NZ Entrepreneur

MAY 27, 2019

Wondering how to find the right cofounder but don’t know where to start? If you are a solo founder, you may be able to do it all on your own initially but you’re making it very difficult for yourself. In my opinion, founders or early stage companies should only have a team of two or three people. This will never work.

Technical Cofounder 77

Technical Cofounder Cofounder Technical Review Software Review 77

Both Sides of the Table

SEPTEMBER 29, 2013

” From the hyperbolic Jason Calacanis weighing in that “The petty VC’s did everything to deride [Naval, the co-founder of AngelList]” as though the industry was collectively s g its pants that AngelList was going to put us out of business. founder fighting. founder fighting. Both are right.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

The Next Web

NOVEMBER 20, 2013

With all other things equal, that means that a 50/50 split between two co-founders (evenly split if there are more than two), or a 66/33 split based on the premium for coming up with the original idea, and for starting the initial development efforts and sourcing the original team. Entrepreneur Analysis and Opinion'

Cofounder 136

Cofounder Equity Founder Seed Stage 136

Both Sides of the Table

AUGUST 30, 2010

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. What does this mean if you’re an entrepreneur? raise money now to weather any storms).

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Both Sides of the Table

MAY 5, 2011

I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. There’s you and your killer CTO co-founder. This article originally ran on TechCrunch. I’m in Seattle this week.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Both Sides of the Table

MAY 9, 2011

I covered what I call “the co-founder mythology.&# Either you’re not technical and you think you need a technical co-founder or vice-versa. It is increasingly popular to have “founder dating&# or “startup weekend hackathons&# of some variety or the other. Hire your co-founder.

Cofounder 393

Cofounder Founder Vesting Founder Vesting 393

Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. You need to find the skills or experience you don’t have in business, technology, or money.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

Scott Edward Walker

FEBRUARY 1, 2014

Mistake #3 : not setting-up vesting schedules (at 17:19). By the way, my favorite part of the video is when an entrepreneur (and former lawyer) walks in late to the workshop and acknowledges that she made the first three mistakes (at 33:14). different perspective as a lawyer (lots of phone calls from founders with problems).

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies? (i) Are they good guys or jerks? Can they be counted-on and trusted?

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Both Sides of the Table

AUGUST 17, 2009

The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests. Many had the typical investor-friendly terms where entrepreneurs would get screwed and not even understand how they got screwed until many years later. I have this mentality, too.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

Agile VC

DECEMBER 4, 2014

I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.

Cofounder 255

Cofounder Equity Founder Sweat Equity 255

Feld Thoughts

OCTOBER 4, 2013

NEXT by Startup Weekend is a wonderful next step for entrepreneurs looking for feedback on their idea or early business, while heavily leveraging the Lean methodology. Entrepreneurs will be immersed in the skills and tactics their startup needs and will get consistent advice and feedback from the best mentors in Boulder. Sign up here!

Startup 131

Startup Vesting Cofounder Lean 131

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Should founders have anti-dilution rights?

Equity 62

Equity Employee Founder CTO Hire 62

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. As the CEO of one of Canada’s largest private credit firms, can you describe the basics of private credit and its increasing importance to budding entrepreneurs? The firm has made more than $4.5 The firm has made more than $4.5

Technical Review 158

Technical Review Due Diligence Bankruptcy Intellectual Property 158

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. It’s part three of a series, cross-posted from his own blog , in which he draws on his experience to offer advice for aspiring entrepreneurs in Europe and beyond. But never give away shares without vesting.

Management 120

Management Cofounder Startup Bootstrapping 120

View from Seed

JANUARY 5, 2016

At the beginning, a startup team is typically just a couple of co-founders. What we suggest at this juncture is that founders get acclimated to the tactics of scaling beyond the founding team. What to Address During Genesis Team Building: How do we divide and conquer responsibilities as co-founders?

Founder 120

Founder Cofounder Startup Early Stage 120

Startup Professionals Musings

JANUARY 15, 2021

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. every entrepreneur should incorporate early and file an 83(b) election with the IRS within 30 days of founding the company. Key founder vesting should have no cliff.

Vesting 298

Vesting Dilution Stock Founder Vesting 298

Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-Founders to help you? The co-Founder relationship dilemma.

Hockey Stick 268

Hockey Stick Cofounder Entrepreneur Liquidity Event 268

Agile VC

DECEMBER 4, 2014

I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.

Cofounder 173

Cofounder Equity Founder Sweat Equity 173

Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-founders to help you? The co-founder relationship dilemma.

Founder 325

Founder Hockey Stick Cofounder Liquidity Event 325

View from Seed

DECEMBER 4, 2014

Editor’s note: Understanding how to divide founder equity at a startup can be tricky, even to the point of reaching emotional riffs between founders. I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder.

Equity 315

Equity Founder Sweat Equity Cofounder 315

Startup Professionals Musings

SEPTEMBER 27, 2023

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. every entrepreneur should incorporate early and file an 83(b) election with the IRS within 30 days of founding the company. Key founder vesting should have no cliff.

Stock 240

Stock .Net Vesting Founder Vesting 240

Startup Professionals Musings

APRIL 11, 2021

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Trouble with the IRS over Founders stock value. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding.

Cost 363

Cost Non-Compete Accredited Investor Cofounder 363

The Next Web

JULY 21, 2013

Editor’s note: This is a guest post by Güimar Vaca Sittic , a two time Internet entrepreneur currently working at Quasar Ventures based in Buenos Aires, and a Startup Chile Judge. Being an entrepreneur is all about enthusiasm and energy. You have an awesome idea and a great co-founder with whom you want to work.

Vesting 143

Vesting Founder Chile Equity 143

Startup Professionals Musings

MAY 2, 2011

Here are five of the most common examples: Failure to document a founder agreement at the beginning. This oversight can lead to the so-called “forgotten founder” problem. Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made.

Non-Compete 246

Non-Compete Accredited Investor Entrepreneur Cofounder 246

Startup Lessons Learned

MARCH 3, 2009

Teamwork and a vested interest in success of the whole group is crucial. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Two Ways to Hold Entrepreneurs Accountable (for Ha. Lean Startup Circle - a mailing list of dedicated and helpful entrepreneurs. Bring your questions.

Employee 146

Employee San Francisco Lean Software Review 146

Startup Professionals Musings

JULY 19, 2013

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-Founders to help you? The co-Founder relationship dilemma.

Founder 245

Founder Hockey Stick Cofounder Liquidity Event 245

Startup Professionals Musings

AUGUST 10, 2019

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-founders to help you? The co-founder relationship dilemma.

Hockey Stick 243

Hockey Stick Cofounder Liquidity Event Startup 243

YoungUpstarts

AUGUST 8, 2017

by Bryan Miles, CEO and co-founder of BELAY. Entrepreneurs are an interesting bunch. And overconfidence in entrepreneurs is about as common as Birkenstocks at a Phish concert. Sometimes, especially when first starting out, entrepreneurs have no choice but to shoulder excessive loads. The Rewards.

Entrepreneur 202

Entrepreneur Cofounder Vesting Founder 202

Both Sides of the Table

JULY 16, 2013

I with every entrepreneur would forward that article to their favorite journalist so we could stop having this conversation of “yeah, but company so-and-so isn’t profitable!” And revisit my point about whether you are the archetypal founder who will get tons of money thrust upon you. Your VC is right.

Burn Rate 412

Burn Rate Dilution Revenue Valuation 412

YoungUpstarts

JANUARY 9, 2014

Establishing your own business can be a thriving and fulfilling opportunity for young entrepreneurs. Vest your Equity over time. When searching for the right co-founders for your business it is essential that they possess a similar work ethic. Advice For The Young At Heart entrepreneur law legal advice'

Vesting 160

Vesting Entrepreneur Cofounder Equity 160

Both Sides of the Table

AUGUST 18, 2009

Yesterday I wrote a blog post ( here ) in which I urged people to not have too many founders. These situations are only compounded if you have 3 or more founders. I know that many people reading this will be in companies with 3+ founders and aren’t having any friction. They agreed to all be co-founders.

Founder 251

Founder Cofounder Equity Stock Options 251

Startup Professionals Musings

JULY 10, 2012

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten founder” problem. Trouble with the IRS over Founders stock value. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding.

Non-Compete 249

Non-Compete Accredited Investor Cofounder Startup 249

Feld Thoughts

JUNE 30, 2011

I received an email from an entrepreneur today asking me about something that made my stomach turn. It’s a first time entrepreneur who is raising a modest (< $750k) seed round). There are two founders and they’ve been talking to a VC they met several months ago. Entrepreneurs – beware.

Entrepreneur 162

Entrepreneur Vesting Cofounder Angel Investor 162

Startup Professionals Musings

AUGUST 7, 2013

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Trouble with the IRS over Founders stock value. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding.

Non-Compete 235

Non-Compete Accredited Investor Startup Cofounder 235

Startup Professionals Musings

AUGUST 19, 2017

Most entrepreneurs struggle with many startup founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Should you start a company solo or find co-founders to help you? The co-founder relationship dilemma.

Hockey Stick 144

Hockey Stick Cofounder Entrepreneur Liquidity Event 144

The Next Web

JUNE 21, 2015

I felt like I read about their experiment with vested interest – personally, I could not imagine how a company could run with no managers. Nah, usually in the beginning, things like PR are done by the co-founders or whoever else has time. And for that very reason, I wanted to see Buffer make it work.

PR 60

PR Startup Software Review Technical Review 60