Angel Etiquette

http://blog.eladgil.com/2014/02/how-to-be-good-angel-angel-etiquette.html

by dksf • 12 years ago

63 9 12 years ago

blog.eladgil.com

tptacek3• 12 years ago

Acquihires are typically four year commitments? That's crazy.

lsc2• 12 years ago

Huh. That doesn't seem crazy to me at all, I mean, if you are paying a bunch of money per-head, you want those heads to stick around a while. And I thought that VC funded aqui-hires were typically $1M+ per head? Yeah, I'll stick around four years for $250K/yr on top of market salary.

On the other hand, if I have 2% of the company, uh, yeah, then it looks a lot worse. but legally speaking, my understanding is that you can walk (you lose your golden handcuffs, but 2% of a million bucks is... not going to keep a silicon valley nerd anywhere they don't want to stay.)

http://dilbert.com/strips/comic/2011-10-04/

tptacek3• 12 years ago

I've been through two earnouts, and am familiar with a bunch more, and four years sounds long. That's an enormous opportunity cost.

joshu• 12 years ago

two to three years, typically.

rachellaw• 12 years ago

that was what i thought too. four years seems particularly long.

tptacek3• 12 years ago

That sounds right to me.

eladgil• 12 years ago

I think it really depends on the company and context. E.g. if it is truly an "acqua-hire" for team members only, it is 4 years. If there is some IP, asset, or expertise thrown in the timeframes can be shorter. It also depends on the company doing the acquiring....

rohanpai• 12 years ago

Are you an Angel VC or is this a wishlist?

Angel Etiquette

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