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Entreprenuer Network

SoCal CTO

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

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Why Uber is The Revenge of the Founders

Steve Blank

While 20th century metrics were revenue and profit, today it’s common for companies to get acquired for their user base. 2. The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month). Some founders have three-year vesting. Today, these are no longer hard and fast rules.

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Who Should be on Your Startup Board?

Both Sides of the Table

just having a sparring partner with a vested interest in your success can be useful. If your metric move immediate up-and-to-the-right? If you get a smart person on the board?—?just As per the chart above, I highly recommend keeping a founder dominated board at the seed stage. But it’s quite rare.

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Lessons Learned: Employees should be masters of their own time

Startup Lessons Learned

In order to give people the data they need to apply the strategy, we were very open with our company metrics, making all reports generally available and easy to run. When you think a certain feature will give a 50% boost to a given metric, and it only eeks out a 5% boost, you cant spin that as failure. March 9, 2009 8:35 AM Eric said.

Employee 146
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The New Deal – A Founding CEOs Value is Non Linear

Steve Blank

As a founder I fought with VC’s over vesting as they brought in a new CEO and walked me out the door. As a board member I negotiated with founding CEO’s over vesting when I thought it was their time to go. Yet the traditional vesting model ignores this. It’s time to rethink how we vest stock for founding CEOs.

Vesting 264
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Opinion: It’s a startup world

NZ Entrepreneur

This equity will vest over 2-3 years. Agenda items will focus on key metrics illustrating value creation, particularly in software as a service companies. Remuneration will reflect the stage of the startup but it’s generally at a rate of about $500-1000 a meeting or directors might be paid in equity at about 0.5-0.75%

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Is Your VC Founder Friendly?

Steve Blank

Will they tailor your vesting to your contribution as a founder? Do they have metrics and a methodology they use for early stage companies that differs from companies that have already found a business model? Will The VC Tailor Your Vesting to Your Contribution? What startup stage do they typically invest in? Lean Startups ?

Founder 232