Liquidation Preferences and Why They Matter for App Developers
Founders tend to be a passionate group focussed strongly on the nuts and bolts of their product or service. When it comes time to raise venture capital, it’s easy to just say “yes” to anything and everything that presents itself. The problem is that shares of a company aren’t all created equal, and startups often […]
How Much Equity Should Early Startup Team Members Get?
In a particularly emotional segment of the popular podcast Startup by Alex Blumberg, two co-founders discuss how much equity each party “deserves” based on their skills and contribution to the company — and the huge disparity in what each considers fair almost tears the team apart. The scene is particularly powerful because, rather than discussing […]
Why You Need a Co-founder and Where to Find One
Partnering with a capable co-founder may not be a requirement, but it’s strongly suggested by leading venture capitalists. Investor Paul Graham famously listed single-founder team structures as one of the leading causes of startup failure. Any iPhone app developer can tell you that the road to startup success is challenging emotionally as well as logistically, […]