Really depends on how many rounds of funding you think you'll need. Most startup founders have their equity diluted anywhere from 15%-33% after 2-3 rounds of funding. If he is a key partner, then 25% is fair and a better deal for you. VCs hate preferred shares being issued because it just complic...
First thing you should do is talk to a patent lawyer. Specially your employers lawyer. There is something called "trade secrets" that are consider all the knowledge that you are getting and applying. This secrets could be used by the company to sue you later on. Be very careful before you start. ...
I have quite a bit of experience with this. My advice is to create a plug in tool that can be licensed not just in the entertainment vertical but other similar verticals. That's one key way to develop clients that will never leave you because it will be part of their business. Then as a business...
If the team has aspirations to build a venture backeable business (i.e. Raise money for equity), then of course you should ask. Ask the CEO if he has a ESOP (Employee Stock Option Plan), and if it's part of the compensation package. You're allowed to ask. As for the right person on Clarity, pr...
That's a great question and there is a lot of startups asking it. Including me. I've been asked it a few times as well. I tried to tell the people what to do at first, but soon realized that they are the ones who know their product and industry better than anyone else, so I could only ask the rig...
Great question. Happy to have a conversation on this (I currently have a reduced launch rate) and explore your options but here are my top tips. 1) Tailor my advice to your business's niche and obviously look in that area, but for example great cofounders could probably be found as follows - cont...
Hi, Another option you have is start looking at creating a simple website, average expense should cost minimum $90 per month with the option to buy online. As for a free starter, i would recommend Marketplace or Amazon best. You would be having a clear idea of the market offers and you would also...
Here are some of the ways you can do this: Start a blog on the topic of growing a business. Make a YouTube channel and record yourself talking, write an ebook (Free or paid), be active on the social media (especially LinkedIn and Twitter), guest blog post for websites that are worth it.
[Background: I started my first business at 12, 3x founder by time I was 22. Named by White House as one of the top US entrepreneurs under 30.] Young entrepreneurs can succeed, just like older ones can. Younger founders have certain pluses that older ones don't, and vice versa. One group is not...
You need to be able to get feedback on your product as quickly as possible, so my advice is to choose the technology stack that will allow you to build a prototype efficiently. There's no right answer here: for some people it's LAMP, for others it's node, for others it's a Windows stack. Worryin...