Putting value on the roles of company partners can get personal. One of the toughest challenges for founders of a young company is deciding how to split the equity among the founders and early hires, says venture capitalist Peter Ziebelman. This is especially complex when cofounders are inexperienced or have a friendship as well as business partnership. Putting value on
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Many would-be entrepreneurs aim to bring the next great idea to the market, but those dreams rarely come to fruition without the know-how to navigate the entrepreneurial system. As a former venture capitalist, Warren Packard, now founder and CEO of Thuuz Sports, knows this firsthand. He and his startup team formulated a very intentional strategy to test their idea, acquire
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Prime UC Invites UC Startups to Compete for Chance at $300,000 in Award Money Applications are due by September 25, 2015 Startup companies from the University of California are invited to compete for a total of $300,000 in award money during the first Prime UC competition, part of President Janet Napolitano’s Innovation and Entrepreneurship Initiative. In what is hoped will
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It is not easy to be the boss if you have never been one, and the mistakes you make early on can come back to haunt you. In fact, the first-time entrepreneur faces perhaps no challenge greater than learning how to be the boss. But there is more. Conducting an internal self-assessment is the hardest thing for entrepreneurs to do,
Read moreYou had identified a solid problem in your industry space. Now it is time to turn your focus on creating the perfect solution. In his book, A Good Hard Kick in the Ass: Basic Training for Entrepreneurs, Rob Adams argues that you never really know your customers as well as you think you do because, “All you have is a
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