Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Founder's dilemmas 15.05.13

548 views

Published on

Published in: Economy & Finance, Technology
  • Be the first to comment

  • Be the first to like this

Founder's dilemmas 15.05.13

  1. 1. Founder’s DilemmasReasons for failure:• Functional failures – 35 %• Product/market fit-type issues• Team issues – 65 %
  2. 2. • Motivation: Rich vs King• Dare dealing with the tough issues up front – the 3 Rs– Co-founders: Friends & family? Past co-workers? Aquaintances?– Equity splits: should it be equal?– Who is in charge?
  3. 3. • 73 % split equity w/in first month– 1/n split much more likelyZipCar / Ockham TechnologiesWhy not wait a while, see who contributes?Contingency clauses?
  4. 4. • Hires: stage of development• Fire quickly if wrong hire• Investors: rich vs king
  5. 5. • Podcast with Noam Wasserman:– Entrepreneurial Thought Leaders series, 31.10.12

×