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If you can’t find somebody any technical resources at all through networking please consider keeping your day job. I’m not being flippant (OK, maybe slightly) but seriously it isn’t hard to network your way into someone technical. Foundervesting. You also need to get other people around you.
Jane and Dick worked together at Denver Health, the nation’s “most wired” hospital according to Hospitals & Health Networks Magazine. Through a series of conversations, Jane and Dick have come up with the idea to develop a social network tailored to the medical community. This will save a lot of pain down the road.
CEO), a unique personal brand, recruiting ability, experience, network/relationships, domain expertise, or other special circumstances. If we allocate (say) 15% for future hires and 40% to investors for the first round (or rounds), that means founders are splitting the remaining 45% of the company, per their agreed-to relative ownership.
Breakups are hard If you’re going to fall out with your co-founder, do it early, recover the equity into the option pool to keep the company going, and recruit someone else great to fill the missing slot. Build in foundervesting (a.k.a. the “Pre-Nup&# ) to keep the breakup from getting messy.
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