Hi Andrew and Jonathan,
Apologies for not being clearer in my emails...
I think the repayment percentage of people the money is loaned to (usually
>98% as mentioned) is mostly attributable to the honesty of the people
getting the loan. Those people for the most part, are honest decent people
tryi
Hi Ryan,
Firstly... congrats on the imminent launch of Project PowerUp. You're truly
in one of the leading verticals in a leading industry.
I was at a "meet the entrepreneurs" event last night run by UNSW at Ernst
and Young, there were government reps there too on the panel, and of
course, VC's..
Hey Jason,
This is definitely the kind of document that you'll want to have a chat to
a lawyer about, as shareholders agreements can be quite complex.
Amongst other things, they need to account for a large number of possible
outcomes for the shareholders (retirement, injury, death, dilution), the
Not sure about your situation; however check out the shotgun clause:
http://en.m.wikipedia.org/wiki/Shotgun_clause
Good in case of a falling out :)
- Joe Ward
+1 650 863 1450
On Nov 2, 2011, at 9:08 PM, Ryszard wrote:
Hi all,
I've been working on a startup for a while now, and its pretty we
Hi all,
I've been working on a startup for a while now, and its pretty well ready
to incorporate. Since there are three co-founders a shareholders
agreements seems a pretty important document to have.
There are no doubt heaps of different things that can go into the
agreement, but i'm at the sta
Hi SBers,
It's great to see all the interesting conversations going on here.
I hope to add to the mix as I have recently launched Saaslink.com a
cloud-based data integration service for managing data across
systems.
For those who don't know me I have in the past developed 'connectors'
for variou
http://www.smh.com.au/technology/technology-news/aussie-tech-gold-rush-nothing-off-limits-2003-1mwyn.html
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Tim, couldn't have said it better. Agree entirely. I think the really hard
bit is not so much the perfection, but the process of deciding w
Hat features to add to your MVP. A lot of startups just make it worse.
On Wednesday, November 2, 2011, Tim Bull wrote:
> My perspective on this has changed a
I like that Kiva exists. I think microfunding is a great idea. I don't
think you can assess whether an MFI has been exhibitng predatory practices
(like Simran mentions) based on their repayment success rates.
On Thu, Nov 3, 2011 at 8:01 AM, Andrew Sellen wrote:
>
> Hi Simran,
>
> Just want to res
Hi Simran,
Just want to respond regarding your comments on Kiva as I've worked
previously in microfinance.
Yes, Kiva have local microfinance institutions (MFIs) that administer
the loans but I suggest this is a good thing. Lenders can check the
record of the MFI before lending, and many of them
Thanks Phil. I'm not surprised about the turnout - I feel a lot of our
incubators still need to prove themselves so there's no time for deep diversity
endeavours yet. YC have only just got around to X years after starting.
My own experience is that is gets somewhat tiring putting yourself out t
Many thanks Nick for the advice and also the NDA's.
Our "product" is a highly developed brand concept that is effectively
looking for a product to sit on top of. Applicable to several sectors,
there is quite a bit of interest from several serious parties.
At this stage we are basically looking a w
Hopefully some charitable members can assist
I have a need for a NDA so to be able to present to prospective
investors and interested parties. Would anyone here be kind enough to
point me in the direction of one that I might be able to use as a
starting point?
Thanks in advance and of course
My perspective on this has changed as our product matures. Actually I
posted on exactly this issue a couple of weeks back
http://timbull.com/rosl100-is-your-minimum-viable-product-mvp-ac
Key thoughts were:
"The goal of a startup is to find the sweet-spot where minimum product
and viable product
Good on you Phil.
I heard a quote from Mark Pincus that being a product manager is the
best training there is for being a CEO, especially if you are in a
bigger well structured company, seems to ring true with what you say
too,
Caroline
On Nov 1, 11:21 pm, Phil M wrote:
> Great post Elias
>
> S
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