Every business, from a mom-and-pop flower shop to the next billion-dollar tech giant, first has to legally establish itself as a company. But, just as there are many kinds of businesses, there are also many ways of establishing a company—and as you can imagine, a flower shop and a would-be Uber are probably not going to be best-served by the same one.
Today we’re proud to release an updated Co-founder Equity Split tool. We released the first version back in November to help startup founders divide the ownership of their startup fairly and rationally among their team. Since then, we’ve been collecting feedback from founders about how it could better help them with their decision.
Even startups with the most revolutionary products and services will fail unless they work as businesses. If customers are unwilling to pay for your product, your business will fail, so it’s essential that you validate your concept by testing customer interest very early on. One way to do this is to put your idea online.
Building a company is no easy task. From creating a product to hiring the first employee, there are a multitude of things an entrepreneur must do to get the company off the ground.
Welcome to our second edition of Failing Upward! We spoke with Liz Zalman, co-founder and CEO of Media Armor (acquired by Nomi) and the database security SaaS company strongDM, where she recently closed a $3M round.