Tl;dr: We are going to learn what preference shares are and that they are different from what you, the founders and your staff get. I was emailed by a founder who asked the naïve question “Can we just give common shares to investors? Why do we need to give preference shares?” I’m pretty sure a lot of people don’t have …
What is the difference between a founder and the board of directors?
So have you hit series-A? Are investors asking for a board seat and getting you to start thinking about board composition and reporting. Yay! Don’t worry, this isn’t that complicated, though you can, of course, make anything complicated, right? In startup land, things are kept simple since you need to be executing. As you get larger and there is a …
Will investors fund my startup idea?
It is crazy how many times I’ve been asked if “investors will fund my idea.” So I’m writing this blog to save a lot of people a lot of futile energy. I get it, starting a company is hard. It costs money and you probably don’t have the resources. That’s just life. You’re full of beans and enthusiasm, you want …
What does send me the deck mean?
Send me the deck. Share the deck with me. Your potential investors just asked you this. What is the investor talking about? This is super duper simple. Don’t worry, there is no such thing as a dumb question. What is a pitch deck? A deck is short for ‘pitch deck.’ A pitch deck is a PowerPoint or Keynote presentation (Ideally converted …
How does European startup employee ownership share plan compare to the US
TL;DR: Understand how a European share plan compares to that in the United States. Detailed report. As usual, the US is a leader in pretty much all things startup and startup employee ownership is no different. As an employee of a startup, one would think that their shareholding (ESOP) would be the most critical thing they would care about. Let’s …