Startups Wednesday Social Club - Share What Events You Are Attending This Coming Week |
- Wednesday Social Club - Share What Events You Are Attending This Coming Week
- How Much Equity Should I Give to my Employees?
- Lunch the idea before the startup
- What's the difference between stock options and equity?
- Will a gambling license be needed?
- Is my startup idea B2B or B2C?
- Lost and confused!
- Are these good terms? It doesn't feel right
- Ownership Interesest in Partnership LLC
| Wednesday Social Club - Share What Events You Are Attending This Coming Week Posted: 02 Oct 2019 06:06 AM PDT Welcome to this week's Social Club thread.Share what events and meetups you are going to so we can discover new ways to be social together offline and help grow your local community. Focus on sharing events that are happening within the next 7 days of this date of this submission. Anything that falls outside of 10 days will be removed, no exceptions. No duplicate posts. If you happen to be attending an event that is already posted, leave a comment to inform the community that you will also be there. If you are hoping to organize something on your own, outside of an existing event, feel free to use this thread to rally some people together to meet up. Please use the following format to share an event: Event Name and URL: Location: Event Date: Event Time: Event Description: Event Cost: Discount Code: [if applicable] Please use the following format to organize people to meet up together: Location: Purpose of getting together: Suggested Places to meet up: You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| How Much Equity Should I Give to my Employees? Posted: 02 Oct 2019 09:59 AM PDT Hello everyone. I founded a hardware startup which has been steadily growing. I believe the time has come to include some key employees into the company's equity pool, most notably my COO, who joined in the first year and who has been doing a great job. Is there a general rule of thumb of how much equity I should consider? Thanks for your feedback. [link] [comments]  |
| Lunch the idea before the startup Posted: 03 Oct 2019 04:48 AM PDT Hello there, I have an idea of a B2C business and before to start to develop the app and contact the suppliers(which are thanks [link] [comments]  |
| What's the difference between stock options and equity? Posted: 02 Oct 2019 12:56 PM PDT Any difference? I made another post yesterday about getting a job at a startup and the offer is a basic salary offer with "x" number of starting stock options. What does that mean exactly? Any different than equity? Am I better served asking for equity or does it not make a difference? I haven't taken the offer yet. [link] [comments]  |
| Will a gambling license be needed? Posted: 02 Oct 2019 07:53 PM PDT Hi all, Quick question, for anyone that has an app or service that involves gambling. I have a concept for a peer to peer mobile betting app. So here was my stumping question, if, a) the users are making the odds/wagers against each other, not the company/app b) the company does not offer any bets or make any odds c) and, if the company doesn't make any money off the wagers between users, would the company still need to have a gaming /gambling license to host the app and operate? If so, would it need one for every state the services of the app are offered? (i.e. all of the states with current legal sports betting) [link] [comments]  |
| Is my startup idea B2B or B2C? Posted: 02 Oct 2019 03:43 PM PDT I think the commerce model is similar to that of Facebook, Yelp, Instagram, and basically all "social platforms" to where the REVENUE comes purely from BUSINESSES, however the VALUE of that revenue comes from satisfying CONSUMER demands. That is, Facebook at its core a consumer platform that sells consumer data to advertisers, and without satisfying consumer needs, no consumer would use it, and therefore advertisers wouldn't buy the data. Is this B2B or B2C? In any case, is it more important to build the perfect business model for businesses OR more important to build the best product consumers would use? Example: Facebook being THE BEST social media platform for users but the data collected sucks for advertisers OR Facebook being THE BEST platform for advertisers but consumers hate it now. [link] [comments]  |
| Posted: 02 Oct 2019 02:18 PM PDT Hey ya'll! It's been a while since I visited this forum. About two years, I decided to quit my job (developer at FAANG) and start my own company. I was too confident in myself - thinking that I could do anything because I work hard. First mistake. I found a few partners. But I couldn't build a partnership. I tried inviting my friends to join me. But the incentives weren't there. I went to a few events and gathered around like-minded folks which was a little helpful. I started realizing that I have to work a lot in order to build credibility in the space that I was in (blockchain). It turned out that I needed to work a LOOOT. Soon, I had nooo idea what to do. Every step taken forward turned out to be a mistake. Setback after setback. I went back to employment. First as a contractor and the employer didn't want to renew my contract. Second as an employee at a struggling startup and got laid off (along with 10 other employees). Now my career is in ruins. I interviewed at almost all FAANG companies and was rejected. Even the mid-sized startups didn't hire me (I am in the Bay area). I am really struggling to keep myself afloat. My family thinks I am an idiot. I borrowed money when they were making big life changes. I suffered from panic attack recently. I got a job with a significant pay cut to give myself a break. But I feel like the clock is against me. Also, I am almost 30 now and totally broke. I feel like my only option is to get back to building my business. I have learnt a lot. But as one person I don't know where to start. I am active on Twitter and Medium. Trying to build a base from there. What would you do? [link] [comments]  |
| Are these good terms? It doesn't feel right Posted: 02 Oct 2019 02:05 PM PDT For access to a startup program Company will issue to shares of its Common stock or Common units representing 3% of the fully-diluted ownership (including all options and warrants, and all options available for future grant under the company's stock plans) at the time the agreement is signed. Will receive a one-time right to invest up to $250,000 in the Company's next institutional funding round of Preferred equity in which the total amount of funding is at least $2 million. Will have 10 business days in which to exercise this investment right. ANTI-DILUTION RIGHTS: If the Company has greater than $250,00 in obligations from existing convertible securities (ie - convertible note or SAFE) at the time of issuing equity, we will be granted additional true-up equity via Warrant when those convertible securities convert to equity in the future, so as to offset the dilutive effect. We will be diluted by all funding activities (via convertible securities or equity financings) after the equity grant is completed. We will not be diluted by equity (ie - Warrants or Common Stock/Units) newly issued after the equity grant is completed and outside of an equity round of funding. A true-up of the stock option pool performed in conjunction with an equity round of funding will dilute us. These anti-dilution rights expire when the Company raises $250,000 in Preferred equity funding or 2 years pass, whichever occurs first. Is entitled to receive a copy of status updates and reports provided to the Company's major stakeholders. If the Company grants future stockholders rights to obtain financials, business summaries and/or budgets or similar information rights, we shall be entitled to the same rights. The Company will respond to a bi-annual portfolio survey focused on key financial and operational metrics and for the purpose of portfolio performance analysis. [link] [comments]  |
| Ownership Interesest in Partnership LLC Posted: 02 Oct 2019 12:33 PM PDT Hello, I am looking at adding someone as a partner to my single-member LLC. I was wondering for designating ownership interest, other than registering the member with the state, is there any other place other than the operating agreement where this should be recorded to be official? I also just wanted to clarify on what this ownership interest entails; does this mean they will be responsible for losses too? Thank You! [link] [comments]  |
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