Berkonomics

JUNE 12, 2014

We should think of the creation and growth of a high valued company as the sum of three parts, with three distinct classes of participants helping to make real value out of a raw start-up. Email readers, continue here.] First, there is the entrepreneur , the visionary, and force behind the venture from start to finish.

Startup 214

Startup Equity Invest Class 214

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. Professional angels, often organized into groups, usually invest from $100,000 to $1 million in a young enterprise.

Venture Capital 266

Venture Capital Class Invest Equity 266

Berkonomics

JULY 26, 2010

I am chairman of the Technology Division of the ABL Organization, a roundtable organization with multiple CEO roundtables of about twelve members each, meeting monthly. Email readers continue here.] 15% might be spent networking with those in the CEO’s relationship circle, including the roundtable organizations.

Class 120

Class Organization Customer Custom 120

Berkonomics

JULY 19, 2011

Even with the usual discount of 10%, the margins on hardware were high, especially when applied to prices that exceeded $30,000 per sale. . In the early eighties, IBM helped the PC become a tool of the office, and the product crossed over from use by early adopters to the mass market. Email readers, continue here.]

Pricing 184

Pricing Networking IBM IBM 184

Berkonomics

NOVEMBER 23, 2023

Some rules about stock options and phantom stock: [Email readers, continue here…] The real insight here is that stock options or phantom stock are the tools of early-stage businesses used to attract great talent when there is not enough cash to pay market rates. How about multiple classes of stock?

Equity 156

Equity Class Pricing Sales 156

Berkonomics

DECEMBER 17, 2020

Here is a class of investor we’ve covered before, one usually focused upon you and less upon your business case. There are other classes of equity investors for small or early stage businesses that we have not yet considered. Often grouped into formal organizations, these investors are sophisticated, helpful, and connected.

Equity 156

Equity Technical Review Class Organization 156

Berkonomics

APRIL 15, 2021

Days before the official start date, she made sure that the new employee’s business cards arrived in the mail, that the employee’s phone and Internet services were up and running, and that an email account was already established. Email readers, continue here…] It started me thinking. first appeared on BERKONOMICS.

Startup 156

Startup Email Class Examples 156

Berkonomics

SEPTEMBER 28, 2017

And then there are options: [Email readers, continue here…] Stock options or phantom stock are the tools of early stage businesses used to attract great talent when there is not enough cash to pay market rates. Let me try to advance a few rules of thumb to help guide you here.

Equity 256

Equity Class Pricing Sales 256

Berkonomics

APRIL 3, 2014

There are three classes of equity investors for early stage businesses that we have not yet considered. Often grouped into formal organizations, these investors are sophisticated, helpful, and connected. First, angel investment groups come in all sizes from a few organized angels to large groups of three hundred or more.

Equity 232

Equity Startup Organization Invest 232

Berkonomics

NOVEMBER 13, 2014

Email readers, continue here.] Each board member is legally tasked with two duties: the duty of care, and the duty of loyalty: care for the living entity that is the corporation itself, and loyalty not to the board member’s constituency, but to the corporation itself. the board member personally or his or her co-investors.

Resource 222

Resource Acquisition Class Help 222

Berkonomics

MAY 12, 2010

Let me try to advance a few rules of thumb to help guide you here. Email readers continue here.] It there is only one class of stock, the same as the founders, and the appraisal of the single class of shares yields, say $2.00 An option plan should carve out an addition of about 15% of the “fully diluted” shares.

Equity 213

Equity Class Pricing Startup 213

Both Sides of the Table

MAY 7, 2011

Background: Joel Spolsky studied Computer Science at Yale University (class of 1991). It helps with sales cycles because customers know that they can switch away if they so choose. Juno provided a free email service. Juno used your modem to to download and send email, and it was paid for by placing ads in the email client.

Software Review 285

Software Review Software Blogging Startup 285