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visits member for 2 years, 1 month
seen Mar 3 '12 at 20:10
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Mar
29
awarded  Yearling
Nov
17
comment How much equity to offer for part-time help?
check Joel's answer on this one answers.onstartups.com/questions/6949/…
Oct
31
comment Researching a business idea
The question might be little naive but the answer does not propose any constructive idea either (pure sarcasm).
Oct
26
comment Forming a new software startup, how do I allocate ownership fairly?
@Joel it would be great to expand your example by analyzing the situation when one of the founders leave during the 1st year, the 2 nd year, after the VC gets in etc. Should the shares vesting be bound to milestones?
Oct
26
answered Joined a startup to learn about starting up. What should I do now?
Jul
27
answered Profit sharing with sales person
Jun
16
awarded  Critic
Jun
14
awarded  Commentator
Jun
14
comment Founders' salaries
you should use 'add comment' option insteat of answer. Regarding the question, I do not know what was the agreement between you and the investor A. Did you have a lawyer involved in some stage before you got round A fund? If yes this issue probably was addressed in your the agreement. Assuming that you did not take a lawyer you can try to exlpain the situation to the investor A and ask for some additional money. However, technically (IMO, and I am not a lawyer) investor A obligations are complete at this stage.
Jun
14
answered Founders' salaries
May
25
comment I don't think I need funding, should I shop around anyway?
If you can manage without funding go ahead! Many enterpreneurs wish they could do it.
May
24
comment Business of Software
mentioning the formula components might be helpful for you in the first place. You would be able to do better analysis and improve different budget estimations. Also you might be asked by VCs (or angels) how exactly did you get this specific number.Sometimes you will find it problematic to recall how exactly the calculation was made (several moths later).
May
24
answered Start-up Company - Legal Advice and beyond…Where do I go from here?
May
23
answered Planning to do a startup in USA from my country, were I can find employees?
May
23
awarded  Editor
May
23
revised Business of Software
added 550 characters in body
May
23
answered Business of Software
Apr
22
comment Commission for in-house sales activity
please ellaborate on your commitment as stated in the letter of employment (contract period, etc). It is important to calculate the formula for your over time shares plan, commisions and anual bonuses.
Apr
21
accepted How to plan exit
Apr
13
answered Researching a business idea