The founders tag has no wiki summary.
2
votes
2answers
220 views
Should a founding partner receive a sales commission or vig?
I'm one of four partners in a litigation technology startup. We're a great mix of skills, everyone brings their own strengths to the table.
One of our partners is our head of sales because he has ...
2
votes
1answer
600 views
Are there standard approaches to equity and compensation when joining early stage startups?
I recently met the founder of a web startup who is looking to build his management team. I would fill an executive position on that team.
Last year, the company received initial angel funding ...
2
votes
2answers
66 views
Reporting Founder Changes to the IRS
Last year, I incorporated with two other people who, at the time, were all about the project on which we were working. The project eventually fell flat due to loss of interest on their parts.
I've ...
2
votes
3answers
389 views
Startup Equity question
I have a question about founder equity/partnership equity. Any advice would be most appreciated.
Approx one year ago, my partner and I came up with an idea we think would work
as a mobile and ...
2
votes
4answers
245 views
Can you be forced out before the cliff?
If your founder's contract has a "cliff", can the other founders decide to force you out before that cliff or do you have to quit to lose all your equity?
1
vote
2answers
254 views
Advice to become a technical founder
My aspiration in life is to become a entrepreneur and because of my background (4 years as a software developer) I figure I would go best if I start out as a technical founder at a start up.
I guess ...
1
vote
4answers
2k views
How to vest founder equity with full time and part time cofounders
Here is the situation. I'm working with two other folk on our startup and we are now planning to incorporate. We're trying to figure out how to allocate founder equity between ourselves.
So far, we ...
1
vote
2answers
338 views
Founders' salaries
Need help.
Startup. Several founders. Got investments n$. Worked for free after getting investments 6 months. Reached and even more, KPIs, Investors are very happy. Now new round with new investors ...
1
vote
4answers
39 views
Non-dilutable options
I have an entity I've been working on for roughly 4 years, the last being a real push to get it out the door. A student recently joined me and got us into a student business plan competition and we ...
1
vote
2answers
94 views
How do divide up equity if I'm providing the idea, mentoring and a smalll amount of funding
I have what I think is a really good idea for a product/business. I don't have time to develop it so I'm thinking of sharing the idea with some entrepreneurship students at a local university.
I ...
1
vote
3answers
155 views
How do tech founders keep control over the core technology as their company grows?
Take for example, Google:
As I understand, the search engine was started as a research project.
(by the way, was it patented or the code is fully open through the contents of the respective thesis ...
1
vote
5answers
231 views
What Should I do as Founder
Hope you can help me out with little advice here. I recently founded a website and I have no technical programming. Perhaps I was lucky that I found a rich partner who can't work full time. But he has ...
1
vote
2answers
81 views
Equity split for non day-to-day founder
I wish that my equity situation for my new company were easy; unfortunately it's not - so I'd love feedback and thoughts.
I met with a well connected business person (we'll call him Karl), and he had ...
1
vote
2answers
256 views
Dealing with Co-founder without the same commitment
Imagine the following scenario:
1 founder and self proclaimed CEO , created an idea for a new website internet services, and started developing it. The core of the system is done, he decides that one ...
1
vote
1answer
155 views
Splitting equity between founders
X was working part-time on an idea and after about a year and a basic demo in hand, he talked to two potential people (A and B) who would become co-founders but would work part-time just like X. The ...
0
votes
3answers
174 views
Co-founder question
This is my first startup.
I was working with a friend on his startup. He was going to offer me 20% of the company and we worked on it for 4 months. The idea was good but we ran out of money before we ...
0
votes
7answers
738 views
What makes a good web startup founder?
What are some the characteristics and qualities that you have seen that they may have in common.
0
votes
2answers
190 views
Are non-technical co-founders worth it in the first round?
Background
I am a developer by day, working on some of my own side projects at night.
I have been approached recently by an acquintance who makes his living as a business analyst. He has a decent ...
0
votes
6answers
286 views
What biography is both inspiring and relevant to a modern technology startup?
Who have you enjoyed reading about most? Which biography has provided the most insight and perspective into a brilliant founder's mind?
I have really enjoyed Founders at Work, by the way - even ...
0
votes
2answers
22 views
Director service contracts
The two of us are going to found a company and will work on all necessary tasks without taking pay at least for the first year. In this case, are we going to be Executive Directors? If so, will we ...
0
votes
1answer
188 views
Where to put vesting schedule for founders?
For a new corporation, should the vesting schedule and related conditions be written in the Articles of Incorporation, Shareholders Agreement or as a separate document?
Thanks for any advice.
0
votes
2answers
134 views
Can a company founded by foreign citizen be awarded a DARPA grant?
Can I apply for a DARPA grant, being a foreign citizen who has founded a company in the US?
The company would be located in the US and there would be other founders with US citizenship.
0
votes
1answer
48 views
What is the significance of members holding their interest in the company in “holding companies”?
We are putting together the operating agreement for our company, and one of the questions in the worksheet we are going off of is:
Will some Members be holding their interests in holding ...
0
votes
1answer
383 views
Fair method to divide shares in a new business venture
I recently came up with an idea for some protective equipment for pro athletes. Discussed it with 2 friends (one is an engineer with lots of experience in developing products and the other has some ...
0
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4answers
155 views
Startup in United states
If I need to start a company in United states what are the procedures and legal affairs? From where I can get more information on this? I'm not a U.S Citizen.
0
votes
1answer
257 views
multi-owner corp startup kit, shareholder agreement?
I'm looking for a basic kit with forms for establishing a multi-owner corporation (S-election). In particular, we want some basic clauses in the shareholder agreement to cover:
buy-sell clause, a ...
0
votes
2answers
97 views
Is it easier to find a job in a new industry or a co-founder?
I am not trying to flame or troll the board. :)
And putting aside for a moment the issue of whether someone who is looking for a job is cut out to be an entrepreneur.....
It seems to me that many of ...
0
votes
2answers
552 views
Single Founder Vesting?
Does it make sense to sign a vesting restriction for myself, if I'm a single founder of my company?
0
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0answers
16 views
Dividing equity for a Management Buyout
I currently work as CTO and VP Engineering with a company that has offered to sell the company to the President. The president and I originally started this company that was acquired several years ...
0
votes
0answers
60 views
Fair equity/cash for one year's contribution?
So I asked a broader question on this situation before, but am now trying to narrow it down to the core issue after negotiations failed yet again with my co-founders.
I am a tech guy who joined a ...
0
votes
2answers
157 views
Single Founder Rate of Success
I've spent quite a lot of time, met quite a lot of people, but still am failing at trying to find a cofounder for my startup.
I've gone to numerous tech-meetups, met 1:1 with quite a few people, ...
0
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0answers
64 views
Need a senior rails developer quick
Our nascent startup in something of a desperate situation. We received a term sheet from an accelerator yesterday requiring us to colocate in NYC for the summer to work on the project in exchange for ...
-1
votes
2answers
148 views
Equity splits for new company are threatening to tear it apart before it gets off the ground
hope to get a few outside opinions here.
The cast of the saga:
"M" - the "idea person", has experience, has (or will have) money from property in near future, unemployed at present
"B" - A ...
-1
votes
2answers
207 views
What title to give to a non-founder first person in company
This question is a follow up to another question but it stands as a question by itself so i decided to ask it separately..
i am a single-founder starting a company and hence looking for ...
-1
votes
1answer
83 views
When a founder hires a CEO, should the founder still get paid?
When a founder of a start up hires a ceo, and the founder owns 50% or more of the company. Should the founder still get paid out of investors money?
