the Valley so special. That’s Silicon Valley over the past few years. Job Hopping Makes Silicon Valley Hum. That’s why we have Silicon Valley.

Silicon Valley 74

Silicon Valley Stock Options Startup Vesting 74

Genuine VC

JUNE 12, 2012

We’re coming up on our 5th birthday; we have ~250 employees with offices in New York, SF, and London; we have contracts with 70 large customers, including most of the biggest in our space; our investors are [three top Silicon Valley firms].But But after you’ve initially vested (after three or four years?),

Vesting 112

Vesting Silicon Valley Startup New York 112

Reid Hoffman

DECEMBER 10, 2020

To honor the Alliance it had made with those former employees, Airbnb waived the usual vesting cliff so that they could exercise their stock options, and provided generous severance packages. One Silicon Valley saying that is not as appreciated as it should be is that many of the best companies are led by missionaries, not mercenaries.

Hosting 69

Hosting Hockey Stick IPO Silicon Valley 69

Both Sides of the Table

MARCH 8, 2010

Just wanted to get that out of the way up front so I won’t look like a vested-interest fanboy. I don’t live in Silicon Valley so I’m not always around the proverbial water cooler hearing about what the upcoming tech events are. I’m loving the product. Plancast for me fills an important need.

Silicon Valley 240

Silicon Valley Vesting Social Network Networking 240

Startup Professionals Musings

AUGUST 3, 2015

For new entrepreneurs looking for seed-stage help, concentrate on investors who know you or organizations with a vested interest. Other well-positioned groups outside the ACA, such as Keiretsu Forum in Silicon Valley , charge up to $1,500.

Cost 120

Cost Angel Groups Due Diligence Silicon Valley 120

Scott Edward Walker

NOVEMBER 2, 2011

Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ). Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ).

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

ReadWriteStart

AUGUST 29, 2012

A lot of people in Silicon Valley are down on job-hoppers these days. But it turns out that all that job-hopping is an important part of what makes the Valley so special. That’s Silicon Valley over the past few years. Job Hopping Makes Silicon Valley Hum. That’s why we have Silicon Valley.

Silicon Valley 60

Silicon Valley Stock Options Startup Vesting 60

Hippoland

APRIL 10, 2016

First off, whatever you decide, you should implement vesting. Standard vesting practices in the Silicon Valley at this time of writing are 4 year vesting with a 1 year cliff. These days, I’ve sometimes seen 3 year vesting with a 1 year cliff, which would also be ok.

Cofounder 48

Cofounder Cap Table Equity Vesting 48

Both Sides of the Table

MAY 13, 2013

Chief Vesting Officers)? If I don’t commit to millions of dollars of acquisitions I will … die? I’m supposed to believe that my best innovation can only come from scores of startup founders who just made millions and have now become CVOs at my company? The Aqui-hire Business.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

Feld Thoughts

APRIL 21, 2014

They range from “the sky is falling” to “the IPO market window is closing” to “there will be more stupid television shows about Silicon Valley” (I prefer Game of Thrones and 24, thank you very much.). Most have an agenda or a vested interest. ” I remember a moment in time in 1997.

Stock 140

Stock Internet SEC Italy 140

Altgate

APRIL 28, 2012

Vesting is a tailored way to keep execs on board. Vesting, which requires executives to earn their equity through continuing involvement in their companies, is effective at “handcuffing” the executives to the company until their contribution is less crucial. Myth number 3. Yet four years remains the standard. Myth number 4.

Silicon Valley 50

Silicon Valley Vesting New York City Equity 50

Both Sides of the Table

MAY 5, 2011

Seattle should be the envy of any non Silicon Valley tech community in the country. They have the same trade-off decisions that you do about packing up and moving to Silicon Valley vs. staying and building locally. The ingredients are all here. Stating the obvious but you can’t will a region into success.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Scott Edward Walker

OCTOBER 27, 2015

Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ). We charge a flat fee of $2,000, plus filing fees, for up to three co-founders and it includes unlimited phone calls and emails. Form a corporation — not an LLC (see post here ) or a partnership (see post here ).

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Both Sides of the Table

APRIL 22, 2010

Look at some of the uber-successful icons of Silicon Valley / Technology: Larry Ellison, Steve Jobs, Bill Gates, Larry/Sergey, Eric Schmidt, Andy Groves, John Doerr. And he has already vested 75% of his stock options at your company. Not job hoppers. Your biz dev guy has a Rolodex and friends bugging him to join their startup.

Hiring 392

Hiring Employee Vesting Silicon Valley 392

Start Up Blog

APRIL 11, 2016

It took silicon valley to notice this. Founders can see the truth in the future because they have no vested financial interest in the past. We moved from Nickel in the 1980’s and 1990’s, then to Lithium Ion in the smart phone era. The batteries eventually became good enough to use on electric cars.

Silicon Valley 48

Silicon Valley Australia Vesting Mobile 48

www.noamwasserman.com

MARCH 26, 2012

Vesting is a tailored way to keep execs on board. Vesting, which requires executives to earn their equity through continuing involvement in their companies, is effective at “handcuffing” the executives to the company until their contribution is less crucial. Myth number 3. Yet four years remains the standard. Myth number 4.

Silicon Valley 40

Silicon Valley Vesting New York City Equity 40

Austin Startup

AUGUST 20, 2017

Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. That will keep the Silicon Valley wags buzzing for some time to come. You can print shares all day long even if you have no cash, so I get the need for that from time to time.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Lessons Learned

JULY 26, 2011

When I came to Silicon Valley, I was inducted into a body of accumulated wisdom about how to handle them. There are many founder-friendly terms you can push for, from automatic acceleration to reduced vesting - but each risks reducing the alignment of interests between founders and investors. Wouldn't you like to?)

Antidilution 148

Antidilution Term Sheet Silicon Valley Widget 148

Scott Edward Walker

AUGUST 31, 2011

Answer Welcome to the world of the Silicon Valley! As the late, great attorney Craig Johnson wrote in the book The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship : Although start-up lawyers in Silicon Valley draft documents and follow form books. Any advice would be appreciated.

Silicon Valley 45

Silicon Valley Term Sheet Liquidation Preference Redemption 45

infochachkie.com

SEPTEMBER 24, 2011

One startup I joined was very proud that they had been ‘accepted’ as a client by a prestigious Silicon Valley law firm whose name rhymes with a type of pasta (they are lawyers after all, so I have to be careful here…). Who are the best startup consultants in Silicon Valley?… Rhymes with a Type of Pasta.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

thebarefootvc

MAY 13, 2015

Through mobile access to information and creation, people far from Silicon Valley now can be active participants in the world economy. After investing in technology for over 20 years, I have never believed more strongly in the transformative power of connectivity.

Silicon Valley 40

Silicon Valley Tanzania New Jersey United States 40

thebarefootvc

MAY 13, 2015

Through mobile access to information and creation, people far from Silicon Valley now can be active participants in the world economy. After investing in technology for over 20 years, I have never believed more strongly in the transformative power of connectivity.

Silicon Valley 40

Silicon Valley Tanzania New Jersey United States 40

ithacaVC

AUGUST 10, 2011

Silicon Valley Bank gets it. They invest on the strength of the venture investors and the fact that the venture investors have a vested interest in the success of the company. Yikes – don’t count on the bank releasing the guaranty just because the founder is no longer an officer of the company.

Founder 69

Founder SBA Silicon Valley Vesting 69

Diego Basch

JULY 1, 2014

I was told that I was interviewing to replace employee #7 (everyone talked about their own employee number) who was leaving because he was fully vested that month (red flag). It was my first encounter with the “creative minds of Silicon Valley” in their natural environment. At first glance I was impressed with the place.

Silicon Valley 73

Silicon Valley Coder Vesting Open Source 73

Steve Blank

JULY 28, 2016

The future is here it’s just distributed unevenly – Silicon Valley view of tech adoption. Just like a regular passenger plane, except you put on a life vest, goggles, ear plugs, and over all that a half helmet protecting the top and back of your head while enclosing your ears in large plastic ear muffs.

Silicon Valley 120

Silicon Valley PR Offshore Engineer 120

Steve Blank

OCTOBER 24, 2017

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

Founder 245

Founder Technical Review CTO Hire IPO 245

ConversionXL

NOVEMBER 6, 2019

Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company. Vested Technology spent $17k on their MVP. Prior to his role at Vested Technology, co-founder and CEO Akash Srivastava worked on Wall Street.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

The Next Web

JUNE 15, 2012

From Silicon Valley to Peoria, Illinois, cash-strapped startups look for inventive way to finance their business – often handing out equity to employees, consultants, vendors, and other service providers. In most cases, you’ll only be losing a few months of vesting on the stock. It’s a logical solution.

Equity 116

Equity Stock Options Vesting Stock 116

Both Sides of the Table

MAY 13, 2010

And in public companies we used to mockingly rename their titles to CVO … Chief Vesting Officer. No matter how mad some people become – he is certainly one of the most respected figures in Silicon Valley. But if they’re non performing, they’re non performing. But they were each a tough call.

Entrepreneur 330

Entrepreneur Silicon Valley United States Technical Review 330

ConversionXL

NOVEMBER 6, 2019

Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company. Vested Technology spent $17k on their MVP. Prior to his role at Vested Technology, co-founder and CEO Akash Srivastava worked on Wall Street.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

Professor VC

FEBRUARY 26, 2008

The last blogger in Silicon Valley. Challenge the Status Quo - StubHub entered an industry dominated by a couple of large players who had a vested interest to block the legality of their business of providing a marketplace for the sale of tickets in the secondary market. ProfessorVC. Tuesday, February 26, 2008.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

Campus Entrepreneurship

APRIL 11, 2012

Carey at the Chronicle, A Future Full of Badges : Meanwhile, across the mountains, in Silicon Valley, the Mozilla Foundation was also thinking about the future. Open badges won’t be controlled by incumbent institutions with a vested financial interest in limiting the supply of valuable credentials.

Metadata 37

Metadata Silicon Valley Vesting Portfolio 37

Steve Blank

APRIL 13, 2021

The Air Force turned out to be the first melting pot I would encounter (Silicon Valley the next) where individuals from different classes and culture had the opportunity to share a common goal and move beyond the environment they grew up in.

Afghanistan 340

Afghanistan Silicon Valley Vietnam Government 340