Category

On startups - option packages, vesting, triggers, acceleration, and taxes

I’ve had a bunch of questions of late on option packages. Here is what I know on the subject from my direct experience, talking to other experienced entrepreneurs, lawyers, and picking Joe Kraus’ brain. Thanks to Ken Norton and Dave Hodson for their feedback on early versions of this post.
The Basics
While some public companies are [...]

On startups: the natural behaviors of startup funding

Natural behaviors (n) - behaviors that would most likely occur given no interfering effort.
It seems like there has been a lot of recent discussion on the “right way” to fund a startup. The “current right way” seems to be bootstrap, with a healthy dose of venture capitalists vilification. By bootstrap I mean funding yourself based [...]