4/ In exchange for my sweat equity, I negotiated some advisor shares, which I could purchase generally for just a few dollars (these were super early companies, exercising was cheap). Advisor agreements are pretty standard, I recommend the FAST: https://t.co/Ne9pVSHWUD
We are proud to announce our new legal template EASE!
If you are looking to work with a developer or designer and want to offer them equity instead of cash then you can use the EASE template to streamline the process.
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Perception: "Startup valuations are dropping like crazy"
Reality: Late-stage startup valuations are dropping
Angel-stage startup valuations are stable, as they typically are.
Seed-stage startup valuations are rising.
It is still a great time to launch a startup 💪
#Pittsburgh Entrepreneurs: JOIN US Dec 06 for TheDevShop Startup Pitch Competition: Pitch to Win $2,000 in Prize Money 👉 https://t.co/E6Cg3rEg3z
Featuring: @Ilanadiamond , Atul Bansal
📈 #FundingLab Applications OPEN for #Startups Ready to Raise→ https://t.co/AMSPeHkzee ←Q1 deadline DEC 18!
Prerequisites:
1️⃣ Working FT on the company
2️⃣ Functioning product
3️⃣ Demonstrable customer traction
4️⃣ Able to spend 25+ hours/wk for 3+ mo
5️⃣ Team >2
NFX implosion makes me sad—not bc of stupid crypto, I’m a near nocoiner, long believed 80%+ sector is grift—but bc SBF political donations aside, he was the most prominent entrepreneur in the EA movement & repetitional damage by association sucks, having a fraud/fool as posterboy
Thought Bombs from my panel today with @roelofbotha
"VCs should be a shock absorber not a amplifier" Moderate the amplitude in both up and down markets.
His biggest "learning" as a VC. Let your winners ride. Selling too early is bad for truly great companies (Paypal, square)
'Good investors are shock absorbers, not amplifiers. They support founders during the down times, and temper their enthusiasm in the high times' - paraphrased from @roelofbotha of @sequoia on Venture Trailblazers
📣 We are very excited to announce that @RoelofBotha of @Sequoia Capital will be joining as the keynote speaker for Founder Institute's inaugural 'Venture Trailblazers' event, happening November 2nd!→ https://t.co/6NySHU8wwl
#FIworldwide#VC#entrepreneur
🇨🇦 #Canada FI50: https://t.co/Gpi44nLLIT ←Meet the Fastest Growing FI #Startups from across Canada!
📈 Canadian FI Alumni have made HUGE progress over the past year—our new #FI50 Report highlights these companies' success!
@FoundingTO @MontrealFI@SunilSharmaCo@SergiusEscobar
For Veteran & Military Family interested in startups, join our upcoming event: $100,000 Veteran Pitch Competition | Semi-Finals 2022 (Online Event). It's free to register at
https://t.co/2T80cNsGuI