venturehacks.com

FEBRUARY 24, 2010

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

Cofounder Founder Technical Cofounder Technical Review 101

The Next Web

NOVEMBER 20, 2013

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. If people are funding the business, they should get a premium because at the end of the day, cash funding founders are acting no different than a seed stage investor. Whose idea was it?

Cofounder 136

Cofounder Equity Founder Seed Stage 136

Startup Professionals Musings

SEPTEMBER 27, 2023

It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation. This is the purpose of a vesting schedule, which issues allocated stock over time.

Stock 240

Stock .Net Vesting Founder Vesting 240

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

JANUARY 15, 2021

It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation. This is the purpose of a vesting schedule, which issues allocated stock over time.

Vesting 298

Vesting Dilution Stock Founder Vesting 298

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? 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. What are the terms of their relationship with the founder?

Software Development 60

Software Development Software Developers Software Review Technical Cofounder 60

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

Both Sides of the Table

AUGUST 17, 2009

These periods of time can leave a founder very vulnerable in the future. These same people will join you and your one other co-founder (maximum) 6 months later when you’ve established the company, done your Powerpoint deck, built a prototype or product and started fund raising discussions. Founder vesting.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

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. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Cost 363

Cost Non-Compete Accredited Investor Cofounder 363

Scott Edward Walker

JUNE 30, 2019

This week, we present Michael Seibel , CEO and a partner at Y Combinator. . In this brief video from a few weeks ago, Michael shares some solid advice with respect to how much equity to give your co-founder(s). The post How Much Equity Should You Give Your Cofounder? Cheers, Scott. www.youtube.com/watch?v=9NhEBVPlJs4.

Cofounder 45

Cofounder Equity Vesting Video 45

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

JULY 21, 2013

You have an awesome idea and a great co-founder with whom you want to work. Both of you work hard for the first couple of months until your partner decides to walk away for any reason. It’s your old partner asking for his $100 million because of the 50% you had agreed when both of you founded the company. An example.

Vesting 143

Vesting Founder Chile Equity 143

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

NZ Entrepreneur

JULY 12, 2018

We often see single founders slogging it out on their own. Founders can be reluctant to give up equity and control of their idea to bring in a co-founder alongside them to share in the decision making, as well as the highs and lows. My own father had difficulties with partners in his business. It’s tough.

Cofounder 46

Cofounder Founder Vesting Cap Table 46

Scalable Startup

OCTOBER 9, 2014

Talking to CEO and CTO about role as co-founder/COO. You need to be positioned as an equal partner, regardless of equity or title. > > The cofounder title is much easier to give away then real stock. > > The cofounder title is much easier to give away then real stock. > Vesting? >

Cofounder 20

Cofounder Technical Cofounder Equity Vesting 20

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

Startup Professionals Musings

JANUARY 29, 2018

Unfortunately, in my years since as a small business advisor, I have seen too many founders squander this asset through a lack of understanding of some basic legal and operational issues, or by handing out nominally “free” stock to the wrong people at the wrong time. Always specify a vesting period for new partners.

Stock 129

Stock Vesting Preferred Stock Cofounder 129

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

Startup Professionals Musings

MAY 18, 2015

It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners and taxation. This is the purpose of a vesting schedule, which issues allocated stock over time.

Stock 120

Stock Vesting Common Stock Founder Vesting 120

Both Sides of the Table

MAY 5, 2011

I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. There’s you and your killer CTO co-founder. It’s a very cool vibe at Founder’s Coop. Community Leaders + Organizers.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . In the private equity universe, most Partners have primary training as deal-makers, not as managers. See Bessemer Venture Partners’ A comprehensive guide to security for startups.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

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 Startup Toolkit

JANUARY 10, 2017

The most common (and emotional) screwing you’ll get in a startup is via your cofounders. First, some examples: A buddy of mine had done the hard work of finding two excellent tech cofounders. It’s not just cofounders. Partners can break their contracts. A solution at the end. Suppliers can fail to deliver.

Cofounder 20

Cofounder Technical Review Vesting Ratchet 20

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. Both ways are great, I’ve tried both, but personally I wouldn’t try to start something again without partners. Stefan Tirtey, Partner at Doughty Hanson Ventures , created this document with Berlin early stage investors.

Management 120

Management Cofounder Startup Bootstrapping 120

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 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. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Non-Compete 235

Non-Compete Accredited Investor Startup Cofounder 235

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. On average, the founders who keep the most control over their company make the least amount of money. Lessons Learned.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

OnlyOnce

APRIL 27, 2021

The conversation with your co-founder about only one founder/executive on the board. Expect to hear things like “Aren’t we partners in this business?” You already have 100% of the mindshare and ambassadorship your co-founder has to offer. and “How come my vote doesn’t count?”

Vesting 48

Vesting Cofounder Startup Term Sheet 48

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. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Non-Compete 249

Non-Compete Accredited Investor Cofounder Startup 249

Both Sides of the Table

MARCH 10, 2013

It is my job to be a sparring partner for teams not the decision maker. Founders have to live with the day-to-day consequences of their decisions and are closer to the nuances of the business. He had vested 18 months or so. That’s how I see the role of a VC. So I fight. The CTO had at-will employment with no notice period.

Vesting 344

Vesting Cofounder Salary Sales 344

Ben's Blog

APRIL 28, 2010

When my partner Marc wrote his post describing our firm , the most controversial component of our investment strategy was our preference for founding CEOs. In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. So, why are great technology companies so often run by their founders?

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

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

www.inc.com

SEPTEMBER 24, 2011

Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. Chip Morse , cofounder and partner with Morse, Barnes-Brown & Pendleton P.C., He suggests granting the options on day one but making sure they vest only upon satisfactory completion of the project. based in Waltham, Mass. Two trucks.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

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

The Startup Magazine

AUGUST 11, 2017

The press release lays out Joe Zhu’s business accomplishments, but we at the magazine have seen firsthand Joe Zhu’s work behind the scenes helping struggling startups with advice and counsel on both business strategy and funding, even when he has no vested interest. SmartHealth is built upon passion and proximity.

Illinois 75

Illinois Chicago Entrepreneur Cofounder 75

Feld Thoughts

JUNE 30, 2011

There are two founders and they’ve been talking to a VC they met several months ago. This soon to be ex-VC said something to the effect of “I can easily raise you money with a couple of phone calls, but I want to be a co-founder of the company and have an equal share of the business.&#. The answer was no and no.

Entrepreneur 162

Entrepreneur Vesting Cofounder Angel Investor 162