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.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

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.

Cofounder 393

Cofounder Founder Vesting Founder Vesting 393

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.

Vesting 298

Vesting Dilution Stock Founder Vesting 298

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.

Stock 256

Stock Vesting Common Stock Founder Vesting 256

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.

Vesting 245

Vesting Common Stock Stock Founder Vesting 245

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.

Stock 240

Stock .Net Vesting Founder Vesting 240

Startup Professionals Musings

OCTOBER 7, 2010

Since founder’s shares are usually issued at the time the company is incorporated, they essentially have no par value. As the company builds value, shares allocated later for employees or partners will have an appropriate price. Vesting starts now.

Stock 214

Stock Vesting Common Stock Founder Vesting 214