www.paulgraham.com

OCTOBER 23, 2010

If we assumethe average startup runs for 6 years and a partner can bear to beon 12 boards at once, then a VC fund can do 2 series A deals perpartner per year. In a traditional series A round, before the VCs invest theymake the company set aside a block of stock for future hires—usuallybetween 10 and 30% of the company.

Startup 93

Startup Valuation Non-Compete Deal Flow 93

www.inc.com

SEPTEMBER 24, 2011

Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. FROM OUR PARTNERS. ); ); ); ADVERTISEMENT. Select Services.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

www.instigatorblog.com

OCTOBER 23, 2010

I gave him similar numbers to what I had been given when I was hiring the first few employees for Standout Jobs. This is especially true when you think of a tech startup, where the first few hires are typically engineers/programmers. Most if not all new hires will be 'needs driven' Not nec financial needs but psych needs.

Equity 41

Equity Employee Startup Vesting 41

Berkonomics

SEPTEMBER 28, 2017

Here’s an example: First, a brand-new enterprise is often formed from the efforts of several “partners”, each with an expertise valued by the others. Options are usually best with “C” corporations, but granting options for either LLC’s or “S” corporations are not a real problem.

Early Stage 102

Early Stage Equity Stock Options Vesting 102

Early Growth Financial Services

JUNE 26, 2014

Baze, Partner at Partech Ventures, Carlos Diaz, CEO at Kwarter, and EGFS’ Chief Strategy Officer Glenn McCrae covered raising funds, how-to pitch VCs, and potential sticking points around valuation. Option Pool — An important piece of your hiring and compensation … Continue reading → Videos'

Pre-Money Valuation 51

Pre-Money Valuation Option Pool Dilution Common Stock 51

Berkonomics

MAY 12, 2010

An option plan should carve out an addition of about 15% of the “fully diluted” shares. If there are 85,000 shares issued to the founders, then a plan calling for 15,000 shares in a pool reserved for future hires is appropriate, making the fully diluted shares 100,000. Director level employees are typically granted ½%.

Early Stage 85

Early Stage Equity Stock Options Vesting 85

This is going to be BIG.

AUGUST 21, 2023

It’s this part: “I’m getting inbound from investors…” Nearly all of the inbound VC interest happening out there is from non-partner investors (i.e. A check-writing partner reaches out to you. Here’s the option pool that I think fairly incentivizes you. What does real excitement look like?

Cap Table 78

Cap Table Term Sheet Database Option Pool 78

Berkonomics

NOVEMBER 23, 2023

and here is the usual early-stage trap… First, a brand-new enterprise is often formed from the efforts of several “partners”, each with an expertise valued by the others. Options are usually best with “C” corporations but granting options for either LLC’s or “S” corporations are not a real problem.

Equity 62

Equity Stock Options Vesting Early Stage 62

www.mattbartus.com

DECEMBER 9, 2012

You have a 20% option pool, so you know this will take your ownership down from 80% to 60%, and the VC will get 25%. Option Pool. Option Pool. What questions should I ask the lawyers I am considering hiring? Take a look at the numbers: Pre-Money. Post-Money. Series A. -. Post-Money. Series A. -.

Warrant 40

Warrant Valuation Pre-Money Valuation Term Sheet 40

venturehacks.com

SEPTEMBER 22, 2011

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. Say the equity equation tells you to pay a prospective hire below market.

Equity 40

Equity Cap Table Valuation RSS 40

thestartuplawyer.com

FEBRUARY 24, 2010

Your Business Partner Closer,&# was a reformatted version of a blog post titled “Keep Your Startup Co-Founder Closer&# which appeared in Ryan Roberts PC’s blog for startups and entrepreneurs, The Startup [.] Who must be a co founder and who can remain a hired principal? I am the idea guy, but I am the only guy right now.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40