Remove Cofounder Remove Founder Vesting Remove Hiring
article thumbnail

How to pick a co-founder

venturehacks.com

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. One founder companies can work, against the odds (hello, Mark Zuckerberg).

Cofounder 101
article thumbnail

The Co-Founder Mythology

Both Sides of the Table

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Question My co-founders and I are working on a cool new site, and we’ll be ready to launch in a few weeks. We have no money – so we’re going to do the legal ourselves. (And please don’t tell us to hire a lawyer.) Vesting Restrictions. The first deadly mistake relates to vesting restrictions.

Vesting 89
article thumbnail

Dividing Founder Equity in the Very Beginning

Andrew Payne

If an early very experienced developer has 1%, and a less senior dev has 0.5%, those become two reference points for the next dev hire. But, how should founders divide things up in the very beginning , where none of these internal reference points exist? And, how can founders talk about percentages before any funding?

Equity 71
article thumbnail

The Equity Equation

venturehacks.com

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