socialmatchbox.com

OCTOBER 23, 2010

Another option is sweat equity. It is important to realize that most people who are willing to work for sweat equity are not a) the best, b) in demand, and c) going to put their heart and soul into your project. Motivation to work for sweat equity is something else that founders tend to take for granted.

Part-Time VPE 41

Part-Time VPE Sweat Equity DC Washington 41

View from Seed

DECEMBER 4, 2014

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. Capital Investment & Sweat Equity. Both of these are typically reflected in the founder equity split. Ideation/IP.

Equity 315

Equity Founder Sweat Equity Cofounder 315

Both Sides of the Table

APRIL 19, 2011

o Early on they hired 3 people from ACT software at once (more team hiring) on staff and supplement it with Agency (in LA worked with First Communications – good). If you need money to even hire a developer [means you cannot even excite one person to put in some sweat equity – not a good sign about your ability to motivate people.].

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Austin Startup

JULY 23, 2010

You see, in addition to being a fine example of a veteran software engineering leader, my neighbor Dave Thomas is also one of the top trainers in Brazilian Jiu-Jitsu (or BJJ) that you will find anywhere. Fortunately, as a software guy, he was able to do something about it by building his own.

Sweat Equity 60

Sweat Equity Technical Review Software Review Austin 60

Agile VC

DECEMBER 4, 2014

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweat” equity.

Cofounder 255

Cofounder Equity Founder Sweat Equity 255

discuss.joelonsoftware.com

NOVEMBER 1, 2010

(Not logged on) | Register | Log On Home Discuss Jobs About The Business of Software A community discussing the business of software, from the smallest shareware operation to Microsoft. A part of Joel on Software. where I can learn about how to build a sweat equity team? Please register for a free account.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Agile VC

DECEMBER 4, 2014

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweat” equity.

Cofounder 173

Cofounder Equity Founder Sweat Equity 173

Up and Running

JUNE 23, 2015

“It took an enormous investment of sweat equity on both our parts,” Allyson admits. As an employee of Palo Alto Software, I remember reading about Maternova because in 2012, they won the “Business Boost” competition we were sponsoring, and a grand prize of $10,000. The Lean Startup by Erik Reis.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

femgineer.com

JULY 18, 2010

Sweat equity or salary? Yes, building software is cheap and fast unlike other products. There are a lot of engineers out there who have been burned by founders who pull and push them in a variety of directions. You’ve got to understand what engineers are capable of accomplishing and how quickly they can move.

Engineer 41

Engineer Software Review Startup Technical Review 41

Up and Running

FEBRUARY 12, 2019

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones , key hires, and so on. It always surprises me how frequently this is left out of pitches.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Up and Running

APRIL 10, 2019

We documented our processes from day one in some software called Process Street. The software lets you create checklists and workflows that any of your staff can run at any time. After some searching around in the early days, we found some software called AppogeeHR. The software boasts: Centralized employee information.

Marketing 79

Marketing Bootstrapping Sweat Equity Harvest 79

Up and Running

JANUARY 24, 2014

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones, key hires, etc. It always surprises me how frequently this is left out of pitches. 5% monthly churn rate.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Up and Running

MAY 30, 2013

Tim Berry, President and founder of Palo Alto Software, says there is no better starting point than looking in the mirror. Much has changed since Edison’s day, but sweat equity is still the most effective kind of startup capital. True, your business aspirations may be on a more modest scale than these world-famous brands.

Sweat Equity 96

Sweat Equity Italy Startup United States 96

ConversionXL

NOVEMBER 6, 2019

An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I now has 350+ customers who spend between $6k to $17k a year to use their software, depending on the size of the company. Their growth since their MVP release in 2016?

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

chrischandler.name

NOVEMBER 1, 2010

You will require money if you plan on developing software. If you’ve considered finding and asking a developer for his or her time in exchange for sweat equity, I’m going to strongly advise you against it. That being said, let’s talk about money.

Equity 40

Equity Developer Entrepreneur Syndicate 40

ConversionXL

NOVEMBER 6, 2019

An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I now has 350+ customers who spend between $6k to $17k a year to use their software, depending on the size of the company. Their growth since their MVP release in 2016?

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

www.virtuosimedia.com

MARCH 8, 2012

Software development is like an iceberg – 90% of it is under the surface. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Unrealistic expectations – No, I can’t build a Facebook clone in a week.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

www.thestartup.eu

OCTOBER 23, 2010

Sweat Equity: Juliette and Marco put in a bit of work during weekends as project managers, designers, developers, sysadmins, etc. MyGengo.com and Tolingo.de. 24h turnaround and a great service. Total cost: $100. Hosting: pay-as-you-go cloud servers, mostly free in the beginning. Debug/usability: UserTesting and $100. Total: $8,350.

Bootstrapping 49

Bootstrapping Italy Sweat Equity Europe 49

Duct Tape Marketing

APRIL 24, 2019

It’s even broad in that it be descriptive of software entrepreneurs, like people who make things, but for the most part it works for us. But assuming without a big budget it’s going to be more about sweat equity and putting in the time to create great content.

Product 61

Product Sweat Equity Naming SEO 61

Austin Startup

JUNE 26, 2019

As we self-funded on a tiny amount of cash, sweat equity and vision, we also worked in a methodical manner, moving the ball down the field week by week. swing for the fences category-building B2C software capital?—?wasn’t We have the consumer market, but not investor market for what I’m selling : B2C software.)

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

philipsmith.typepad.com

SEPTEMBER 24, 2011

It usually takes one bad experience for people to understand that working for sweat equity is a bit 'stinky' - fool me once, shame on you, but fool me twice, shame on me. That's why it makes sense to get some combination of cash/deferred cash and equity, if you can. Interesting Startups. Jobs and Employment.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

rapidrollout.wordpress.com

OCTOBER 23, 2010

How can I go about looking for a (very) good programmer willing to do this as sweat equity? First Things First: Your Requirements You seem to feel that your project isn’t ready to move forward without a software developer (a “programmer&# , as you say). So you see my dilemma. Is Your Partner a College Student?

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Up and Running

JUNE 26, 2017

Yet after helping Text Request go from $0 to a succeeding software company, and working with dozens of other brands from freelancers to startups to billion-dollar enterprises, I’m convinced that no business should fail. Mark Cuban has famously said, “Sweat equity is the best startup capital.” The solution? Planning.

Sweat Equity 145

Sweat Equity Business Plan Naming eCommerce 145

www.chubbybrain.com

SEPTEMBER 28, 2011

By way of crude example, if your building innovative trading software for Wall Street, be where you customers are and where you can best network. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.”. Location was an issue in two different ways.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

www.chubbybrain.com

SEPTEMBER 28, 2011

Jason Cohen of Smart Bear Software does a nice job articulating this issue stating : The fact that you are learning only from success is a deeper problem than you imagine…drawing conclusions only from data that is available or convenient and thus systematically biasing your results. However, this survivorship bias is problematic.

Software Review 79

Software Review Startup Technical Review Vesting 79

techcrunch.com

FEBRUARY 19, 2010

And investors said they intend to invest more in cleantech than software going forward. This is a big reversal, as software has long been the dominant category for venture deals, but it’s unknown whether software has lost favor, or whether it’s just become so pervasive that it doesn’t really hold together as a category anymore.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

sivers.org

JUNE 25, 2010

Sandcastle is a software development service for entrepreneurs. The blog software thinks Im spam, so if you want to find us, go to "build a sandcastle dot com" Sherlie Matthews (2010-06-19) # I need desperate help in revamping my website, self-built many years ago with Dreamweaver. Click on my name for the link. Insightful.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84