Start Up Contents Archive

Startup Hiring: How to Choose Between Competency and Motivation

Hey Startup Community, As a startup founder, one of the most important decisions you'll make is who to hire for your team. But when it comes to finding the right people, how do you choose between competency and motivation? On the one hand, you want to hire people who have the skills and experience to do the job. But on the other hand, you also want to hire people who are motivated and passionate about your company and its mission. So, how do you balance these two factors? What tips do you have for finding the right balance between competency and motivation when hiring for a startup? I would love to hear your thoughts and experiences. Let's share our tips and learn from each other to build better teams together.

CPG startup communities?

Where are my CPG startups at? Startups can be so broad and rightfully there are a lot of SaaS or old fashioned service businesses on here. What subreddits + external resources (Facebook/LinkedIn groups, other websites) do you use for lurking CPG startup discussion?

How to increase chances to get an investment even if my co-founder is my husband?

I know. Romantic partners are seen as a risk for investors. But what can we do to minimize the risks for investors? I assume that contingency plan is a must, but what else can be done? Do non-romantic founders have contingency plan if they would split up? If yes, what it is?

I'll help you for free with your data strategy

I've been working in startups as a data scientist for some years developing Machine Learning models and contributing to company roadmaps. I enjoy getting involved into the data strategy and knowing about cool startups. If you have any question related with data around your startup post it or even dm me.

Does employee equity options as Fully Diluted Share go down with new seed rounds?

The contract says I have "the option to purchase shares of the Company’s Common Stock (the “Option”) representing 2% of the Company’s fully diluted capitalization". I take this to mean I own 2% of the company (after vest, at least). There will be future seed rounds, though. If a new investor buys 10% of the company, do I own less than 2% of the company? Or does my ownership not get diluted?

I have curated database of 40,000+ investors globally. Here's how to approach them.

We got some bloody exciting news, mates 🇬🇧 #HTB has been listed at #3 in the #Startups 100 2023 List for revolutionizing the UK #cybersecurity industry! Thank you, @startupstowers, as well as everyone who's supporting us 💚 Find out more: https://t.co/maFm5JeX8E

S CORP BANK ACCOUNT

Hello, I just recently opened an S CORP for my new business which involves Digital Marketing and Influence Management Services. I’m looking to open a bank account but not sure what would be the best option in my case. I was looking at banks of America & chase but I’m hearing that I should go with local credit unions now. Any suggestions? - Company will be making over 80k+ a year - Marketing Agency/ Management - Located in Florida - 1 employee (me) - I plan to take out business loans in the future ( for AMG G Wagon 🤣) Any suggestions/advice will be appreciated a lot. Thank you. Also, make sure to explain like if you were explaining to a tree 🌳.

Do I build it or do I sell it?

I'm planning to create a tech startup company where we focus on developing productivity applications for Android (soon on iOS). I believe, and some of my colleagues do too, that these products really have some great potential in a long run. I have 5 apps to create where 1 is already in production (still a prototype though) and the second app, which is our flagship, is in development. ​ I'm following all the types of advice and tips I've read here in reddit and outside, but I'm still not sure if I'm the right CEO to these products. I have experienced in leadership, attended some seminars and trainings. But I'm not sure where and how to start. I've written a lot of documents supporting my ideas but still struggle if this is good enough. I'm scared because as CEO, I don't think I will have a boss where he/she can guide me and correct my misdirection. ​ So for all the good people here in r/startups, what advice can you give me? Do I sell these ideas or not?

The @ycombinator W23 retreat started today. One of the amazing things is how few of the founders know about all the amazing software tools we provide to founders. Everyone knows about the 500K but Bookface and other amazing tools are just as valuable!

Championing the billion-dollar dream | 16th January 2023 https://t.co/qQrQ6dKJ0p

Hi everyone! Join @OsOsaGuobadia and other tech industry voices at one of the largest tech gatherings in Africa, The Africa Technology Expo, Abuja. The theme of the event is "Creating the Spark for Innovation". For more info check @sparkafricahq https://t.co/VuhLUOvLiE

🚀 🇱🇻Riga-based Aerones secures €27.7 million to propel forward efficiency in the wind turbine maintenance market 💨 "Global challenges mean our mission ... and our robot-enabled solutions have never been more important or in demand. " https://t.co/rCD35EepAh

2023 could be a perfect time for you to start a business and make the first step towards becoming your own boss! 💪 Find out how a government-backed #StartUpLoan could help you bring your idea to life 👉 https://t.co/IvAEHilnAp https://t.co/1Zpwnvfp7X

🚀🇬🇧 Manchester-based startup Arctic Shores lands new investment to enhance workforce diversity and quality 🙌 Robert Newry: "If companies recruit in the same way they have always done, then they will fail" https://t.co/pm0jgC4hz1