Altgate

JUNE 25, 2012

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters.

Equity 44

Equity Vesting Cap Table Technical Review 44

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Decathlon Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. The 11 Steps of Investing in Private Companies.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

View from Seed

MAY 29, 2019

These funds would regularly share deal flow with one another and could share the work in supporting founders and helping to push the company forward. This post will try to describe why this is happening and what repercussions are for founders and investors. Is This is Good or Bad for Founders?

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Altgate

AUGUST 25, 2012

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters.

Equity 28

Equity Vesting Cap Table Technical Review 28

Startup Lessons Learned

JULY 11, 2019

She’s also a founding member of All Raise, a non-profit committed to improving diversity in both funders and founders. What I was interested in seeing was that a lot of these founders believe that they’re not just creating technology, they're creating change and culture. Also, it's not unusual for the interview process to take months.

Founder 68

Founder Lean Venture Capital Cofounder 68

Both Sides of the Table

SEPTEMBER 12, 2013

He had made some structural mistakes in NextMedium that meant the Cap Table and leadership team was a bit wacky. For starters they has asked him to hire a CEO (Hamet was a first timer) and that person lived in Seattle even though NextMedium was based in LA. Mark, why wouldn’t you fund him? I stayed close.

Partner 340

Partner Los Angeles South Africa Cap Table 340

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Side Benefits Ideally, a small fund could get you the following, but you have to ask to make sure it’s available: Co-investing opportunities. So what’s the point? Access to the partner.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

techcrunch.com

APRIL 26, 2013

That way, startups only have one entity in the cap table, which simplifies documentation and structure. Co-founder Naval Ravikant explains that 18 pilot companies in the program, including Transcriptic, Double Robotics and Tred, received $6.7 Investors included Founders Fund, 500 Startups and Marc Cuban.

SEC 61

SEC Accredited Investor San Diego New York City 61

David Teten

SEPTEMBER 23, 2017

We make a point of keeping our records updated in the major data-trackers tracking the VC industry, e.g., CB Insights , Crunchbase , Dow Jones , Mattermark , Palico , Preqin , Pitchbook , and ThomsonReuters , since they are a source of data to LPs and to potential co-investors interested in us. . Pitchbot.vc 3) Originate investments.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

BeyondVC

NOVEMBER 17, 2016

We each independently fell in love with enterprise software 20+ years ago as seed investors (cos like gotomeeting/Citrix, greenplum/EMC, livperson/IPO LPSN) and founders (workmarket, onforce/Adecco, spinback/buddymedia/salesf0rce) and are now benefiting from the ecosystems, knowledge and network that we’ve collectively developed.

Cap Table 60

Cap Table Cofounder Dividend Institutional Investors 60

Hunter Walker

AUGUST 26, 2022

I tried to get hired at Better Place and failed. I had gone to high school with the founders in the Seattle area, and we had recently reconnected. When I learned they were hiring a community manager, I threw everything I had at the interview process. Enter Box. Box and Glossier feel like two very different industries!

IPO 95

IPO Cofounder Early Stage San Francisco 95

This is going to be BIG.

NOVEMBER 16, 2023

That’s how it feels when your hot deal from two years ago winds up running low on cash and gets into a pay-to-play round that wipes out the cap table. You're competing against other top tier VCs for your deal flow--as top founders look to get backed by top investors. You can call BS quickly by carefully listening to founders.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

OnlyOnce

FEBRUARY 9, 2022

In our prior lives, the Bolster founders worked together to scale up a business called Return Path and also. worked as advisors and mentors to numerous early stage founders and startups. Brad’s visceral response in this conversation was a very clear, “you should hire Jenny.” We needed another senior leader to join our team.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

venturehacks.com

MARCH 21, 2008

Advisor compensation Whether you’re hiring a normal advisor or super advisor: Advisory shares are usually issued as common stock options. They can also get terminated if the company is “reset&# , e.g. You hired a video game expert because you were building a video game but now you’re building a photo sharing site.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

Eric Friedman

JUNE 27, 2016

This is the classic “hire people smarter than you” which is harder said than done. Big strategic advisors are the folks that add credibility to your co. from a 10 year old co. Here are the questions I like to see founders ask potential advisors; 1. Think about the things you DON’T know. Typically these folks get between

Equity 98

Equity Vesting Cap Table Common Stock 98

Spencer Fry

APRIL 17, 2017

Without raising money, 1 of 2 situations would have fallen upon us: I would have had to dig deeper into my own pockets to continue to pay the contractor as well as hire others. As a bootstrapped startup, the only accountability you have is to yourself and to your co-founder if you have one. Hello, debt.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. I think every founder, every CEO, every leader, could learn something, could take heart from Brian's example and I hope they will. Brian Chesky : I am Brian Chesky, co-founder, CEO, and head of community at Airbnb.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

venturehacks.com

DECEMBER 9, 2012

This is the advisor paradox : hire advisors for good advice but don’t follow it, apply it. Your task is to hire the maverick advisors in the crowd. Hiring advisors is an ongoing effort. Then hire him if you like the results. How to pick a co-founder. How to make a cap table. Part 2: Deck.

Advisory Board 50

Advisory Board Cap Table RSS Cofounder 50

venturehacks.com

SEPTEMBER 22, 2011

In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. Say the equity equation tells you to pay a prospective hire below market.

Equity 40

Equity Cap Table Valuation RSS 40

Hearpreneur

AUGUST 20, 2023

#4- Find the right relationships Photo Credit: Mike Pio Roda “Never leave money on the table” might seem tempting, but it's not always the wisest path for founders and business owners. 5- Hire the experts Photo Credit: Rachel Eigen “You can do it all starting small” — B.S.

Entrepreneur 106

Entrepreneur Cap Table Dividend Cofounder 106

venturehacks.com

OCTOBER 21, 2010

Use a hiring plan to justify a small option pool, increase your share price, and increase your effective valuation. Update : Check out our $9 cap table which calculates the effect of the option pool shuffle on your effective valuation. Solution: Use a hiring plan to size the option pool. share to $1.00/share:

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

Duct Tape Marketing

NOVEMBER 14, 2024

She is a CEO and Co-founder of Benefit Bay, a Kansas City based company innovating the employee health benefits industry through individual coverage health reimbursement arrangements. And the motivation here, we've been able to hire 26 people in market. This is John Jantsch. My guest today is Brandy Burch. That's a mouthful.

Kansas City 59

Kansas City Employee Kansas Part-Time VPE 59

blog.simeonov.com

FEBRUARY 22, 2010

Simeon, can you tell us how you structure ownership and control so you can fire your co-founders if necessary? The first part will dispel some myths, address the lifecycle of founder agreements and the key compensation and control parameters in them. Let’s start by dispelling some myths: There is a standard founder agreement.

Founder 44

Founder Vesting Agile Startup 44

Hunter Walker

OCTOBER 22, 2024

Not at the same time (I’m older), and after it went coed. And I was glad to hear it was at a new firm of his own co-creation. HW: As Flexport grew and created a leadership team, how did you decide about promoting from within versus hiring from the outside? HW: Saga has three GPs, essentially three cofounders.

Technical Cofounder 99

Technical Cofounder Cofounder Las Vegas CTO Hire 99

This is going to be BIG.

SEPTEMBER 12, 2022

Plus, it bothers me that it gives the impression that, if you’re a female founder and you become the face of your company, you’ll inevitably get taken down—that anything short of unimpeachable success means becoming a target and getting kicked to the curb in a spectacularly disastrous fashion. Did it solve gender equality?

Cofounder 140

Cofounder Venture Capital Community PR 140

Hunter Walker

AUGUST 23, 2023

Our participation in Anchor ( later acquired by Spotify ) generated both a return and a friendship between us and the founders. I can vouch for his genuine optimism Hunter Walk: You got to work with a number of different VCs on your cap table for Anchor. Who was the best one and why was it Homebrew? Was I right?

Founder 92

Founder Angel Investor Cap Table Distribution 92

Startup Lessons Learned

MAY 4, 2021

Just before the IPO, I had a far-reaching conversation with co-founder and CEO Brian Armstrong as he approached this major milestone for the company he co-founded back in 2012. I'm the co-founder and CEO of Coinbase. It's one of those things that founders can do sometimes where other employees are afraid to do it.

IPO 113

IPO Cofounder Technical Review Government 113

abovethecrowd.com

JUNE 2, 2021

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. Is it disrespectful to imply that the founders, executives, VC-backers, and the boards of these companies are gullible or naive?

IPO 82

IPO Customer Matching Silicon Valley 82