Until very recently Angel investors and VCs were extremely bearish on companies with international tech teams, and teams that didn’t work in the same room. That view is changing. The view is changing because it has to. Hiring a local
Hire on Vision
As the CEO of a pre-revenue, low-budget, totally bootstrapped company working out of a shared workspace, one might think it would be hard to hire. There is no way I can compete with the vast majority of funded or profitable
Who Gets What?
Figuring out who gets how much equity among partners in a new startup is a real challenge. How do we assign equity if some founders are investing cash, while others are just putting in sweat equity, and others still might
Designers First
When developing an online application for businesses (rather than consumers), it’s more important to design an application’s interface than it is to actually build the application. You’ll therefore need designers before developers, even if you happen to be the developer.
Sharing Equity
As an entrepreneur, understanding the basics about how to divide up equity among parterns and investors is vitally important. Salman Khan at the Khan Academy provides this wonderfully clear video on the impact of outside investment on your shares. Giving