Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. So, the first question I usually get is what percent of the company or equity is that person worth? Giving a cofounder a salary won’t get you the “fire in the belly” you want.

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

Feld Thoughts

SEPTEMBER 2, 2011

Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? Praveena wants to invest $20,000 and get 20% equity.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

Startup Professionals Musings

SEPTEMBER 10, 2018

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Level of responsibility and time allocated.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

Startup Professionals Musings

AUGUST 4, 2014

The first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90 percent of the equity. The value in a startup is all about tangible results, so there is no equity value in the idea alone. Level of responsibility and time allocated.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

The Next Web

OCTOBER 10, 2013

Two more entrepreneurial ventures later, Gleb cofounded online backup provider Backblaze to help consumers affordably, automatically, and safely back up their data. What are the pros and cons of starting a business alone versus with cofounders? The required number of cofounders for success is: “Zero” – You don’t need a cofounder.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

Startup Professionals Musings

AUGUST 24, 2016

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Level of responsibility and time allocated.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

rob.by

MARCH 8, 2012

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

David Teten

OCTOBER 1, 2015

Not surprisingly, the list above also is ranked from least to most equity stake in an investment for the investor, relative to the cash they invest. The question is: how should they be compensated when cofounding a company? equity that belongs to departed cofounders)? They’re typically pursuing a foundry/studio model.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. skip to main | skip to sidebar. Real Advice.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. Discord with a cofounder was one of the most fatal issues for a company. 3 – Not the right team.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

techcrunch.com

OCTOBER 23, 2010

Inevitably, the excuses begin: I need to hire people to build the product. Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. I don’t know any developers.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Non-Technical Co-Founders Co-Founders Technical Co-founders Finding Co-Founders Startups & "How Important Are Ideas?" Someone who is egotistical enough to call themselves a rockstar, yet humble enough not to want 99% of the equity? Rockstar v.

Developer 42

Developer Technical Review Cofounder Technical Cofounder 42

Austin Startup

MARCH 7, 2018

Pierce Burnette knows the meaning of “humble beginnings” and has combined her intelligence quotient (IQ), emotional intelligence (EQ), entrepreneurial spirit, and technical knowledge to forge successful careers in engineering, information technology, and education. She is committed to improving representation in Austin’s technology landscape.

Technical Cofounder 48

Technical Cofounder Cofounder Fractional CTO CTO 48