Viewing profile — csentropy

It's early, but lifestyle companies are <10% of our applicants. Mostly clustered around series A/post seed.

Agree. Founders contribute a percentage of the equity they would fully own, if fully vested to the pool, not a fixed percentage of the equity of the company.

Good analogy.

Fair point. That dates back to the panic period weeks ago when people were refreshing the "RIP" good times" deck from sequoia, putting their name on it and sending it off to their …

You will be surprised at the spectrum of companies that are interested in doing pooling, as were we.

If they want to take it upon themselves, they should. Having said that, there is a reason coop pools like insurance are managed by third parties.

Maybe, just may be a realistic assessment of the chances of success is an under appreciated entrepreneurial trait. Maybe this trait can co-exist independently with the ability to f…

Cool reference. Thank you!

Entrepreneurs free riding on the VC model is the opposite of what really happens: VCs free ride on founder risk. We see VCs themselves encourage founders to take money off the tabl…

Hard transfer ban clauses are rare, usually they are ROFRs. Some boards may push back, but they do see the benefit of the founder having an aligned support network and we believe m…

Great questions, it will be on our FAQ page

I've heard that some YC founders approached them about it, but the management of this structure may be more work that distracts YC from it's focus. We hope every accelerator and VC…

All valid questions. We are adding more information about the company, the people and the business model of Founderpool. Founderpool does take a share of the pool of equity as plat…

Exactly the response I wish every founder has ready, when they hear this line of objection from their VC.

Because of the condition for participation in the pool is that your stock should continue to vest, for the membership shares in the pool to continue to vest.

Exactly correct

Founderpool is based on peer selection. The belief is people are better able to pick companies in their vertical better. But it is true that larger pool across sectors is more dive…

I LOVE hearing stories like yours, and they inspire us everytime. You hit the nail on the head. The sad fact is that as an entrepreneur grows and matures, his risk tolerance goes d…

I believe founder institute does as well, but in their case they divide uo the pool into 4 parts, 3 of which go to FI, they local chapter, mentors and one back to founders if I rem…

We decided it is of interest to the founders in the audience and not necessarily as a show HN (which is in our mind a tool specific people like to play with) Only three people are …

Founderpool are not affiliated with YC in any way. I am not sure who suggested that. I am part of the founderpool team.

Priced round is for indexing the value of stock being assigned to the pool. If the founder has liquidity, before joining the pool, he would be joining the pool right? Or did I misu…

It does. In a verticalized approach, if you pick the right sector (biotech for ex) and other founders see the value in your work, you can get rewarded even if your company fails fo…

That is a great point. We spent a lot of time thinking about the adverse selection issue.We narrowed in on Peer selection with stable matching, which seems to mitigate this issue. …

Thank you. One more risk founders and entrepreneurs need to brace for : Regime uncertainty. Political uncertainty added to market risk, macro, pandemics, on and on...