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So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Key to required patents or trade secrets.
Background This post partly really came about as a result of a great conversation yesterday with David Croslin a former CTO at HP who recently conducted an interesting experiment. This is actually fairly common and I think it’s a bit challenging in that the technology roles (from technology advisor to CTO) in a startup vary widely.
So, the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Key to required patents or trade secrets.
So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Key to required patents or trade secrets.
The first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90 percent of the equity. The value in a startup is all about tangible results, so there is no equity value in the idea alone. Key to required patents or trade secrets.
So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Key to required patents or trade secrets.
I was hired to head up strategy, marketing development, and product management. That''s really where the genesis of this comes from, and we have patents around the idea of continually analyzing both structure and semistructured data from a wide variety of sources, simultaneously. That was a very successful exit for everyone involved.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). File a provisional patent, register a trademark, and reserve your company domain names. Of course, a real contract or purchase order from a big customer is even better. Build qualified advisory board.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). File a provisional patent, register a trademark, and reserve your company domain names. Of course, a real contract or purchase order from a big customer is even better. Build qualified advisory board.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). File a provisional patent, register a trademark, and reserve your company domain names. Of course, a real contract or purchase order from a big customer is even better. Build qualified advisory board.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CIO) and a product lead (CTO). File a provisional patent, register a trademark, and reserve your company domain names. Of course, a real contract or purchase order from a big customer is even better. Build qualified advisory board.
One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Another common “failure to start” situation I see is one where the “idea person” insists that the idea is 90% of the value (and 90% of the equity). Sacrifice and time commitment.
One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Another common “failure to start” situation I see is one where the “idea person” insists that the idea is 90% of the value (and 90% of the equity). Sacrifice and time commitment.
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