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What’s the best way to find a CTO for my startup?

Naomi Kokubo

Naomi Kokubo

by Naomi Kokubo, Editor of Founders Space

The best way is to tap into your network of friends and colleagues.  It’s always better to start with someone you know well and have worked with in the past.  That said, all too often you know people with similar backgrounds and skill sets to your own.  So how do you find a co-founder with a complimentary skill set? Read More...

Corona SDK Rises in Popularity

In the early days, before the ubiquity of stern-faced, wingless cardinals, Carlos Icaza needed to search, well, he nearly had to troll, the Internet for games built on his company’s mobile-app publishing software. Icaza, co-founder of Corona Labs, wanted to feature them on the company’s website. When Corona Labs’ program, Corona, caught on, Icaza then had 10 messages from developers each day, all using Corona, all wanting Icaza to showcase them.

This year alone has seen the creation of 6,000 Corona-based apps, including an upcoming game tie-in to Warner Brother’s Dolphin Tale. In the past, several reached iTunes’ and Android Market’s Top 10. The program’s popularity rests on two aspects, says Icaza, who quite Adobe with co-founder Walter Luh to start Corona Labs. First, for $349 a year, Corona allows a developer to build an app and then publish it simultaneously in Android and iPhone formats. This cuts down on hiring engineers to build separate Android and iPhone apps and the time expended on fixing the bugs in both versions. “We came from a world where we knew that you didn’t just write for just one platform,” Icaza says.

Read the full article on Inc. TECH

Orrick’s Total Access: Reverse Demo Day

By now, the rituals of Demo Day are familiar.  The opportunities are great both for startups to tell their story, and for investors to see a lot of deals in a very short time.  So why wouldn’t the reverse be true?

Introducing the Valley’s first Reverse Demo Day, where the investors sell themselves to entrepreneurs.  Inspired by Betaworks’ and AOL’s New York VC Demo Day, Orrick’s TOTAL ACCESS program will be holding a Reverse Demo Day.  This event puts angel investors on stage and gives them two minutes to deliver their elevator pitch to entrepreneurs.  For startups, it’s the perfect opportunity to get a better sense of some of the names you always see on AngelList.

Remember, you can fire employees, but you can’t fire investors. Read More...

How does a foreign company get help launching a product in the United States?

Soody Tronson

Soody Tronson

by Soody Tronson, Founder of Soody Tronson Law Group

QUESTION: I am based in Australia & have a business that I am passionate about. I want to find a VC that has experience in taking a product & selling it succesfully via infomercials throughout the U.S.  It is difficult to find anyone in Australia that has this experience & not sure as to where to start looking in the U.S.?  Your help is greatly appreciated!  Glen Pattison Read More...

What is Class F Stock (or Founders Stock)?

Naomi Kokubo

Naomi Kokubo

by Naomi Kokubo, Editor of Founders Space

Class F stock was invented by The Founder Institute and Yokum Taku (a Silicon Valley lawyer) to help protect founders.   Typically, when a startup receives venture funding, the founders wind up with Common Class shares, while the investors get Preferred Class shares.   So what is Class F stock?   Class F stock gives founders some added benefits, including 10 votes per share, some protective rights similar to those of preferred stockholders, and the right to elect a director that has two votes on the Board. Read More...

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