4 ms·

How much equity are start-ups asked to sell for 6-18k?

deleted 16y ago
[deleted]
monk_the_dog 16y ago
They provide $6000 per founder for up to 3 founders. They get 6% equity stake in return (I'm not clear if they still get 6% if there's only one founder). See this page: http://www.techstars.org/details/ http://www.techstars.org/details/ (BTW, I'm doing a startup in Boston. I'm sure they'll get lots of applications, but this isn't for me.) Edit: I saw someone recommend their book. Let me plug another one. I'm loving Steven Blank's Four Steps To the Epiphany (http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/0976470705/ref=sr_1_1?ie=UTF8&s=books&qid=1289243860&sr=1-1 http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/09...)
- davidw 16y ago
  In the past, someone here criticized that book - at least I think it was that one - as appearing to be a collection of notes rather than a fully formed book. Digging... http://news.ycombinator.com/item?id=1519291 http://news.ycombinator.com/item?id=1519291 Hrm... can't find it. Am I remembering correctly?
  - monk_the_dog 16y ago
    I think that's too harsh. The book has more "micro" errors than I'd like to see. By "micro" errors I mean some poorly drawn diagrams and some grammar errors that break my flow. I noticed that no editor is credited, and the book would be improved with an editor. Too many micro errors can hurt a books credibility (if they didn't take the time to polish the book can I really trust the content?). On the other hand, I think the advice in this book is fantastic. Two examples of things discussed: 1) Deciding what type of market you are entering (existing, re-segmented, new) and the consequences of each market type. 2) Confirming your hypothesis before you try to scale. Get past the micro errors. The content really is quite good. Or I think it's good. What the hell do I know. There's a scene in Moonstruck where one of the characters seeks advice until she gets the answer she wanted to hear in the first place ('maybe they're afraid of dying?'). There may be some of that going on with me and this book.
    - davidw 16y ago
      My recollection was that the person was saying they liked the content, just that it lacked some polish. Like I said though, that was just a vague notion I had. I haven't read the book, but do enjoy reading the stuff he posts to his site a lot.
lincolnpark 16y ago
Their shares are in common stock. Same as founders

deleted 16y ago

[deleted]

They provide $6000 per founder for up to 3 founders. They get 6% equity stake in return (I'm not clear if they still get 6% if there's only one founder). See this page: http://www.techstars.org/details/ http://www.techstars.org/details/ (BTW, I'm doing a startup in Boston. I'm sure they'll get lots of applications, but this isn't for me.) Edit: I saw someone recommend their book. Let me plug another one. I'm loving Steven Blank's Four Steps To the Epiphany (http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/0976470705/ref=sr_1_1?ie=UTF8&s=books&qid=1289243860&sr=1-1 http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/09...)

davidw 16y ago
In the past, someone here criticized that book - at least I think it was that one - as appearing to be a collection of notes rather than a fully formed book. Digging... http://news.ycombinator.com/item?id=1519291 http://news.ycombinator.com/item?id=1519291 Hrm... can't find it. Am I remembering correctly?
- monk_the_dog 16y ago
  I think that's too harsh. The book has more "micro" errors than I'd like to see. By "micro" errors I mean some poorly drawn diagrams and some grammar errors that break my flow. I noticed that no editor is credited, and the book would be improved with an editor. Too many micro errors can hurt a books credibility (if they didn't take the time to polish the book can I really trust the content?). On the other hand, I think the advice in this book is fantastic. Two examples of things discussed: 1) Deciding what type of market you are entering (existing, re-segmented, new) and the consequences of each market type. 2) Confirming your hypothesis before you try to scale. Get past the micro errors. The content really is quite good. Or I think it's good. What the hell do I know. There's a scene in Moonstruck where one of the characters seeks advice until she gets the answer she wanted to hear in the first place ('maybe they're afraid of dying?'). There may be some of that going on with me and this book.
  - davidw 16y ago
    My recollection was that the person was saying they liked the content, just that it lacked some polish. Like I said though, that was just a vague notion I had. I haven't read the book, but do enjoy reading the stuff he posts to his site a lot.

lincolnpark 16y ago

Their shares are in common stock. Same as founders