This is personal opinion, more than an answer. You really needed to decide all this when you first set up the company. You needed to discuss with your partner how much money he was bringing to the table, and if not money the value of his contribution to the company. In the end CEO, COO, CT...
Definitely a C-Corp in Delaware. You can use the SAFE (Simple Agreement for Future Equity). That's a better version of the convertible note, made by Paul Graham from Y Combinator. You can find it on his personal website. You should buy the best seller book THE ART OF STARTUP FUNDRAISING by Alej...
I disagree with Sal's answer that you shouldn't be pitching at conferences. I built a good chunk of my early network doing exactly that. To be clear though, Sal is right that most investors hate being "pitched" at a conference and that's because the vast majority of founders do it completely wr...
Convertible notes are by no means "earned." They are often easier to raise for early-stage companies who don't want to or can't raise an equity round. Equity rounds almost always require a simultaneous close of either the whole round or a defined "first close" representing a significant share o...
I think it would be vital to the company's survival that roles and responsibilities are clearly defined. If there's grey area, I've found that work tends to gravitate toward the more motivated party, and the social/power structure gets weird. I started a company with four founders, and we didn'...
The disadvantage(s) are: These answers address the question assuming the large corporation is the largest shareholder in the investment round or at least 40% of the investment offering. Public perception: You raised the issue in your question. How many of your potential customers would percei...
Your question is clear and understandable, but you either need to pay for the services, or give away equity - talented and trustworthy people won't work for free - nor should they. The only question that remains is how can you develop the platform while paying less or giving away less equity. A...
The best ones that I have used are as follows: O-Desk: https://www.odesk.com/. This is good for more complex tasks that are still relatively cheap to implement. Fiverr: https://www.fiverr.com/. These are small jobs that cost $5 bucks per gig. Good to get small stuff done fast. I hate to say ...
Absolutely, I've got you covered! With over a decade of experience in the startup ecosystem, here are some real-world strategies that have proven effective in attracting and retaining pre-seed SaaS startups with $40k+ revenue: 1. Get Personal: Think of your outreach like making friends. It's all...
I always recommend to continue working on the business in parallel with keeping an eye out for a cofounder. As you continue to move forward, it will become easier to get others interested and passionate about joining you. Keep potential cofounders that you may have already met updated on progre...