Comments on: Founders, Ownership and Prenuptials http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/ Entrepreneur turned VC Mon, 14 Nov 2011 23:37:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Kirill Zubovsky http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-21424 Kirill Zubovsky Mon, 13 Dec 2010 23:45:52 +0000 http://bothsidesofthetable.com/?p=765#comment-21424 "...a friend of mine used to work at Google. He started a company with 2 others. They agreed to all be co-founders.." - redbeacon? “…a friend of mine used to work at Google. He started a company with 2 others. They agreed to all be co-founders..” – redbeacon?

]]> By: Timothy Golden http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-21071 Timothy Golden Tue, 07 Dec 2010 21:43:35 +0000 http://bothsidesofthetable.com/?p=765#comment-21071 I'm in the same situation. Would love some advice. I'm in the same situation. Would love some advice.

]]> By: Berry http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-20363 Berry Wed, 24 Nov 2010 12:21:19 +0000 http://bothsidesofthetable.com/?p=765#comment-20363 Mark<br>We really need some advice. We have 2 cofounders. There is a guy we want to bring on- right connections, experience, etc. The two of us have a decade long friendship, have worked on several projects, etc. We met the new guy at an industry trade show where we were exhibitors (btw- we won't be conference ho's- but trade show ho's- that is a possibility!)<br><br>So two questions:<br>1. How can we phase him in as an equity partner? What is typical in terms of earning trust, performance targets, and vesting? <br>2. Who owns the IP-- the new guy is not a programmer. What is a typical scenario for "who gets the code" if the company dissolves?<br><br>Thanks. Mark
We really need some advice. We have 2 cofounders. There is a guy we want to bring on- right connections, experience, etc. The two of us have a decade long friendship, have worked on several projects, etc. We met the new guy at an industry trade show where we were exhibitors (btw- we won't be conference ho's- but trade show ho's- that is a possibility!)

So two questions:
1. How can we phase him in as an equity partner? What is typical in terms of earning trust, performance targets, and vesting?
2. Who owns the IP– the new guy is not a programmer. What is a typical scenario for “who gets the code” if the company dissolves?

Thanks.

]]> By: Hiring at a Startup? Know Thy Weaknesses | CloudAve http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-865 Hiring at a Startup? Know Thy Weaknesses | CloudAve Sun, 13 Dec 2009 07:51:25 +0000 http://bothsidesofthetable.com/?p=765#comment-865 [...] on this post about The Most Common Early Stage Startup Mistakes and again in this post covering how to implement startup prenuptials.  If the topic is important to you and you haven’t read these posts I think they’ll be [...] [...] on this post about The Most Common Early Stage Startup Mistakes and again in this post covering how to implement startup prenuptials.  If the topic is important to you and you haven’t read these posts I think they’ll be [...]

]]> By: Doing It Right the First Time: The 15 Most Common, but Avoidable, Mistakes Made by High Growth Start-ups | VC Deal Lawyer http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-864 Doing It Right the First Time: The 15 Most Common, but Avoidable, Mistakes Made by High Growth Start-ups | VC Deal Lawyer Tue, 08 Dec 2009 04:40:52 +0000 http://bothsidesofthetable.com/?p=765#comment-864 [...] at formation.  For some further info, see both of these articles from Mark Suster regarding Founder Prenups and Founder [...] [...] at formation.  For some further info, see both of these articles from Mark Suster regarding Founder Prenups and Founder [...]

]]> By: Hiring at a Startup? Know Thy Weaknesses http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-863 Hiring at a Startup? Know Thy Weaknesses Wed, 02 Dec 2009 03:07:34 +0000 http://bothsidesofthetable.com/?p=765#comment-863 [...] on this post about The Most Common Early Stage Startup Mistakes and again in this post covering how to implement startup prenuptials.  If the topic is important to you and you haven’t read these posts I think they’ll be [...] [...] on this post about The Most Common Early Stage Startup Mistakes and again in this post covering how to implement startup prenuptials.  If the topic is important to you and you haven’t read these posts I think they’ll be [...]

]]> By: msuster http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-866 msuster Mon, 07 Sep 2009 21:51:12 +0000 http://bothsidesofthetable.com/?p=765#comment-866 Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add "co-founders" later. Thanks for your input. Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add “co-founders” later. Thanks for your input.

]]> By: msuster http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-13426 msuster Mon, 07 Sep 2009 21:51:12 +0000 http://bothsidesofthetable.com/?p=765#comment-13426 Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add "co-founders" later. Thanks for your input. Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add “co-founders” later. Thanks for your input.

]]> By: msuster http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-862 msuster Mon, 07 Sep 2009 16:51:12 +0000 http://bothsidesofthetable.com/?p=765#comment-862 Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add "co-founders" later. Thanks for your input. Ha, excellent visual. Yes, I believe in smaller founding teams. It's controversial and most companies have 2 founders if not 3,4 so I try to be sensitive by not shouting louder. But I usually tell these people privately to start their next company by themselves and add “co-founders” later. Thanks for your input.

]]> By: eran shir http://www.bothsidesofthetable.com/2009/08/18/founders-ownership-and-stock-options/comment-page-1/#comment-13424 eran shir Mon, 07 Sep 2009 10:06:30 +0000 http://bothsidesofthetable.com/?p=765#comment-13424 PS, just found your blog (through Fred) and love it. Nice work. PS, just found your blog (through Fred) and love it. Nice work.

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