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Team Development

  • Advisor: An experienced professional who offers strategic or domain expertise to the startup, often in exchange for equity.
  • Co-founder: A founding member who contributes significantly to the formation and direction of the startup.
  • Culture Fit: Alignment of a team member's values and behaviors with the startup's mission and environment.
  • Early Employees: Initial team members critical to the startup’s formation and growth.
  • Employee Stock Option Plan (ESOP): An incentive scheme allowing employees to own equity in the company.
  • Equity Compensation: Shares or options given to employees as part of their remuneration.
  • Founder's Agreement: A legal contract defining roles, responsibilities, and equity between co-founders.
  • Hiring Freeze: A temporary halt on hiring, often implemented to manage resources or restructure operations.
  • Key Hires: Strategic recruits essential for business expansion or product success.
  • Lean Team: A small, resourceful group operating with high efficiency and minimal overhead.
  • Org Chart (Organizational Chart): A visual diagram showing roles, responsibilities, and reporting lines.
  • Team Dilution: Decrease in team members' equity due to the issuance of new shares during fundraising.
  • Team Scaling: Expansion of the workforce while maintaining startup agility and culture.
  • Technical Co-founder: A founder with core responsibility for building and managing the tech product or stack.
  • Talent Acquisition: Strategic process of sourcing, attracting, and hiring skilled professionals.