Having done over 35 different financing rounds over 7 companies I've built in Silicon Valley - you should be giving up 15%-25% dilution in each round with a plan to never raise beyond a Series-C. Investors get equity for money invested, don't start doing "special deals" or it could poison the we...
By not focusing on being the CEO for the name and focus on your customers, employees, and the services you offer.
Generally speaking, Yes. I say this for a couple primary reasons. 1) If you do not place value in your product, why should the customer? And if you are not charging for it you are not placing value on it. 2) the customer will be more "invested" in the success of something that has cost them s...
Great situation you have found yourself in! Good for you! What your friends are doing and putting you through is common. When I have given out shares I calculate several things: 1. time they will be involved in the company. 2. the value they provide in the scalability of the business - not th...
The first thing to understand is if they're looking to be a venture funded startup. Not all startups plan to raise money. If they have in the past, then issues equity is very standard and they should bring it up - if they havent, you can ask. If they aren't looking to raise capital, then having...
The best way to build an MVP is to distill the solution to the smaller unit of value to deliver something to a customer. Start small, time box it and focus on solving the problem at it's core even if it's ghetto (I call the best MVP's ghetto but useful). Here's an image that represents my think...
Here are two possible avenues: (a) ExitRound (b) Listing profiles as team of developers available for hire together on DeveloperAuction
You get the bravery to do the thing by doing the thing. Stop being in analysis paralysis and just get on with it. You build a business one step at a time, one action at a time. Just get on with it. Stop worrying about whether it will be profitable or not. You either want the thing or you don't...
This is a very important issue. Vesting and commitment should be decided upfront and in consensus. While I could tell you my experiences with founders, I would encourage you to first read this two posts on vesting: http://www.feld.com/archives/2005/05/term-sheet-vesting.html http://www.naffzig...
Hi! For starters I don't think clarity was meant really as a C2C (customer to customer) consulting platform. I'm pretty sure it was meant to be only for experts in a topic to provide expert advice to non experts. Now we have a ton of non experts providing their opinions. Some are great while som...