This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Many of these businesses were what First Round Capitalcalled FNACs (features, not companies – this acronym has always stuck with me). How many people will you hire in the first 24 months and in which sequence. I won’t need to hire many engineers or customer support staff. portfolios. How much will you pay?
It is always best to hire a specialist than hire a generalist if you need specific help. Hire new creatives. Get access to low cost capital. Call all of your best customers. Perfect video is free for editing and creating videos. is free for digital business cards. Would mentors be helpful? Invest in your education.
As an industry we need to pay attention to those who are struggling as they build their startups and make sure we pay as much attention to the mental stresses of the job as we do to the business challenges like shipping product, hiring staff and raising money.
Local I feel strongly that you should consider hiring an independent that is local to you. That’s why hiring somebody with some startup experience can really help. This is important because when you have too many VCs on a board you only bring one kind of thinking to the board. Independents are critical to avoiding “VC group think.”
Even if they enter with a low 2 or 3 million round, they are easily able to scale the business quickly with additional capital. This leads to founders being able to hire the best people, get subsidiaries in place in the US or elsewhere and grow far faster than their competitors in the EU with far less money.
Who must be a co founder and who can remain a hired principal? When I find, and hire on options, the three perfect CEs/directors must I consider them co founders and treat them accordingly? Who must be a co founder and who can remain a hired principal? He obviously never launched a startup and got shafted by a co-founder.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content