Startup Professionals Musings

NOVEMBER 4, 2022

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. You need to have a technical genius on the team to get your startup product off the ground. The trusted leader.

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Startup Professionals Musings

JUNE 11, 2014

Thus I was happy to see a new 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. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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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. Amount of venture funding provided.

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SoCal CTO

MARCH 2, 2015

As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.

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Steve Blank

JANUARY 17, 2023

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. In exchange for attending an accelerator, startups give up 5% to 10% of their company’s equity.

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Startup Professionals Musings

FEBRUARY 9, 2020

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. You need to have a technical genius on the team to get your startup product off the ground. The trusted leader.

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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

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. Amount of venture funding provided.

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Startup Professionals Musings

FEBRUARY 18, 2018

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. You need to have a technical genius on the team to get your startup product off the ground. The trusted leader.

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blog.nahurst.com

JULY 19, 2010

Nathan Hursts Blog Thoughts on Software, Technology, and Startups « Back to blog Im on the technical side of entrepreneurship in NYC. The graphic below balances the risks cofounders take with their relative contributions to help answer this question. I love programming, board games, and my wife. This doesnt have to be the case.

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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

SEPTEMBER 13, 2015

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. You need to have a technical genius on the team to get your startup product off the ground. 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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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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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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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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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. Before You Pitch To A Technical Cofounder.

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www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an exclusive excerpt which sets up a common pitfall regarding equity splits. In Noam’s dataset, 73% of founding teams split equity within a month of founding, a striking number given the big uncertainties early in the life of any startup. Lessons Learned. by Eric Ries.

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Up and Running

JUNE 14, 2012

Every business needs some technical skill and some business acumen. Should co-founders have the same equity stake? Now that I have launched some startups, I would say there is no reason to have 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. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

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A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Well yeah, you could potentially find a cofounder. With higher pricing and other things in that nature, maybe annual pricing and so on, you could probably get enough money together to start having an employee if a cofounder doesn’t sound good. There’s a third alternative, and that’s a cofounder.

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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.

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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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Mike Michalowicz

AUGUST 10, 2015

Joseph is an Achieved CEO/CTO investor and strategic advisor. Joseph has more than 20 years of strategic, operational and senior management experience in business ranging from early stage start-ups to private equity backed assets and from mid-stage business to large turn-around operations. Our Guests. Joseph Shemesh (left).

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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.

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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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The Next Web

JANUARY 30, 2014

By identifying the necessary roles, you can figure out how many cofounders you need. This will all become an important factor later when you consider how to split up tasks and equity. Better yet, niche job boards, like Dice for technical hires, can cater to your specific needs. How to go about it?

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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? Have Experience.

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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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www.inc.com

SEPTEMBER 24, 2011

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. Parker found that equity as compensation helped build loyalty to his company -- even among consultants. Email address: Home.

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The Equity Kicker

AUGUST 20, 2014

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. Matt now has a awesome technical co-founder in Dan who has relevant industry experience from 8 years at HomeAway and post IPO left to run his own holiday lettings startup.

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David Teten

OCTOBER 3, 2018

Sonnenfeldt , Chairman and Founder, Tiger 21; Mr. Mark Sotir , Co-President of Sam Zell’s Equity; Mr. Anthony Scaramucci , Founder, Skybridge Capital; Group Investments and Mr. Chetan Dube , Founder, IPsoft – the World’s largest privately held AI company. Keynote speakers: Mr. Uri Levin , Co-Founder, Waze; Mr. Michael W.

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Altgate

DECEMBER 15, 2010

Share and Enjoy: This entry was posted in Entrepreneurship , Startups , Venture Capital and tagged angel funding , Equity Split , founder equity , technology. Find a smart colleague you’ve worked well with before, who has complementary skill sets and/or personality—and you *might* have found a good cofounder.

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Ben's Blog

APRIL 28, 2010

VMware—Diane Greene. (*) While not technically cofounders, Andy Grove and Thomas Watson, Sr. Andy Grove was Intel’s third employee (after the two cofounders Robert Noyce and Gordon E. Despite this dynamic history, modern record company executives badly missed the most sweeping technical innovation—the Internet.

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