class-readers 
Berkonomics
MAY 23, 2024
Give one percent equity to each outside board member vesting over two to four years of service. 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. How do you set the option price?
Berkonomics
AUGUST 3, 2023
Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds. Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Berkonomics
JANUARY 7, 2021
How many of them, particularly in technology, were able to start a company, supply all the funding, and share no management tasks or equity with others, and still grow the company to any significant size, worthy of a multi-million-dollar opportunity to cash out at exit? Dividing equity among those that fill the management gap.
Berkonomics
JANUARY 6, 2022
Especially when outside investors, venture capitalists or angels have put in substantial money, and the sales price is not enough to give them a reasonable return for the time and money invested, these investors can be – in a word – greedy. No-one complains if the sales price is ten times the investment since there is plenty to go around.
Berkonomics
JUNE 17, 2011
Most businesses fall into the class of those that can be sold someday to a willing buyer. Email readers continue here.] Investments into the company, whether from new money or reinvesting profits, should be directed first into areas that will increase the value of the enterprise at the end game. And I’d go further.
Berkonomics
JUNE 8, 2017
Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing.
Berkonomics
JUNE 12, 2014
It is rare when one person starts a company, supplies all the funding, and shares no management tasks or equity with others, and still grows the company to any significant size, worthy of a multi-million dollar opportunity to cash out at exit. Email readers, continue here.]
Expert insights. Personalized for you.
156 
Let's personalize your content