Venture Hacks

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Entries Tagged as 'Equity'

I have a job offer at a startup, am I getting a good deal? Part 1.

July 16th, 2008 · 18 Comments

We’ve been answering this question a lot lately:
“I have a job offer at a startup, am I getting a good deal?”
This isn’t a comprehensive answer—just some questions we would ask if we had an offer.
If you don’t understand your offer, get a lawyer. But—right or wrong—most people don’t hire lawyers to review their offer letter.
Table [...]

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Learn more about: Compensation · Employees · Equity · Hiring · Resources

Everything you ever wanted to know about advisors: Part 2.

February 27th, 2008 · 4 Comments

Here are more frequently asked questions about advisors. See Part 1 for the rest. If you have more questions, email us at ask@venturehacks.com.
Frequently Asked Questions
General (from Part 1)

What do advisors do?
Should I put together a board of advisors?
How do I get good advice?
How do I apply advice?
How do I find advisors?
How can I tell if [...]

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Learn more about: Advisors · Angels · Equity · Termination

Should I give my lawyers equity?

December 30th, 2007 · 1 Comment

Summary: When lawyers defer their legal fees, they expect equity for the risk of not getting paid. If their risk is low or they’re not deferring fees, you can say no. In any case, offer them the right to invest $25K-$50K in your financing instead of giving them free equity.
A reader asks:
“I wonder if I [...]

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Learn more about: Equity · Hacks · Lawyers