Here’s the latest from VentureBeat’s Entrepreneur Corner.

Can you fire someone for disparaging your company on Facebook? – Having an employee grouse about your business on a social media forum is infuriating, but is it grounds for dismissal? Attorney Curtis Smolar runs down how the question stands on the legal front.

3 tips every entrepreneur should know – Starting a company is a lot like launching a rocket aimed at the moon—if the launch is only 2 degrees off target at blast-off, it will miss by hundreds of thousands of miles. Doug Collom, vice dean and an adjunct lecturer on venture capital and entrepreneurship for Wharton|San Francisco, gives would-be entrepreneurs advice on three things they must do.

Cash vs. equity: The compensation conundrum – Getting good employees in the early days of your start-up is crucial, but compensation can be an issue. Many are willing to accept lower salaries for equity, but how much should you give? Serial entrepreneur Jason Cohen explains his formula.

10 ways to expedite contract negotiations – Contract negotiations that drag on run up both legal and manpower costs. Polly Dinkel, a partner at Sideman & Bancroft, offers 10 tips on how to move the process along.

George Zachary: No bubble yet, but one’s buildingGeorge Zachary of Charles River Ventures gives his thoughts on a number of trends in this keynote address given at the recent Founder Showcase event.