Berkonomics

MAY 23, 2024

Give one percent equity to each outside board member vesting over two to four years of service. Many early-stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Here is my best advice, based upon many boards and many years. Pay early-stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over two to four years of service.

Venture Capital 156

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Tech.Co

MAY 16, 2024

In recent years, Black-owned businesses have grown at the fastest pace in 30 years. However, despite growing optimism, the path to success for Black entrepreneurs is still paved with systematic barriers in 2024. In addition to the regular pressures of running a business in this climate, Black business owners have to contend with discriminatory lending practices from banking institutions and racial prejudices from buyers – with a recent report revealing that 76% of Black business owners cla

Design 222

Design Commerce Entrepreneur News 222

Startup San Diego

MAY 21, 2024

We’re coming close to our 1st Mondays of Summer powered by JP Morgan Startup Banking and UCSD Design and Innovation, happening June 24th, 6:00 PM – 8:00 PM. If you’re […] The post Announcing Panelist for June 1st Mondays of Summer – Expert Panel & Networking appeared first on Startup San Diego.

UCSD 67

UCSD Networking San Diego Design 67

Berkonomics

MAY 16, 2024

First, keep your manager or board informed regularly. Most all leaders new to their position underestimate this time requirement. It is good for the company when you share concerns, threats and opportunities with your superiors or your board. The rule of “no surprises” works well for your longevity. But there are always surprises. The rule is: communicate with individuals or a committee of the whole as soon as possible when important issues or threats to the corporation arise.

Statistics 156

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Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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