Viewing profile — trytozoom

I understand the perspective, but from my view that sounds like the person wants to take zero risk. Essentially, they don't believe in the idea enough to believe that the stock is …

Answered elsewhere but 1.) unsure about implications on corporate governance at this stage of the company. 2.) I didn't think very much about this initially and thought 15% would b…

Thanks for engaging, this is really quite helpful and as you imply it's a kind of cancer on the ecosystem right now. On the chunk of equity, I had a cofounder walk away early so I'…

I've actually talked to our lawyers and investors about some of these. 1.) More than 3 months expiration gets tricky legally and I'm not sure it's actually fair. At that point I'm …

I do not, the investors do. I sit in the same shoes as the employees and intend to keep it that way. It's entirely possible for our investors to recover their money, and for me and…

I appreciate the feedback, it's useful to hear this. I'd be willing to boost the options pool, but I'm not sure I'd be willing to do so right now for a few reasons. 1.) I don't tru…

In contracts that our lawyers gave us (and that we use) the state whose law will govern the contract is specified. It's always Delaware. The corporate charter, and the bylaws of th…

Good point. I hope I get the opportunity to test this hypothesis, but right now I can't imagine that mattering to me. I've made decisions recently where my thought process literall…

I've seen a ton of this on HN for the past couple of years, "Go work for FAANG, startups are worthless." As someone who has started a company, gotten it funded, and would like to h…

I'm exploring starting a company (based in California) and have fortunately gotten some strong interest from an initial funder. The company would be in a sector where securing fund…