Startups Peer Support and Self Management Saturday’s - A Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant |
- Peer Support and Self Management Saturday’s - A Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant
- How do you handle equity when leaving a partnership?
- Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small!
- Terrible SEO on really important key phrases
- Advice needed: I'm a new employee at a start-up and want to pitch a new business plan to the founders
- Beta testers needed. How do you find them?
- Is it possible to give initial users of a peer to peer app platform micro percentage ownership in exchange for signing up?
- Should I take this Interest Free Credit & Sweat Equity Deal?
- Exercising stock options before or after new funding round
| Posted: 25 Jan 2020 05:05 AM PST Welcome to this week's Peer Support and Self Management Thread. This is a Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant. The goal for this thread is to help one another manage mental and physical health so we can more easily find success. We all struggle sometimes and it is important to recognize that the struggle is part of the journey. The important thing is to learn how to overcome that adversity to grow and succeed. Be tactful and classy in how you vent your feelings and share your frustrations. Act in a mature manner. Ask questions, share experiences, and be there for one another. Practice empathy in giving advice and remember that what worked for you isn't guaranteed to work for others. Make suggestions, not demands of others. #Because this is meant to be a safe place to support emotional and physical health there is a zero tolerance policy in effect. Be KIND. Be sure to report any conduct that is in violation of that key tenet. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| How do you handle equity when leaving a partnership? Posted: 25 Jan 2020 12:08 PM PST I am a developer and two years ago my buddy came to me with this idea for a product and we started working on it. It was a web / mobile app that I spent a lot of time on. We released and promoted it but we just never really got the type of traction we thought we would. Again it's been about two years now and things just haven't worked out. My buddy wants to keep trying, but idk I think I'm just done with it - this is a side project and I started a new job that keeps me really busy and I feel like I can spend my other time doing other freelance projects or learning some new technologies and whatever else. This project just doesn't seem worth the time commitment to me anymore. The problem is I don't really know what would make sense in terms of me transitioning out if he wants to keep it going without me. We drew up agreements in the beginning where we split 50/50 and all of that is fully vested at this point. I have spent both thousands of hours and thousands of dollars getting this thing started so I'm really just not willing to just forfeit all of my equity. I would be willing to give up some (for free) and just make it so like I'm considered like an 'investor' type. In the situation my partner does turn it around and it goes well I would think that the time and money I already put In would basically be considered an investment in his company. Part of me thinks that's really selfish of me considering I wouldn't be working on it anymore but the other part thinks that's fair considering the work / money I did put in these last 2 years. So I'm just curious what you guys think. If I'm being unreasonable please tell me and I will accept that judgement. My goal is really just to do whatever is fair to both people involved. Does anyone have experience with this? Appreciate any advice [link] [comments]  |
| Posted: 25 Jan 2020 05:06 AM PST Welcome to this week's Sunday's Success Stories Thread. A lot of us get way too hung up on the destination and the fact that we are not there yet. It is important to take a moment to reflect on a great quote from Agents of S.H.I.E.L.D., "The steps you take don't need to be big, they just need to take you in the right direction"- Jemma Simmons This is extremely relevant to all of us in this community. We should all be more aware of the successes we achieve every day that carry us closer to our goals. Celebrating these successes, no matter how small they are, allow us to stay motivated, focused, and happy while we struggle to achieve dreams of various sizes. The purpose of this thread is to share our successes from the week with one another and have something to celebrate together. So, let us know what successes you have achieved this week! Nothing is too small or insignificant! #Because this is meant to be a safe place to support emotional and physical health there is a zero tolerance policy in effect. Be KIND. Be sure to report any conduct that is in violation of that key tenet. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Terrible SEO on really important key phrases Posted: 25 Jan 2020 11:04 AM PST I have a startup that does niche software for oil and gas industry. We have gotten our first handful of customers all by professional contacts of mine and have mainly been marketing via LinkedIn and cold calls/emails and office visits. We have been so focused on product that we haven't focused much on SEO, and as a result we don't rank well for key words like <our niche> software... we do okay on thi gs like <our niche> tutorial or guides because we do publish a lot of help articles and videos... We are so bad at SEO we aren't in first 100 results on Google. We just this week submitted site maps and just today started adding custom meta descriptions etc. Any advice on how to get up the rankings would really be appreciated... [link] [comments]  |
| Posted: 25 Jan 2020 12:10 PM PST I started a new role a few weeks ago at a startup that has successfully launched a few products and has a few more in the pipeline. Although my role is on the marketing side and doesn't include equity until at least several months in, I want to pitch a well thought out business plan for a product I've had in mind and have been researching for over 10 years. I casually asked one of the founders if I can pitch an idea and they seemed very interested, but I would like a couple of weeks to allow myself to do it right. I have never done something like this before so I would love to heard advice from you guys. If you can guide me towards where I can find more info/any recommendations at all, I would be very grateful! Some of my questions include:
Any help would be appreciated :) [link] [comments]  |
| Beta testers needed. How do you find them? Posted: 25 Jan 2020 07:12 AM PST Hello everyone. We have started an EAP and would like to get some criticism on what we've done so far. We blew our backlog and do think that we might focus on something nobody really cares about. So we need some adjustments and advises from the outside to prioritize our work for the next months to come. How do you find beta testers? What non-monetary perks do you provide in exchange? I'd be willing to provide feedback on your products if they're it's a software (and especially SaaS). Thanks [link] [comments]  |
| Posted: 25 Jan 2020 09:39 AM PST Hello, I am trying to flesh out a Product launch strategy for a platform service that I have. Reading up on Uber and how they initially gathered drivers first(they paid an hourly rate), my idea is for users to get possibly 0.001 % ownership of my platform as an early incentive. Is this possible? [link] [comments]  |
| Should I take this Interest Free Credit & Sweat Equity Deal? Posted: 25 Jan 2020 07:11 AM PST Hey guys! Looking for a little advice. So we had a term sheet signed for a seed round meant to accelerate the growth of our engineering team but trivial matters delayed first closing deal and then signing legals. In the 6 months since starting the raise (of which we hoped to close in 6 weeks), our client contracts came through and our cash position improved to the point that we can easily self fund the growth with a healthy safety net. The original deal had a 1.5% sweat equity component for the principal angel investor for weekly strategy input. Our principal investor on the round was disappointed that we turned down the equity deal, but in turn offered a $100k line of 60 day interest free credit if we keep the sweat equity portion alive. He'll still sit on our advisory board and provide strategy input as agreed on the sweat equity portion. I don't know too much about credit and debt, but I do know that we would have a difficult time getting that much credit from a bank at this point. Is there anything I should know? Anything I should look out for in the terms? Think about? [link] [comments]  |
| Exercising stock options before or after new funding round Posted: 25 Jan 2020 06:01 AM PST Hi all, I work in a post-Series A startup, my stock options have started to vest, and I would like to exercise them and hold the shares. Financially it's a small amount for me, and I believe in this company. I have two main questions:
For some extra context:
Any comments will be greatly appreciated! [link] [comments]  |
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