Welcome to Phase Two of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - Part 1 - How Startup Equity Works
Part 2 - Startup Stock Options
Part 3 - Startup Stock Vesting ( ←YOU ARE HERE 😀)
Part 4 - Startup Stock Valuation
Phase Three - How to Split Equity
Phase Four - Equity Management
Let's continue!
Vesting is a way to allow members to "earn" their stock over some period of time or per specific milestones. A common "4-year vesting schedule" means that a member of the company will earn 25% of their stock or...
Welcome to Phase Two of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - Part 1 - How Startup Equity Works
Part 2 - Startup Stock Options ( ←YOU ARE HERE 😀)
Part 3 -Startup Stock Vesting
Part 4 -Startup Stock Valuation
Phase Three - How to Split Equity
Phase Four - Equity Management
Let's continue!
Startup stock options provide the holder the option to buy a company's stock at a later date, typically during a "liquidity event" where the company is sold or goes public. Early-stage startups use a stock option agreement ...
Welcome to Phase Two of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - Part 1 - How Startup Equity Works ( ←YOU ARE HERE 😀)
Part 2 - Startup Stock Options
Part 3 -Startup Stock Vesting
Phase Three - How to Split Equity
Phase Four - Equity Management
Let's continue!
Startup companies have been wrestling with how to structure stock ownership forever. As private companies we have major decisions to make, from raising venture capital to awarding key employees with equity to just splitting equity among co-founders — we need a...
Welcome to Phase Three of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - How Startup Equity Works
Phase Three - Part 1 - How to Split Equity
Part 2 - Splitting Equity Today
Part 3 - Splitting Equity in the Future ( ←YOU ARE HERE 😀)
Phase Four - Equity Management
Let's continue!
Founder equity splits rarely turn out to be what we hoped they would be after Year 1. The co-founders at startup companies start off with the best intentions, but as the business ve...
If I hadn't been a Founder, I'd be an awful parent.
Now, I'm already giving myself too much credit here because it's assuming I'm not an awful parent, which let's be honest, many of us just might be. But I've definitely come to appreciate over the years raising my 5-year-old son and 10-year-old daughter how my best parenting traits are directly mapped back to what I've learned as a Founder.
Surprisingly, it really has little to do with "building a startup" and more to do with how I've come to think like a Founder.
The day my son Wil was born, I wrote him a long letter. In it, I gave him all of the advice I had in me about preparing him for the world. The one piece that's always resonated the most was "Question every...
Welcome to Phase Three of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - How Startup Equity Works
Phase Three - Part 1 - How to Split Equity ( ←YOU ARE HERE 😀)
Part 2 - Splitting Equity Today
Part 3 - Splitting Equity in the Future
Phase Four - Equity Management
Let's continue!
By default, most startup founders just split their equity once and live with it. They may decide on an equal split or they may devise some reasons why the split favors one partner more tha...
Welcome to Phase Three of a four-part Splitting Equity Series. If you missed it, start your journey here: Introduction - Early Startup Equity — Getting it Right before continuing on if you haven’t already, and go in order from there.
Phase One - Startup Equity - Avoiding Early Mistakes
Phase Two - How Startup Equity Works
Phase Three - Part 1 - How to Split Equity
Part 2 - Splitting Equity Today ( ←YOU ARE HERE 😀)
Part 3 - Splitting Equity in the Future
Phase Four - Equity Management
Let's continue!
Startup founders have been trying to figure out a fair equity split for the founding team since the dawn of time. Sadly, dividing equity between each co-founder tends to be one of the big...
Continuing in Phase Three of a four-part Funding Series:
Phase One - Structuring a Fundraise
Phase Two - Investor Selection
Phase Three - The Pitch
Part 1 - Anatomy of a Pitch
Part 2 - Market Size
Part 3 - Revenue Model
Part 4 - Operating Model
Part 5 - Customer Definition
Part 6 - Customer Acquisition (←YOU ARE HERE 😀)
Part 7 - Funding
Part 8 - Key Pitch Assets
Part 9 - Traction
Phase Four - Investor Outreach
Let’s dive in!
Our Customer Acquisition Slide in our pitch deck details our acquisition strategy for new customers. For many startups, defining a marketing growth strategy will be inherently linked to our customer acquisition cost for new customers and the key metrics in how we convert them.
Running a startup is a ton of work as a solo Founder, so much so that many Founders find themselves at a loss trying to get everything done. For those that are non-technical, this proves to be a challenge, as coding is essential in this day and age, so bringing on a technical co-founder is a must. This is also true for technical Founders missing the mark on the creative front, so it's no surprise that one of the most searched terms on the internet is "finding a cofounder."
It seems like it should be easy — find a co-founder (or more) that aligns with your startup idea, mission, and has the complementary skills to do all the things you don't know how to — but it's not that simple. Finding the right co-founder is a complex combination of ...
Continuing in Phase Three of a four-part Funding Series:
Phase One - Structuring a Fundraise
Phase Two - Investor Selection
Phase Three - The Pitch
Part 1 - Anatomy of a Pitch
Part 2 - Market Size
Part 3 - Revenue Model
Part 4 - Operating Model
Part 5 - Customer Definition
Part 6 - Customer Acquisition
Part 7 - Funding
Part 8 - Key Pitch Assets
Part 9 - Traction ( ←YOU ARE HERE 😀)
Phase Four - Investor Outreach
Let’s dive in!
Startup Traction is your opportunity to tell investors how far you've taken the business up until this point. Just having a great idea is wonderful, but generating traction is what truly differentiates you from the pack. Especially in the early days, the only thing better than trac...