My last 2 posts were about things to avoid, so I thought it might be helpful to follow up with something more positive. Having been part of or observed about 50 early stage deals, I have come to believe there is a clearly dominant set of deal terms. Here they are: – Investors get either ...
The biggie, Founder Pay. First, I don’t believe in working for free. There is no such thing as working for free. If you tell me you are working for free at your start up, then your start up is worth nothing. You are working for equity in the firm and that equity has value. This ...
A while back, I asked for feedback from the community on potential topics of interest. One email had a host of questions around founders’ equity. I have been negligent in responding (I hope better late than never!). Great questions and ones that come up often.
