Q: We are a virtual company that will operate very lean. I am hiring a COO/CFO at the moment, and am wondering what share grant would be appropriate. I have seen CEOs recruited into startups receive something like 5%. Are there rules of thumb? A (Brad): We’ve got plenty of posts around this general topic […]
I love it when Dick Costolo fires up his virtual pen and lets the words flow. Today’s post titled Too Many Chiefs of Too Many Indians (a total of 1,218 words) is an excellent treatise on who to hire early in the life of your company. More specifically, it answers the questions “should I hire […]
I have 57 unanswered questions in my “AsktheVC” folder. There are 77 days left in 2007. That’s less than one a day. I should be able to get the folder to 0 by the end of 2007. Nothing like a little goal. Of course, that assumes no new questions which you – fair reader – […]
Don Dodge has today’s great post up titled Failing Fast It’s a good thing. Don’s a smart guy, an experienced entrepreneur, and has become a good friend. His blog – Don Dodge on The Next Big Thing – is required reading for entrepreneurs, especially if you have any interactions with Microsoft.
Today’s great post is from Fred Wilson titled The Fiction of 20%. If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.” Fred has a great rant on why this is – is in his words – rubbish.
Fred Wilson from Union Square Ventures has today’s great VC post up titled How To Get Attention From Your VC. And no – the answer is not to throw your oatmeal on the floor and wave your hands around while screaming at the top of your lungs.
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