I love advising early-stage startups. A question I get frequently is “how to formalize bringing a co-founder on board.” I could write a book on the topic, but it’s really much simpler than that. Here’s how you do it in one tweet: @joe I expect this co-founder position to be worth ~30% equity. My goal [...]
Question: I own a valuable dot-com domain, but I’m not a programmer. I think it could sell for a million dollars someday, with the proper traffic. What sould I do? A: The basic idea here is to build a site to take advantage of the great domain name. By going on FairSoftware and listing your [...]
My worst memory of the first startup I co-founded? Writing the final check to the lawyer to close the company. It was in 2000, toward the end of the dot-com bubble. We had done everything by the book to start our company: each of the four co-founders wrote a $1,000 check and our lawyer created [...]
