article thumbnail

The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

Because convertible debt deals often have both a ‘full ratchet’ and often have ‘multiple liquidation preferences’ “ Yup. The key for entrepreneurs to understand is whether it’s a “full ratchet” or a “weighted average ratchet.” Convertible notes have full ratchets.

Ratchet 354
article thumbnail

Fear is the mind-killer

Startup Lessons Learned

As the product matured, they were able to ratchet up the quality to prevent regression on features that had been truly embraced by their customers. Starting instead from a position where feedback cycle time is the priority and allowing quality to ratchet up as the product matures provides a more natural lead in to continuous deployment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned: The hacker's lament

Startup Lessons Learned

And we cant hire new engineers any faster, because you cant be interviewing and debugging and fixing all at the same time! Even with the highest standards imaginable, theres no way to hire just genius hackers. Hire a CTO or VP Engineering. Worst of all, your teammates are constantly wanting to have meetings. Just change it.

article thumbnail

[Singapore] Shopify Partners SingTel To Grow Presence In Singapore

YoungUpstarts

The e-commerce space in Singapore has been ratcheted up by another notch as online shopping platform Shopify partners telecommunications provider SingTel to make available its services to businesses in the country.

Singapore 164
article thumbnail

Become a Great Leader – Harness the Power of Primal Emotions

Up and Running

What creates that is hiring the right people. But when you do have the ability to create that from the beginning and be mindful about what kind of people you’re hiring and their emotional energy, that’s really beneficial. When team members experience heartfelt emotion, their creative ability ratchets up a notch.

Ratchet 60
article thumbnail

Common Problems Facing Startup Businesses

The Startup Magazine

In many cases, this money is used to make unnecessary workspace renovations, hire superfluous staff and invest in promotional efforts. If no one in your employ possesses a specific skill set needed for a certain assignment, hiring someone in a freelance capacity is a much smarter decision than bringing them on full-time.

Ratchet 116
article thumbnail

3 Ways To Make In-House Filing Less Taxing

YoungUpstarts

For instance, if your startup is in the Bay Area but you hire a New York engineer, that engineer may fall under New York’s filing requirements. If your startup is eyeing international expansion early on, your tax compliance and planning needs, both home and abroad, immediately ratchet up. Plan ahead.

Ratchet 113