Artificial Intelligence for Better Business Results
Many people blog to share some elements of their success. When it comes to startups, I am far from Mark Zuckerberg. I have been involved in technology startups for 25 years. While I’ve made a good living at it, I’m not writing this from my yacht in the Caribbean or my ski lodge in Vail.…
Hiring for a startup is different than hiring for an established company. Its small size typically characterizes a startup, limited resources, and quick pace of work. Startups are often built around a new product or service, and are typically founded by entrepreneurs passionate about their idea and driven to turn it into a success. Because…
An investor’s right to have their money returned before common stock holders, which usually includes founders and employees of a company, is called a liquidation preference. In other words, the liquidation preference determines how much money must be returned before founders and employees of a company can receive returns in case of liquidation such as…
Anyone who has ever started a business knows that the path to success is seldom straight or easy. There are countless pitfalls and distractions that can lead you astray, and it’s often difficult to know which decision is the right one. For startups in particular, one of the most dangerous traps is confirmation bias. Confirmation…
Startup equity is essentially ownership of a company expressed in shares of stock. Founders who incorporate their companies (likely in Delaware) without outside investors have 100% ownership on day one. You may have put in your own money along with your co-founders. You may have worked without compensation for some time, and your opportunity cost of…
Stock options allow employees to purchase shares at a fixed price. Many companies, startups, or private companies often include these options in compensation packages for potential employees. Stock options are not shares of stock. These options allow you to buy certain numbers of company shares at a fixed price. This is often called a grant, striking price, or exercise…
