article thumbnail

Introducing the Cap Table and Hiring the CTO

Feld Thoughts

As Finance Fridays continues, we are introducing the concept of the Cap Table. Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. Time to update the cap table.

Cap Table 133
article thumbnail

NZ Universities are spinning out market-ready ventures – what investors should know

NZ Entrepreneur

Wellington UniVentures’ latest deep-tech spin-out, Advemto, cofounders Professor Justin Hodgkiss (left) and Peter Lai. When the time comes to put together a cap table, Pierre explains it’s a discussion between the university, its commercialisation office, company founders and investors. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Our categorization is not a technical one. This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Early-stage: Cofounder with engineering/ product background from top-tier university or major technology company.

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. The question is: how should they be compensated when cofounding a company? equity that belongs to departed cofounders)?

article thumbnail

How to pick a co-founder

venturehacks.com

He can be technical, but he must be able to wield the tools of influence. What you don’t know Business founders who don’t code use bad proxies for picking technical co-founders (&# 10 years with Java!&# ). Technical founders who don’t sell also use bad proxies (&# Harvard MBA!&# ). Check out the free samples.

Cofounder 101
article thumbnail

“I actually thought I’d stay at Flexport my entire career.” Ben Braverman’s Path Into, and Out of, His Dream Job and Then Founding Saga, a New Venture Firm

Hunter Walker

His experience at Flexport; his pay-it-forward nature; and his friendly user interface, made his a desirable angel/advisor for startups. HW: I know from experiences within the Homebrew portfolio that you were doing some angel investing already, as well being very generous with your time as a formal/informal advisor to founders.