If there’s one thing you take away from this talk, it should be this: No one cares about your game. Spellbreak used Imgur, Reddit, YouTube, and Discord to gain 600,000 pre-alpha signups and founder, Seth Sivak shares some really great…
Though Founders hold a substantial stake in the company during incorporation, they need to go through a vesting schedule to protect their interest in the company. This schedule can start from incorporation or subsequent funding rounds depending on investor negotiations.…
Welcome to a fresh episode of GrowthTalkies.com, a series of conversations on growth and retention which NextBigWhat has launched in partnership with WebEngage. In this episode, we have Sumit Ghosh – running a very hot startup – Chingari app. ̛In…
When you raise money, the investors want the founders to stay back and run the show. Although you may have agreed for a reverse vesting schedule, but while onboarding investors they may ask for few years of lock-in for founders.…
How does product development actually work? Do hard launch dates actually help in the long run? This thread by Shreyas brings some good perspective. » NextBigWhat’s #Threadmill brings you curated Twitter threads on product, life and growth. Note: Some people…
When you raise money, many times the investment may come in tranches instead of single shot. The tranches could be linked to time, milestones or both. The tranches are committed now and released when the underlying factor is complete (time/…
While raising investment, you will liquidation preferences clause in your SHA. This clause impacts how investors are paid in events of M&A (mergers & acquisition) or during liquidity of the company. The current episode of eLagaan Whiteboard Friday talks about…
We break it all down to 6 steps – Understand, Study, Engage, Reconstruct, Ship and Study. Interestingly enough, their initials form the acronym USERSS (Yeah the final S was necessary. It is one of the pillars Razorpay experience stands on)…
One of the key elements of Google's software engineering culture is the use of defining software designs through design docs.
As software engineers our job is not to produce code per se, but rather to solve problems. Unstructured text, like in the form of a design doc, may be the better tool for solving problems early in a project lifecycle, as it may be more concise and easier to comprehend, and communicates the problems and solutions at a higher level than code.
For founders who are not related to each other (like husband-wife, father-son etc.) it is important to enter into Founders Agreement covering important working relationship between founders and vesting schedules for founder’s share holding. This document is a must for…
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