Building a Startup Team
What does an early stage startup team look like? How do you recruit and compensate a team? This is the first in a series of videos on the startup team. I'll cover a lot of common questions - but please leave your questions about the startup team so I can address those as well!
Things I will cover in this series:
Cofounders - do you need them?
How do you recruit cofounders?
How do you compensate cofounders?
What is founders stock, how much do you get, and how does it work?
What is a Board of Advisors? How do you create, compensate, and manage a Board of advisors?
Likewise a Board of Directors: What is it? When do you need one? Who should be on it? How does it work? And how are they compensated?
And as you a build your team, and you're revealing information, how do you protect the company's intellectual property?
And as you use equity compensation, how do you protect your stock with some type of founder stock vesting or stock option vesting so that if a cofounder, employee or Board member isn't working out, they don't leave with a large amount of ownership in the company, when they are not going to contribute to building the company's value?
When you start using stock options, how do. you determine the stock option price, and what part does a 409A valuation report play?
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