SoCal CTO

JANUARY 18, 2011

The lawyer will charge you for more than the initial conversation. Having a successful negotiation where you get a reasonable equity position with vesting over four years and a salary going forward only to find yourself working at a place you don’t want to be is probably not a great result? What are the specifics of the 2%?

CTO 150

CTO CTO Hire Equity Vesting 150

Both Sides of the Table

NOVEMBER 22, 2009

That’s not a “conversation&# – it’s content driving you to his website where he monetizes based on the number of eyeballs he drives there. I have a vested interest – not just due to an investment in Ad.ly I would argue that they already do. I assure you Ad.ly We care deeply about that.

Advertising 277

Advertising Technical Review Affiliate SEM 277

Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” But as with many people who have a vested interest in fast rounds being assembled, they don’t quite get why it is so important that VCs actually take their time. Both are right.

Syndication 356

Syndication Syndicate Cofounder Early Stage 356

ConversionXL

AUGUST 26, 2014

G o for at least 250 conversions per variation. It’ll be more accurate if it’s 350-400 conversions per variation. And if you want to segment results, you need thousands of conversions per variation in order to have 350+ conversions per variation within a segment.” Don’t convert very well.

Framework 109

Framework Conversion Analytics eCommerce 109

This is going to be BIG.

JULY 16, 2012

I thought the conversation last monday went well but I'd love to hear more about what he specifically needs/is looking for. Companies have conversation after conversation without setting timelines or pulling triggers. Don't start the conversation with "We can't pay what you're making." any thoughts?". But they didn't.so

Hiring 159

Hiring Software Review Technical Review Startup 159

Both Sides of the Table

SEPTEMBER 27, 2012

I’ve had this conversation with several communities such as in San Diego where I believe there are way more qualified and talented engineers than available local capital to support them. And they have a vested interest in this success. Recycled Capital has played a very important role.

Community 378

Community San Diego Silicon Valley Los Angeles 378

Both Sides of the Table

MAY 5, 2011

It’s clear that America has a vested interest in promoting entrepreneurship in many regions in the country to stimulate innovation & job creation. I know from all of my private conversation that they aren’t seeing this as a “get rich quick scheme&# – they’re giving back to the community.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

Eric Friedman

NOVEMBER 18, 2022

An underutilized action by founders is canceling their vesting due to lack of interaction or help with your company. Like all things, waiting to have the hard conversation is never a great idea. These are easy conversations for a founder as they hopefully are surrounded by people that want to help. Some are not.

Early Stage 103

Early Stage Equity Vesting Cap Table 103

VC Adventure

AUGUST 16, 2020

This will also force good conversations about outliers and, in my experience, tends to be a deterrent to title inflation, which I hate. My background thesis inherent in this is that employees with options should continue to vest new option as they continue to work for your business. I think this is both practical and fair.

Programming 148

Programming Vesting Equity Software Review 148

YoungUpstarts

AUGUST 23, 2013

No, it’s not always easy when emotions are running high, but a ‘weak’ response can often stabilize a harsh conversation and prevent damage to the underlying relationship. Try to stay serious and focused and keep the conversation as brief as possible. Problems in the Now category require an immediate, solution-based conversation.

Turkey 145

Turkey Vesting Conversion Leadership 145

Both Sides of the Table

FEBRUARY 20, 2019

just having a sparring partner with a vested interest in your success can be useful. was originally published in Both Sides of the Table on Medium, where people are continuing the conversation by highlighting and responding to this story. If you get a smart person on the board?—?just Who Should be on Your Startup Board?

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

Up and Running

JUNE 7, 2021

We have gotten used to treating one another as a means to our vested interests, thereby plaguing the very essential humanitarian value of mutual ethics, respect, love, and compassion. Conversely, employees who feel that their work has a deeper purpose are happy to give 100% of their effort to the company and its customers. .

Framework 191

Framework United States Vesting Employee 191

ConversionXL

NOVEMBER 6, 2019

Vested Technology spent $17k on their MVP. Vested Technology is a recruiting-automation platform that works alongside teams to identify, engage, and hire passive candidates. Prior to his role at Vested Technology, co-founder and CEO Akash Srivastava worked on Wall Street. He spent $17k to launch Vested Technology’s MVP.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Steve Blank

MAY 19, 2015

While he kept bringing the conversation back to their big valuation I tried to steer the conversation back to how they were going to deal with: training the influx of new hires – in both culture and job specific tasks. They had doubled headcount from 100 to 200 in the last year and were planning to double again.) the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

ConversionXL

OCTOBER 21, 2013

Managing shopper experience for medium-sized eCommerce businesses presents a lot of opportunities for conversion testing, and the ability to see real and immediate revenue results when tests are successful. This one small change led to an additional 110 orders, bringing in an additional $43,230 in revenue in a 2 week period.

Revenue 124

Revenue Caching Software Review eCommerce 124

YoungUpstarts

AUGUST 5, 2016

He has military haircut, Kevlar vest and a gun. A Smokey the bear with a Kevlar vest and a gun. Instead of casting a spell she engaged us in witty conversation. We join the line at the counter where you order and then they bring your food to you. It is the day of the Orlando Massacre and I reflect on the state of the country.

Chile 100

Chile Green Albuquerque Vesting 100

Both Sides of the Table

MAY 7, 2016

My internal compass says that “country-club” entrepreneurs struggle to make as big of an impact because it’s really hard to totally change a system that you’re part of and have a vested interest in. So positive chips are a great signal for me. But chips come in multiple flavors and it’s a fine line between positive and negative.

Churn Rate 150

Churn Rate Vesting Dilution Europe 150

Austin Startup

DECEMBER 9, 2019

Another red flag is when a SIC member asks for equity in your company upfront, without any performance vesting standards. Rule Number Two: when giving equity, it should always vest over time for performance tied to measurable goals such as sales or results that move your KPIs. This is a bad deal for you, if you take it.

Vesting 72

Vesting Early Stage Seed Capital Equity 72

Duct Tape Marketing

FEBRUARY 18, 2020

Postal Service did some research into the effectiveness of print over digital marketing channels (of course, they have a vested interest in proving that print still holds value!), Branded tchotchkes don’t further your conversations with prospects, whereas great sales materials do. In fact, the U.S.

Sales 100

Sales Vesting Technical Review Channel 100

ConversionXL

NOVEMBER 6, 2019

Vested Technology spent $17k on their MVP. Vested Technology is a recruiting-automation platform that works alongside teams to identify, engage, and hire passive candidates. Prior to his role at Vested Technology, co-founder and CEO Akash Srivastava worked on Wall Street. He spent $17k to launch Vested Technology’s MVP.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

YoungUpstarts

JULY 4, 2019

As I sat in the dark hallway with the sounds of a loud conversation in Portuguese pouring through the door, only one thought was blazing through my head: had we pushed it too far? My mind raced. Today was supposed to be one of the biggest days of my career, but it was quickly becoming my worst.

Viral 127

Viral Video Spain Internet 127

View from Seed

APRIL 11, 2016

With texting and SMS and chat, for instance, there’s less vested interest in the conversation and how the other person feels. With regards to speech versus text, I think it breaks away a lot of social and emotional barriers to use spoken messages instead of written. It can invite a lot of bad behavior.

Technical Review 120

Technical Review Technology Audio Startup 120

Start Up Blog

APRIL 28, 2011

Geolocating is being used as tool for us as a collective to “assemble” so we can collaborate and take back control of our destiny and conversations. The art of conversation is not being lost…. Sure language has iterated, been redefined, shortened, coded… but the conversations are real and the more meaning and ideas are being exchanged.

Moldova 91

Moldova Internet Australia Libya 91

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!” For all others please know that your VC has a vested interest in your trying to go big or go home. I have this conversation all the time.

Burn Rate 412

Burn Rate Dilution Revenue Valuation 412

Up and Running

MAY 3, 2012

The signs to me are all too obvious from our conversations. This cheerleading often comes from those with vested interests, rather than from successful entrepreneurs who have successfully exited businesses and are looking to encourage the next generation. It is not a victimless pursuit for all and sundry.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Up and Running

DECEMBER 1, 2015

Stock options are issued to employees usually through an Employee Stock Option Plan (ESOP) and include what is called a “vesting period.” The vesting period, often three or four years, frees up a percentage of the options for the employee to purchase the longer they stay at the company. Restricted stock: . When cash flow is poor.

Equity 60

Equity Employee Stock Options Vesting 60

David Teten

OCTOBER 1, 2015

on top of that often results in conversations and incentives that are difficult to overcome, especially early on in a company. He writes: The premises of this conversation are very complicated. Vesting equity equally divided into set milestones, in this case: 5% vest after design phase. 5% vest at clickable prototype.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

View from Seed

DECEMBER 4, 2014

But delaying or avoiding the conversation often results in it being more awkward than it needs to be. Co-founder equity should have vesting periods (or lapsing repurchase rights) so if a co-founder departs substantially earlier than others, their stake in the business is accordingly smaller. Ideation/IP.

Equity 315

Equity Founder Sweat Equity Cofounder 315

www.chubbybrain.com

SEPTEMBER 28, 2011

If I tell someone I’m the mayor of a spot, I’m in an instant conversation: “What makes you the mayor?” Go vest yourself. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders. It’s not about good ideas or bad ideas: it’s about ideas that make people talk.

Software Review 79

Software Review Startup Technical Review Vesting 79

www.paulgraham.com

OCTOBER 23, 2010

Whats not a theory is the converse: ifyoure trying to solve problems you dont understand, youre hosed. VCsnever quite say yes or no; they just engage you in an apparentlyendless conversation. It happens so oftenthat weve reversed our attitude to vesting. 4 ] Thats just a theory.

Startup 108

Startup Software Review Hiring Silicon Valley 108

Ben's Blog

APRIL 28, 2010

Conversely, founding CEOs are excellent at finding, but not maximizing, product cycles. Conversely, Netflix, run by founder Reed Hastings, provides an excellent counter-example. They are paid in terms of stock options that vest over 4 years and cash bonuses for quarterly and yearly performance.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

www.metamorphblog.com

OCTOBER 23, 2010

Vest, young man. Starting a company without vesting your stock is like getting your girlfriend pregnant on the first date. To go back to our original conversation, entrepreneurs want to focus on accomplishment rather than idle praise. Also, get on twitter…great way to interact and converse w peeps in real time.

Founder 51

Founder Startup Cofounder Vesting 51

Both Sides of the Table

SEPTEMBER 18, 2014

These are all real conversations. of the time I have no vested interest in having the debate. What if when you have that conversation you don’t agree? But founders these days seem strangely unfocused on finance and on terms that could hurt them even though we fought to the death about these same terms 10 years ago.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Agile VC

DECEMBER 4, 2014

But delaying or avoiding the conversation often results in it being more awkward than it needs to be. Co-founder equity should have vesting periods (or lapsing repurchase rights) so if a co-founder departs substantially earlier than others, their stake in the business is accordingly smaller.

Cofounder 255

Cofounder Equity Founder Sweat Equity 255

Feld Thoughts

JANUARY 17, 2013

Assume you hire someone and grant them 10,000 options with monthly vesting of four years with a one year cliff. That means that after one year, they get 25% of their options and then start vesting the remaining options monthly at a rate of 1/48 (208.3 options / month, or 2,500 / year.) This makes no sense to me.

Stock Options 135

Stock Options Stock Vesting Retention 135

venturehacks.com

MARCH 21, 2008

If an advisor can uncork a million dollars of your company’s latent value with 15 minutes of conversation or a single introduction, you should pay him appropriately. The options typically vest monthly over 1-2 years with 100% single-trigger acceleration and no cliff. Does this stake need to have vesting schedule?

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

ConversionXL

FEBRUARY 2, 2016

The individual who had executed the test had a vested interested in making sure that ‘A’ was the winner. When you hear a phrase like that, you know the person has a vested interest in making sure that the test shows a certain answer. As she said, this changed the whole conversation. So just fess up, say “yeah, that’s possible.”.

Vesting 48

Vesting Analytics Conversion Revenue 48