Do dysfunctional families breed entrepreneurs?
(Editor’s note: Serial entrepreneur Steve Blank is the author of Four Steps to the Epiphany. This column originally appeared on his blog.)
I was having lunch with a friend who is a retired venture capitalist and we drifted into a discussion of the startups she funded. We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. I said, “well… Continue Reading
The “FF class” of stock, for founders who want cash early
(Updated with more details on how FF works)
A form venture capital funding in Silicon Valley is getting increased interest from founders of start-ups.
It is called the “FF class” of stock, for founders who want to cash out a small percentage of their stake in a company so they don’t have to wait until the company is sold or goes public.
This practice is not entirely new. Many founders through the decades, including at Intuit years ago… Continue Reading