Founder's FAQ

Founder's FAQ PDF

Author: Ilker Koksal

Publisher:

Published: 2021-03-13

Total Pages: 260

ISBN-13: 9781736642818

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Founder's FAQ is an authentic guide for founders by revealing what works and what doesn't in the predictable journey of the startup.It covers the answers to all the possible questions of a founder in a startup journey--whether revealing lifesaving principles for the startup's survival path, building A+ teams, creating an evolving machine, setting up a neat culture, or interpreting the true path for the fundraising.All the chapters of the book are packed with real-life examples; from founders who scaled their startups and exited, investors of Airbnb, Coinbase, Deliveroo, Gusto, HubSpot, Instacart, Kayak, Lyft, Opendoor, Robinhood, Slack, Snapchat, Snowflake, Square, Stripe, Twilio, Udemy, to sales, marketing, and product leaders of high-growth startups. This enables you to merge practical knowledge with reality. It can undoubtedly be read cover-to-cover but invites you to open up to any page and digest a quick lesson.

Founder's FAQ

Founder's FAQ PDF

Author: Ilker Koksal

Publisher:

Published: 2021-03-21

Total Pages: 0

ISBN-13: 9781736642832

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Founder's FAQ is an authentic guide for founders by revealing what works and what doesn't in the predictable journey of the startup.It covers the answers to all the possible questions of a founder in a startup journey--whether revealing lifesaving principles for the startup's survival path, building A+ teams, creating an evolving machine, setting up a neat culture, or interpreting the true path for the fundraising.All the chapters of the book are packed with real-life examples; from founders who scaled their startups and exited, investors of Airbnb, Coinbase, Deliveroo, Gusto, HubSpot, Instacart, Kayak, Lyft, Opendoor, Robinhood, Slack, Snapchat, Snowflake, Square, Stripe, Twilio, Udemy, to sales, marketing, and product leaders of high-growth startups. This enables you to merge practical knowledge with reality. It can undoubtedly be read cover-to-cover but invites you to open up to any page and digest a quick lesson.

Founder’s Pocket Guide: Startup Valuation

Founder’s Pocket Guide: Startup Valuation PDF

Author: Stephen R. Poland

Publisher: 1x1 Media

Published: 2014-08-17

Total Pages: 80

ISBN-13: 1938162048

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This updated edition includes several new features, including: · The Startup Valuation Explorer · Expanded coverage of Valuation Methods · Responding to investor questions about your valuation · Understanding option pool impact on your valuation For many early-stage entrepreneurs assigning a pre-money valuation to your startup is one of the more daunting tasks encountered during the fundraising quest. This guide provides a quick reference to all of the key topics around early-stage startup valuation and provides step-by-step examples for several valuation methods. This Founder’s Pocket Guide helps startup founders learn: • What a startup valuation is and when you need to start worrying about it. • Key terms and definitions associated with valuation, such as pre-money, post-money, and dilution. • How investors view the valuation task, and what their expectations are for early-stage companies. • How the valuation fits with your target raise amount and resulting founder equity ownership. • How to do the simple math for calculating valuation percentages. • How to estimate your company valuation using several accepted methods. • What accounting valuation methods are and why they are not well suited for early-stage startups.

Founder’s Pocket Guide: Term Sheets and Preferred Shares

Founder’s Pocket Guide: Term Sheets and Preferred Shares PDF

Author: Stephen R. Poland

Publisher: 1x1 Media

Published: 2014-12-20

Total Pages: 76

ISBN-13: 1938162064

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This easy to follow guide helps startup founders understand the key moving parts of an investment term sheet, and review typical preferred share rights, preferences, and protections. Along the way, we also provide easy-to-follow examples for the most common calculations related to preferred share equity deals. Expanding on these fundraising concepts, this Founder’s Pocket Guide helps startup founders learn: What a term sheet is and how to summarize the most important deal terms for your fundraising and startup building goals. How preferred stock shares differ from common shares, with review of how each key preferred share right and preference is tied to the investor’s shares. Key terms and definitions associated with equity fundraising, such as pre-money valuation, founder dilution, and down round. How to decipher legalese associated with a term sheet deal, such as pro rata, fully diluted, and pari passu. The full list of the most common term sheet clauses, their plain English meaning, and their importance to an early-stage investment deal. Simple math for the key term sheet financial aspects, including calculating fully diluted shares outstanding, investor equity ownership percentages, and the impact of option pools on founder dilution. Example exit scenarios, showing how term sheet deal points impact how exit proceeds get divided among investors and founders.

The Founder's Dilemmas

The Founder's Dilemmas PDF

Author: Noam Wasserman

Publisher: Princeton University Press

Published: 2013-04

Total Pages: 490

ISBN-13: 0691158304

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The Founder's Dilemmas examines how early decisions by entrepreneurs can make or break a startup and its team. Drawing on a decade of research, including quantitative data on almost ten thousand founders as well as inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, Noam Wasserman reveals the common pitfalls founders face and how to avoid them.

Founder’s Pocket Guide: Founder Equity Splits

Founder’s Pocket Guide: Founder Equity Splits PDF

Author: Stephen R. Poland

Publisher: 1x1 Media

Published: 2016-03-21

Total Pages: 75

ISBN-13: 1938162099

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“How do we split up the equity ownership of our startup?” This guide provides a framework and process to help startup founders answer this common question. Equity ownership affects the culture and sense of wellbeing of a startup. Founders typically sacrifice a great deal of other life opportunities to work on a startup effort. In exchange for that sacrifice, a founder wants to feel the ownership equation with any co-founders is fair. In detail, this Founder’s Pocket Guide walks entrepreneurs though the following elements: • Take The Founder Test to make sure everybody deserves founder status • Review the case for splitting your founder equity into equal parts • Use the Equity Split Scorecard as a fair method to allocate more equity to highly skilled cofounders • Solve common equity problems using founder vesting structures • Answer common equity split questions like IP and founder-investors Note that this guide does not go into how to use equity to attract employees or using equity to pay service providers, advisors, development companies, or other contractors. This guide focuses solely on the best practices of deciding the equity ownership split between the founders of a startup venture.

Founder’s Pocket Guide: Cap Tables

Founder’s Pocket Guide: Cap Tables PDF

Author: Stephen R. Poland

Publisher: 1x1 Media

Published: 2015-04-12

Total Pages: 75

ISBN-13: 1938162072

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The goal of this guide is to help you understand the key moving parts of a startup cap table, review typical cap table inputs, and demystify terminology and jargon associated with cap table discussions. Along the way, this highly visual guide provides easy-to-follow examples for the most common calculations related to cap table building. Expanding on these key skills every startup founder should know, this Founder’s Pocket Guide helps you learn how to: • Build your basic cap table step by step, including founder’s shares, option pools, angel investor rounds, and VC rounds. • Decipher cap table specific lingo, such as fully-diluted shares outstanding, preferred shares vs. common shares, Series A, Series B, and so on. • Establish a stock option pool in your cap table and understand the option pool effect on founder dilution. • Understand the simple math behind cap table formulas and calculations, including calculating fully diluted shares outstanding, investor equity ownership percentages, and share price.

Founders at Work

Founders at Work PDF

Author: Jessica Livingston

Publisher: Apress

Published: 2008-11-01

Total Pages: 468

ISBN-13: 143021077X

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Now available in paperback—with a new preface and interview with Jessica Livingston about Y Combinator! Founders at Work: Stories of Startups' Early Days is a collection of interviews with founders of famous technology companies about what happened in the very earliest days. These people are celebrities now. What was it like when they were just a couple friends with an idea? Founders like Steve Wozniak (Apple), Caterina Fake (Flickr), Mitch Kapor (Lotus), Max Levchin (PayPal), and Sabeer Bhatia (Hotmail) tell you in their own words about their surprising and often very funny discoveries as they learned how to build a company. Where did they get the ideas that made them rich? How did they convince investors to back them? What went wrong, and how did they recover? Nearly all technical people have thought of one day starting or working for a startup. For them, this book is the closest you can come to being a fly on the wall at a successful startup, to learn how it's done. But ultimately these interviews are required reading for anyone who wants to understand business, because startups are business reduced to its essence. The reason their founders become rich is that startups do what businesses do—create value—more intensively than almost any other part of the economy. How? What are the secrets that make successful startups so insanely productive? Read this book, and let the founders themselves tell you.

The Founding Fathers Guide to the Constitution

The Founding Fathers Guide to the Constitution PDF

Author: Brion McClanahan

Publisher: Simon and Schuster

Published: 2013-05-20

Total Pages: 262

ISBN-13: 162157072X

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Are liberals right when they cite the “elastic” clauses of the Constitution to justify big government? Or are conservatives right when they cite the Constitution’s explicit limits on federal power? The answer lies in a more basic question: How did the founding generation intend for us to interpret and apply the Constitution? Professor Brion McClanahan, popular author of The Politically Incorrect Guide™ to the Founding Fathers, finds the answers by going directly to the source—to the Founding Fathers themselves, who debated all the relevant issues in their state constitutional conventions. In The Founding Fathers’ Guide to the Constitution, you’ll discover: How the Constitution was designed to protect rather than undermine the rights of States Why Congress, not the executive branch, was meant to be the dominant branch of government—and why the Founders would have argued for impeaching many modern presidents for violating the Constitution Why an expansive central government was the Founders’ biggest fear, and how the Constitution—and the Bill of Rights—was designed to guard against it Why the founding generation would regard most of the current federal budget—including “stimulus packages”—as unconstitutional Why the Founding Fathers would oppose attempts to “reform” the Electoral College Why the Founding Fathers would be horrified at the enormous authority of the Supreme Court, and why the Founders intended Congress, not the Court, to interpret federal law Authoritative, fascinating, and timely, The Founding Fathers’ Guide to the Constitution is the definitive layman’s guide to America’s most important—and often willfully misunderstood—historical document

Founder’s Pocket Guide: Friends and Family Funding

Founder’s Pocket Guide: Friends and Family Funding PDF

Author: Stephen R. Poland

Publisher: 1x1 Media

Published: 2016-08-12

Total Pages: 112

ISBN-13: 1938162110

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Raise startup capital quickly.Raising startup funding from friends and family is the number one resource startup founders engage to get their ventures off the ground. This guide details all of the common friends and family funding structures, including simple loans, profit sharing agreements, equity deals, and convertible notes. Structure deals correctly. Getting the money in the bank is a big step, but doing it the right way matters even more. This book provides easy to follow guidance for choosing and documenting the best funding structures for both your startup and your funding partners. As an added bonus, a promissory loan example is provided, with blow by blow details of each clause. Hone your Friends and Family pitch.Additional sections provide concise information to help you prepare a compelling funding pitch, as well as explaining how to document your estimations of the market and financial feasibility of your early-stage startup. Founder’s Pocket Guide: Friends and Family Fundingguides founders through topics such as: • Structuring a simple startup loan with friends and family lenders. • Using convertible debt to entice friends and family to invest in your startup. • Learning the most important considerations for issuing stock to friends or family members. • Understanding the legal limits of raising startup capital from friends and family. • Keeping early funding rounds clean for later stage investors such as angels and VCs. • Using profit sharing to rewarding friends and family investors for backing your startup.