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Why good people leave large tech companies

Steve Blank

So, this was a meeting of last resort, as the engineering director was making one last appeal to the CFO to keep his team in town. While a significant part of the headcount of this tech company was in manufacturing, the director’s group was made up of experienced software engineers. They’re lucky they work here.

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Most Common Early Start-up Mistakes

Both Sides of the Table

Assuming normal valuations at fund raising rounds you’ll be down to 6-12% after you’ve created a stock-option pool and raised capital. But these people seldom make retirement money from the stock options on these companies. They’ll happily join for 5% or less and they’ll have options and not stock.

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Lean Startup at Scale

Startup Lessons Learned

Here''s the simplest form of that cycle: Week -1 - Planning/End-of-Cycle - Software engineers are planning: writing specifications, doing light prototyping, and experimentation. Week 0 - New Feature 1 - Software engineers are busy building brand new features.

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Why The Future Of US High-Tech Is Bright

YoungUpstarts

Is the entire sector destined to a sudden and quick demise, similar to the dot-com bust of 2001, with widespread stock market collapses and mass layoffs? The United States, which has been a magnet for the most talented overseas-born software engineers, is now home to some of the most innovative software and Internet businesses in the world.

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Verified Data Will Prevent “Fake It Til You Make It”

Hunter Walker

A software engineer who claims proficiency in Ruby might display a github score. Or a hiring manager may run a stack of resumes through some candidate eval software which pulls all sorts of data from github, stack overlflow, etc in order to try and verify that an individual has at least been publicly active in an area.

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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

As lawyer Scott Edward Walker wrote earlier this year, because of this “Convertible notes are ticking time bombs: if the maturity date is reached, and there hasn’t been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster.” Crunchboard.

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Free Startup Docs: How Much Equity Should Advisors Get?

techcrunch.com

For example: If an advisor meets with the founding team monthly, is involved in recruiting talent for the business, and takes a few customer calls, then that advisor would be entitled to 1 percent of the company in the form of restricted stock or options, vesting over a two-year time frame. Are There Too Many Stock Exchanges?

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