article thumbnail

Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. who start with small equity percentages don’t end up making very much from startups.

CTO Hire 241
article thumbnail

Be Frugal, But Never Cheap When Locking Down Your IP

InfoChachkie

A version of this article previously appeared in The Wall Street Journal. Provisional filings are especially beneficial for startups because: You gain a year to write a thoughtful, defensible patent without delaying your filing date. Equity Pay - Some attorneys will accept a portion of their initial fees in the form of equity.

IP 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Finding a Technical Cofounder for Your Startup

SoCal CTO

I promised I would write this post with some thoughts and ideas on the topic. Here are a few perspectives on the topic of finding technical cofounders: In Building a sweat equity team , Joel on Software tells us: You simply need to network. Here's an example of that kind of email. Go to user groups. Refine your elevator pitch.

CTO Hire 211
article thumbnail

Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

According to a January 2012 Forbes article, nearly 16% of the 400 most affluent Americans do not have a college degree. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles! HIGHEST DEGREE OBTAINED BY AMERICA'S 400 RICHEST PEOPLE Source: Forbes Magazine, Jan 2012.

Tips 279
article thumbnail

7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

Hopefully this article and the accompanying six-minute video will help you avoid learning these mission-critical lessons the hard way. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles! Your commitments to investors must be significant enough to compel them to write you a check.

article thumbnail

Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

However, it is my hope that this article will help you avoid learning the following lessons the hard way. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles! 5) Allow Partners To Write Your Agreements. Thus, I will let my Big Dumb Company (BDC) partner write our agreement.

Startup 242
article thumbnail

Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

If you know, VCs end up writing sizable checks into their own funds, which is important in better aligning interests. Therefore of course they need to be more selection when writing checks and can’t spread their bets across 75 deals. million round I might write $1.8 – 2.2 I haven’t proof read this article.