Scott Edward Walker

SEPTEMBER 28, 2011

And please don’t tell us to hire a lawyer.) Vesting Restrictions. The first deadly mistake relates to vesting restrictions. You must confirm that none of the founders’ prior employers has any rights to the venture’s IP because he or she was “moonlighting” while previously employed. IP Ownership.

Vesting 89

Vesting Software Review IP Intellectual Property 89

Both Sides of the Table

MAY 9, 2011

It is increasingly popular to have “founder dating&# or “startup weekend hackathons&# of some variety or the other. Hire your co-founder. Vested over 4 years. Truly treat them like a co-founder. Involve them in fund raising, hiring, strategy, etc. Startups have high failure rates.

Cofounder 393

Cofounder Founder Vesting Founder Vesting 393

venturehacks.com

FEBRUARY 24, 2010

Venture Hacks Good advice for startups. 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. Build in founder vesting (a.k.a.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

Steve Blank

JULY 19, 2010

The customary vesting model has founders vest their stock over 4-years , and when the founding CEO gets in over their head the VC’s bring in professional management. Every VC knows that the founding CEO is the individual you throw into the chaotic battle of a startup. The New Founding CEO Vesting Model.

Vesting 264

Vesting Liquidity Event Founder Vesting Venture Capital 264

ithacaVC

JUNE 20, 2011

Cost is the overriding issue for startups when it comes to properly engaging a lawyer. You are hiring employees: hiring employees comes with a host of issues such as (i) non-compete agreements, (ii) ownership of invention agreements, (iii) employee tax withholding, (iv) employee safety policies (like no harassment and privacy, etc.),

Stock Options 58

Stock Options Vesting Subscription Agreement Founder Vesting 58

Andrew Payne

SEPTEMBER 9, 2017

I’ve probably had a thousand or more discussions about startup equity: figuring out how much to offer, negotiating, or advising others. One-percent of startup A may have a vastly different potential value than 1% of startup B. Post-funding, the founder’s ownership is: Alice.

Equity 71

Equity Founder Vesting Dilution 71

venturehacks.com

SEPTEMBER 22, 2011

Venture Hacks Good advice for startups. In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. If no, she is a no hire.

Equity 40

Equity Cap Table Valuation RSS 40