This is a report of the results of the most comprehensive survey of executive compensation at life sciences startups in the US. The report details the following positions:Life Sciences * CEO * President / COO * CFO * Chief Scientific Officer / Head of R&D * Chief Business Officer / Head of Biz Dev * ...
This is the report on the most comprehensive survey of executive compensation for startup technology companies in the US and Canada. The report details the following positions: * CEO * President / COO * CFO * CTO * Head of Engineering * Head of Sales * Head of Marketing * Head of Business Development * ...
The Funded Founder Institute has created a new class of common stock to protect founders, “Class F.” The stock offers Founders a suite of protective provisions, 2:1 Board votes per Founder versus normal Board Members, and 10:1 share votes as compared to normal common. Participating Class F shares vest monthly without a cliff to act ...
From: Simeon Simeonov, Technology Partner, Polaris Venture PartnersFounders often ask me, “If I own X% after my first investment round, how much will I be diluted through financings until exit?”. A follow-on question is: “How much option reload will I get to compensate for that dilution?” There are rules of thumb but there is no ...
The selection, care and feeding of a co-founder (or co-founders) is one of the key determinants of long-term success in a startup. Lots of startups have issues like a lack of market, technology challenges, distribution challenges, etc. But, a lot of these can be addressed with a great founding team (just about all startups tweak ...
My research shows that in small companies, it’s still true that when founder-CEOs do badly, they are replaced. But the interesting paradox is that when founder-CEOs do really well, that also increases the chances that they’re going to be replaced. Typically, early in the life of a company-—when it is developing its first product or ...
Founding a company takes vision, charisma, energy and all sorts of other venerable characteristics, but those leadership qualities often aren’t enough to steer that same company from start-up to full-fledged corporation. In fact, often the entrepreneur can unwittingly derail it, according to a report by executive placement firm Spencer Stuart, which describes “founderitis” as a ...
An entrepreneur’s decision to step down is a hard and humbling one. After all, who wants to face up to her limitations? But that day almost inevitably comes. Some business owners find themselves unable to drive their company to the next level. Others discover that they simply don’t enjoy the complexities of running a larger ...
Everyone around you knows that you have it, but you are in denial. You say things like, “I am open to giving control to the right person at the right time”. However, the reality is that the “right person” does not exist and the “right time” never arrives. Founderitis, Founder’s Disease, Founder’s Syndrome; by any ...
Q: On average, what percentage of a company does the “typical” entrepreneur own by the time of a “successful” exit? Obviously, huge YMMW, but what’s a reasonable expectation, say, assuming two founders, middle-of-the-road terms from investors, two or three rounds of funding, and an acquisition? Or is the range so broad as to be meaningless? ...