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How much equity should I give a VP?

QUESTION:

We’re looking at bringing on a VP of sales, and I was thinking about providing a 0.75 – 1% equity stake with a 3 year vesting period. Is this about right?  We’re pre-funding right now.

ANSWER: Read More...

Can I simply abandon a California corp?

QUESTION:

Can I simply abandon a California corp and leave it blowing in the wind? I started a company a while back, and it didn’t work out. Since then, I’ve moved on to another profitable venture. Instead of bothering to close down the old company, can I simply abandon it. What will happen? Am I liable for anything like taxes?

ANSWER: Read More...

Ken Ruck, Cofounder of Hemisphere Interactive

Ken Ruck

Ken Ruck

Advior & NY Chapter Leader

Ken Ruck is a Digital Media Executive with product development experience in online, mobile content, digital media distribution, virtual worlds, online & mobile advertising, and consumer product integration with digital experiences. Read More...

Dave Samuel, Freestyle Capital

Dave Samuel

Dave Samuel

David Samuel is an experienced executive with a proven ability to identify market trends and build companies from the ground up. He has repeated success providing significant investor ROI.

A serial entrepreneur and Internet pioneer, Dave has specialized in software & media since 1994. His success comes as a result of his strong technical background, ability to manage large teams, and adept leadership to adjust company direction while navigating through volatile or unchartered markets Read More...

CoFounder at Freestyle Capital

Josh Felser

Josh Felser

I worked in old media at News Corp for 4 years, new media as co-founder and president of Spinner – the first multi-channel Internet radio service and co-founder and CEO of Grouper/Crackle – one of the first Internet video networks. Both companies were acquired in under 3 years and sold for $320mm (AOL) and $65mm (Sony Pictures) respectively.

My partner from Spinner and Grouper, Dave Samuel, and I recently started an early stage VC called Freestyle Capital to fill the void between retreating angels and VCs moving to later stage investments. Read More...

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