Sunday, March 7, 2010

Start-up starter tips!

1. Twinning to start up: you do not interview with your other founders, you work with them.
2. Negotiation: risk averse people do not deserve negotiation. forget them.
3. Stay together: down the path, founder equity allocation should stay competitive.
4. Team building: who do you know? how fast and well can you recruit? you worked with them? can you find people work for you from the start to the end?
5. Manage ups and downs: you cannot be sensitive, you have to be ultra-professional along the way.
6. Levers for downs: more cash means more chances to make mistakes.

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