Remove 2005 Remove Dilution Remove Employee Remove PR
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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

We funded one in 2005 and lost a lot of money. In the startup journey if you have success in your early product launches, fund raising and PR you’re likely to get “inbound interest” from likely acquirers. An employee walks up to me and says, “Mark, I’m thinking about buying a house. Sorry, brah.”

Startup 417
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How to Start a Startup

www.paulgraham.com

March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) They get the same kind of stock and get diluted the same amount in futurerounds. So the deals take longer, dilute you more, and imposemore onerous conditions. Want to start a startup? Get funded by Y Combinator. How much stock should they get?

Startup 105