Startup Professionals Musings

FEBRUARY 9, 2020

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The industry veteran.

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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. Amount of venture funding provided.

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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.

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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.

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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. 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.

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NZ Entrepreneur

MAY 27, 2019

Wondering how to find the right cofounder but don’t know where to start? If you’re scared about giving up on control or equity, then read on. Finding a technical cofounder. Hence you need what they call in startup world a “technical” cofounder. Finding a non-technical cofounder.

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Startup Professionals Musings

FEBRUARY 18, 2018

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The industry veteran.

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Startup Professionals Musings

SEPTEMBER 13, 2015

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Outsourcing your core competency does not work.

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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.

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ryanwaggoner.com

OCTOBER 23, 2010

Home About Me My Work Hire Me Contact Subscribe How to find a technical cofounder 09.10.10 When I was doing freelance development, I had about one pitch per week for an equity-only opportunity. There are usually several reasons, but mostly it comes down to them not offering enough equity. illegitimi non carborundum.

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Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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blog.launchbit.com

MARCH 8, 2012

cofounders. technical cofounder. Why you can(t) recruit a technical cofounder. We know, however, that at some point, especially if you yourself are not technically-savvy, there will be a time where getting some technical expertise on the team is essential to continue progressing. Viewed times.

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Up and Running

JUNE 14, 2012

These are some of the most frequent questions about co-founders that I have heard from entrepreneurs over the years. Every business needs some technical skill and some business acumen. Should co-founders have the same equity stake? Most co-founders decide on the equity structure in a very arbitrary way. Skills Part.

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startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. Start here. Having given the same advice ten times, I thought I would commit it to posterity!

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The Next Web

JANUARY 30, 2014

Often times, a startup entrepreneur has a good business idea, but doesn’t know how to build the product or service. Or, the entrepreneur has deep technology skills, but is lacking in business skills. In many cases, these entrepreneurs are on the hunt for co-founders to help them build their businesses. The problem?

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Mike Michalowicz

AUGUST 10, 2015

Joseph is an Achieved CEO/CTO investor and strategic advisor. A long-time entrepreneur, Joseph founded/co-founded many technological companies throughout the years. He was also Cofounder & CEO of Redbeacon, which allowed consumers to request bids for home services. Our Guests. Joseph Shemesh (left). Show Quotes .

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David Teten

JANUARY 19, 2021

From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Our categorization is not a technical one. Flexible VC 101: Equity Meets Revenue Share. Equity Ownership. Yes, typically preferred equity. 2-5x return cap + path to uncapped equity-returns.

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viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# So, why should they pick you?

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www.inc.com

SEPTEMBER 24, 2011

Entrepreneur news from reporter Eric Markowitz. Advisor. ); STARTUP. Should You Share Equity with Consultants? To grow his cash-strapped start-up, Parker ended up sharing equity -- not only with employees, but also with consultants and vendors. But sharing equity can have pitfalls, too. Innovation | Fridays.

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The Equity Kicker

AUGUST 20, 2014

Matt was a second time entrepreneur who had a wealth of experience in the holiday lettings industry. With no team and no technical expertise Matt was planning to find a team and build out some product before starting to raise some seed money. FINDING A COFOUNDER.

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Austin Startup

MARCH 7, 2018

Austin Diversity Evangelists Mellie Price Director of Diversity Capital Factory Managing Director, Health CoLab Dell Medical School Mellie Price is a successful entrepreneur, angel investor, venture capitalist, and now university commercialization disruption at the Dell Medical School at the University of Texas. Carolyn was recognized by Inc.

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Altgate

DECEMBER 15, 2010

Personally I’ve done it both ways (solo as well as with one or more co-founders) and I think the “safety-in-numbers&# theory is more typical with first time entrepreneurs than with serial entrepreneurs. Anonymous Good point re distinction between first time entrepreneurs and serial entrepreneurs.

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Up and Running

SEPTEMBER 5, 2017

So, I’d like to start by sharing the story of a female entrepreneur who did experience VC funding success—but still also felt the impact of the biases held by the industry. While private equity has a history in the U.S. These Women Entrepreneurs Created A Fake Male Cofounder To Dodge Startup Sexism. A rare success.

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Austin Startup

FEBRUARY 28, 2019

A systems-wide approach to operationalize diversity, equity and inclusion throughout the startup ecosystem is required and must be built from the ground by communities of color with the support and investment of all. Opportunity Hub is one of those communities forging the path towards true diversity, equity and inclusion.

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A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Welcome back to Smart Bear Live … the show were Jason speaks with entrepreneurs looking to improve their businesses. Well yeah, you could potentially find a cofounder. After that, I did it for a private equity firm then we became a part of a larger corporation. Edwin: You get a cofounder onboard. Jason: Oh, yeah.

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www.virtuosimedia.com

MARCH 8, 2012

Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Great so far, right? This is where it starts to fall apart.

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Technical Cofounder Cofounder Technical Review NDA 41

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. For example, most entrepreneurs know that the most successful entrepreneurs - from Bill Gates to Jeff Bezos - kept tight control over their companies. Having seen these dilemmas derail countless startups, I wish every entrepreneur and prospective founder would read this book." - Eric.

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David Teten

OCTOBER 1, 2015

I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. 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 cliffs?

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venturehacks.com

FEBRUARY 24, 2010

He can be technical, but he must be able to wield the tools of influence. What you don’t know Business founders who don’t code use bad proxies for picking technical co-founders (&# 10 years with Java!&# ). Technical founders who don’t sell also use bad proxies (&# Harvard MBA!&# ).

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blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. An Internet entrepreneur needs a website. 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.

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David Teten

MARCH 14, 2018

– Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. Sophisticated VC and private equity funds have a wide array of options for leveraging outside operating executives. This is a clever way for Tim Draper to leverage his brand and experience. .

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YoungUpstarts

SEPTEMBER 27, 2013

If a VC asks his advisors what they think of your deal and they dislike it, it’s dead. If you are looking to add experienced people to your team but can’t afford to pay employees, look at finding a cofounder or using venture labor (hiring someone you pay in equity instead of cash). Horrifying, but true.

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The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. You’re trying to discover a product that will work for some market, while also being a hugely motivating space for you and your cofounders to work in for (potentially) ten years.

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Hearpreneur

JANUARY 7, 2017

We asked some entrepreneurs and business owners, why they started their businesses: #1 – I Have a Dream. I was the first social entrepreneur in the coffee world. But I didn’t start immediately; I didn’t know optics well, and I assumed that if there was to be a technical solution it would come from somebody who did.

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www.chubbybrain.com

SEPTEMBER 28, 2011

We’d previously highlighted the top startup failure post-mortems of all-time here (32 in total) written by a group of startup entrepreneurs gracious enough to share their lessons learned from their startup’s failure. In the post-mortem of Kiko, Mahesh Piddshetti writes : Most entrepreneurs have lots of ideas.

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clicksend.wordpress.com

OCTOBER 26, 2010

The number two thing is lack of a technical co-founder. If you attend networking events, you’ve probably met a lot of entrepreneurs with an idea who need a partner to build it. Partner with a Programmer After they have their big idea, most non-technical founders set forth to find an engineer to form a partnership.

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techcrunch.com

OCTOBER 23, 2010

It is the first in a series of posts he’s writing about the decisions a young entrepreneur needs to make when she/he is first starting a business. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Unless that person is … you?

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