Comments on: Ten rules for better founding teams

By: Bob

Bob — Thu, 28 Oct 2010 22:06:07 +0000

You make some interesting thoughts. Thanks for sharing them.

By: The Zen of fundraising « HighContrast

The Zen of fundraising « HighContrast — Fri, 08 Oct 2010 03:53:26 +0000

[...] Ten rules for better founding teams [...]

By: Julia J.

Julia J. — Wed, 16 Jun 2010 07:52:52 +0000

Hi,
thanks for the great post, but from my point of view to just build the team or develop them is not enough, if you want to go and do some researches at Mars planet for example, you can’t having a team member who hate flying, it’s critical while building your team to gather people who have the ability and creativity to help accomplishing dream goals and targets.
please check this post it can be helpful: http://www.jaftalks.com/Home/Show/team-leaders-need-team

By: Founder Agreements – Vesting, Vesting and more Vesting « HighContrast

Founder Agreements – Vesting, Vesting and more Vesting « HighContrast — Mon, 26 Apr 2010 01:11:14 +0000

[...] founder agreements, startups, VC, Venture Capital, vesting trackback Following my posts on improving the performance of founding teams, founder agreements and strategies for dealing with poorly performing co-founders, I continue to [...]

By: Theo V

Theo V — Tue, 30 Mar 2010 00:42:52 +0000

Interesting post. One of my MBA friends who is newly jobless ( as many MBAs are) is looking to join a startup where the founder has 2 nice exits and is quite wealthy. I advised him to join the startup but now I am not sure. Given what was said here I am afraid that founder may also limit growth opportunities of the firm in order to keep control. How can one figure out if the founder is like the person described here or actually a smart entrepreneur who will do what is best for employees and the firm.

Theo

By: Sanhe Tech (SKGO) Signs Investment Memorandum with US Investors « Social Media « Sweet Businesses

Fri, 26 Mar 2010 04:04:36 +0000

[...] [...]

By: Desmond Pieri

Desmond Pieri — Thu, 25 Mar 2010 02:49:40 +0000

Sim, a great post with practical advice. Thank you for sharing it so broadly. I agree with your points about vesting options.

The complications of doing this are one reason why, when I do interim CEO / COO assignments, I usually avoid stock options all together. In the 10 interim CEO assignments I’ve done in the last 10 years, I’ve found that it’s important for the company to have complete flexibility to end the assignment when the job is done (and not have to worry about ending an assignment just before (or after) a vesting cliff is reached.)

By: Finance Geek » 10 Rules For Preventing Dysfunctional Founding Teams

Finance Geek » 10 Rules For Preventing Dysfunctional Founding Teams — Wed, 24 Mar 2010 19:10:47 +0000

[...] and investor Simeon Simeonov writes in a recent blog post, “I prefer companies where no one founder can force or block key votes against the wishes of [...]

By: dave broadwin

dave broadwin — Mon, 22 Mar 2010 23:57:18 +0000

Another great post. All the advice around vesting is right on point. I can’t tell you how many clients get into trouble on these issues. It almost seems like it is a right of passage for founders to make the mistake of giving away too much stock to someone who does not perform. I particularly like your comments about cliff vesting for founders. Founders often bring in people that they like early on to help with some task (often writting some code). A significant amount of the time , something goes wrong and then the stock is out the window.

By: Roy Rodenstein

Roy Rodenstein — Mon, 22 Mar 2010 20:32:37 +0000

Yes. Also at the time we had not decided if/when we would take external funding, so we felt 25% pre-vesting at the bootstrap stage was too much for someone who could theoretically walk out the door Day 5 with a nice chunk of equity.