Both Sides of the Table
AUGUST 17, 2009
If you started the company yourself consider bringing on a “partner.&# By this I mean somebody who has a large and meaninful percentage of stock options – but nowhere near 50%. Treat this person like your true partner where you share all information with them and involving them in the decision-making processes.
venturehacks.com
FEBRUARY 24, 2010
The best sellers can sell to customers, partners, investors, and employees. A company’s DNA is set by the founders, and its culture is an extension of the founders’ personalities. Partner with someone who is irrationally ethical, or a rational believer that nice guys finish first.
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Both Sides of the Table
MAY 9, 2011
You often have very limited perspective on whether this person will continue to be a great partner 2 years down the line, 4 years down the line, 8 years down the line. You’re only going to find out whether they’re TRULY a great partner after you’ve put in years of money, blood, sweat & tears.
Startup Professionals Musings
JANUARY 15, 2021
It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation. Key founder vesting should have no cliff.
Startup Professionals Musings
MARCH 23, 2014
Since Founder’s shares are usually issued at the time the company is incorporated, they essentially have no real value. As the company builds value, shares allocated later for employees or partners will have an appropriate price. Vesting with no cliff. Right of repurchase in favor of the company.
Startup Professionals Musings
JANUARY 22, 2013
Since founder’s shares are usually issued at the time the company is incorporated, they essentially have no real value. As the company builds value, shares allocated later for employees or partners will have an appropriate price. Vesting with no cliff. Right of repurchase in favor of the company.
Startup Professionals Musings
SEPTEMBER 27, 2023
It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation. Key founder vesting should have no cliff.
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