beninato

7 ms·

1. 1.▲
   by beninato 11y ago

   Based upon the comments, I added some additions to the end of the post. Thanks for raising those issues!
2. 2.▲
   by beninato 11y ago

   I think what Sam Altman suggested was give more stock but have it backloaded on the vesting.
3. 3.▲
   by beninato 11y ago

   Got it thanks. There are all sorts of nonstandard things that happen after acquisitions. Too hard to capture those here.
4. 4.▲
   by beninato 11y ago

   Here are some of Sam Altman's thoughts http://blog.samaltman.com/employee-equity
5. 5.▲
   by beninato 11y ago

   I've never seen a 2 year cliff. Can you say what company?
6. 6.▲
   by beninato 11y ago

   Great points!
7. 7.▲
   by beninato 11y ago

   Not sure what you mean about class of stock. Almost all employee options are common stock. Good point about repurchase rights. I should probably add a section on that. On the 90 day issue, usually those ISOs are converted to NQSOs after 90
8. 8.▲
   by beninato 11y ago

   You don't want to work for someone like that. If they won't tell you that, what else are they hiding?
9. 9.▲
   by beninato 11y ago

   The reason I brought this up is that there are some founders who believe if you only stick around a year or two, you aren't loyal so you shouldn't get any stock. Some companies have repurchase rights. I was trying to suggest a way
10. 10.▲
    Startup Stock Option Changes(medium.com)

    48 points by beninato 11y ago|54 comments
11. 11.▲
    by beninato 12y ago

    Thanks pviswana, I really appreciate it! Tell your friends please.
12. 12.▲
    by beninato 12y ago

    CS, thanks, you can ask your questions any time!
13. 13.▲
    by beninato 12y ago

    Feverish, I think it will depend upon the callers and email questions. Some specific "I'm having this issue with my co-founder or investor" and some general "how do I start a company." All are welcome! Be sure to tu
14. 14.▲
    by beninato 12y ago

    This Thursday, I'm launching FounderLine, a LIVE webcast devoted to helping startup founders succeed. Every week I'll have a guest entrepreneur or investor join me to answer startup-related questions that come in via phone, email,
15. 15.▲
    FounderLine – LIVE webcast for startup founders(founderline.com)

    2 points by beninato 12y ago|7 comments
16. 16.▲
    PassTools helps businesses build and manage passes for Apple PassBook(techcrunch.com)

    2 points by beninato 14y ago|0 comments
17. 17.▲
    by beninato 17y ago

    Hi Gruseom, I probably won't follow after this post, but you are welcome for the share. You can always email me directly via the address on the first page of the presentation. Board composition really matters, because your board is going to
18. 18.▲
    by beninato 17y ago

    Thanks, Enrique. Not sure what you mean by distribution of meetings/term sheets. If what you are saying is which VCs or angels are most likely to fund, that is a really hard question to answer. It really depends upon your plan and what you
19. 19.▲
    by beninato 17y ago

    Hi Sachinag, thanks for your comment. The reason most (but not all) of the firms I listed are in the Valley is because this group of startups are all in Palo Alto and meeting with investors here over the next few weeks. Of course there are
20. 20.▲
    by beninato 17y ago

    Hi Jack, Great question. It's pretty complicated, but I think naming a valuation can only lead to problems. Bottom line: it's not your job as an entrepreneur to value your company. It's up to the investor to "make the offer" in most cases.