http://bootstraplabs.com Sat, 08 Oct 2011 04:18:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://bootstraplabs.com/blog/2011/08/25/founder-liquidity-good-or-bad/#comment-31 Anonymous Sat, 08 Oct 2011 04:18:00 +0000 http://bootstraplabs.com/?p=676#comment-31 In general I favor early founder liquidity, most entrepreneur are more focused and committed when they feel that all long hours, also gives some financial reward, and also their families see some result of all their work.  In general I favor early founder liquidity, most entrepreneur are more focused and committed when they feel that all long hours, also gives some financial reward, and also their families see some result of all their work. 

]]> http://bootstraplabs.com/blog/2011/08/25/founder-liquidity-good-or-bad/#comment-30 Andrew Romans Thu, 22 Sep 2011 03:13:00 +0000 http://bootstraplabs.com/?p=676#comment-30 There is no single answer that is correct for every person, every company and every stage of a venture. Make the analogy to playing poker in a casino and this becomes more self evident. If you gambled $200 playing poker and then grew your $200 to $5,000 would it be logical to bet 100% of your $5k? Absolutely not! If your wife or husband were sitting next to you on your vacation in Vegas and you grew $200 to 5 grand you can bet he or she would encourage you to put $4,800 in your left pocket to take home and keep gambling with the initial $200 and maybe blow another $200 after you lose the $200. The moral of the story here is that it is almost sick and twisted that VC’s and even other entrepreneurs encourage wild risk taking when the value of these companies goes up. There is a strange culture in Silicon Valley and the global Silicon Valley that puts glory on the stupidity of gambling and betting the full 5 grand that you grew from $200 even when it took 5 years of your life to get from point A in starting the company to point B of having stock nominally worth $4.5M and someone is trying to talk you into keeping all of your chips on the table and putting not even 2% into your pocket to take home now. My advice to entrepreneurs is to carefully diversify some of their equity (common shares, stock options, phantom stock, what ever) into cash or a derivative of other shares via some vehicle like The Founders Club offering a well managed equity exchange fund.  There is no single answer that is correct for every person, every company and every stage of a venture. Make the analogy to playing poker in a casino and this becomes more self evident. If you gambled $200 playing poker and then grew your $200 to $5,000 would it be logical to bet 100% of your $5k? Absolutely not! If your wife or husband were sitting next to you on your vacation in Vegas and you grew $200 to 5 grand you can bet he or she would encourage you to put $4,800 in your left pocket to take home and keep gambling with the initial $200 and maybe blow another $200 after you lose the $200. The moral of the story here is that it is almost sick and twisted that VC’s and even other entrepreneurs encourage wild risk taking when the value of these companies goes up. There is a strange culture in Silicon Valley and the global Silicon Valley that puts glory on the stupidity of gambling and betting the full 5 grand that you grew from $200 even when it took 5 years of your life to get from point A in starting the company to point B of having stock nominally worth $4.5M and someone is trying to talk you into keeping all of your chips on the table and putting not even 2% into your pocket to take home now. My advice to entrepreneurs is to carefully diversify some of their equity (common shares, stock options, phantom stock, what ever) into cash or a derivative of other shares via some vehicle like The Founders Club offering a well managed equity exchange fund. 

]]> http://bootstraplabs.com/blog/2010/12/16/bootstraplabs-goes-colombo/#comment-20 Chamtem Thu, 27 Jan 2011 07:40:00 +0000 http://bootstraplabs.com/?p=456#comment-20 Welcome to Sri Lanka Welcome to Sri Lanka

]]> http://bootstraplabs.com/blog/2010/12/16/bootstraplabs-goes-colombo/#comment-19 Sivakumaran Fri, 21 Jan 2011 08:34:00 +0000 http://bootstraplabs.com/?p=456#comment-19 Hoping to work with great team Hoping to work with great team

]]> http://bootstraplabs.com/blog/2010/12/28/how-social-web-games-are-more-like-tv-series-than-core-game-movies/#comment-15 Tweets that mention How Social Web Games are more like TV-series than “Core Game Movies” -- Topsy.com Tue, 28 Dec 2010 23:27:32 +0000 http://bootstraplabs.com/?p=493#comment-15 [...] This post was mentioned on Twitter by AK2= A.KarriemA.K. AK2= A.KarriemA.K said: RT @bootstraplabs: How Social Web Games are more like TV-series than “Core Game Movies” http://bit.ly/dPhcDY [...] [...] This post was mentioned on Twitter by AK2= A.KarriemA.K. AK2= A.KarriemA.K said: RT @bootstraplabs: How Social Web Games are more like TV-series than “Core Game Movies” http://bit.ly/dPhcDY [...]

]]> http://bootstraplabs.com/blog/2010/12/16/bootstraplabs-goes-colombo/#comment-13 Tweets that mention BootstrapLabs Goes Colombo -- Topsy.com Fri, 17 Dec 2010 06:09:35 +0000 http://bootstraplabs.com/?p=456#comment-13 [...] This post was mentioned on Twitter by BootstrapLabs, BootstrapLabs. BootstrapLabs said: BootstrapLabs Goes Colombo http://bit.ly/fOP9wQ [...] [...] This post was mentioned on Twitter by BootstrapLabs, BootstrapLabs. BootstrapLabs said: BootstrapLabs Goes Colombo http://bit.ly/fOP9wQ [...]

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