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Ask The VC Feb 03 12 I get asked this question many times in many different ways. Sometimes people are coy about it (“someone is expressing strategic interest – what should I do?”) other times people are clear and direct (“someone wants to acquire my company – help!”). David Cohen, the CEO of TechStars, has encountered this many times. Before starting [...] Full story...
Today’s post of the day comes from Micah Baldwin. Micah isn’t a VC – he’s an entrepreneur, CEO, and experienced mentor (he’s been involved in TechStars since the beginning.
Question: Most VCs commented that they can not fund current cap table where the CEO and COO would get 10% equity once fully vested while the current investors have 80%.
Question: I am one of three founders of a company. Up until now we have been bootstrapping the company from our own funds and working part time on the company while having full time jobs.
Question: How often do venture-backed start-up employees (let’s say non-executives) get stock option grants? Besides the initial grant when they start, how often do “re-up” grants come? Should they be expected after further funding rounds? After significant accomplishments/promotions? Never? The short answer, at least in the US, is “most of the time.
Question: I am considering joining a startup that is currently in the process of raising their next round of funding.
On the heels of Yahoo suing Facebook for patent infringement followed by Tim Armstrong at AOL saying “hey Wall Street – look at me – I’ve got great patents also“, Andrew Parker (Spark) wrote a post that brought me out of my “intellectual property depression” titled Open Source and For-Profit Companies.
Fred Wilson (USV) must not be at SXSW because he’s got a great post up titled The Board Of Directors – Selecting, Electing & Evolving.
There were very few VC posts today – I’m guessing most VC bloggers are either sleeping late, at SXSW (and possibly sleeping late due to their hangovers), or not blogging today (yeah – I know the third one is – well – a tautology).
As I sit here in Boulder watching MI-5, taking care of Amy, avoiding SXSW, and catching up on RSS and email, I came across a post from Albert Wenger (USV) that rang true.
Ryan McIntyre, one of my partners at Foundry Group, has a delightful post up this morning with a short (4 minute) video about the founding and startup of Excite on his blog titled Ctrl+Alt+Compete Documentary.