* I coded this during lawyer meetings.
257 karma · joined August 11, 2010
* I coded this during lawyer meetings.
What has personally worked for me is providing company credit cards with a max limit of $25k to anyone who actually needs to be actively spending. Right now that's head of tech, head of marketing and CEO. My company is larger and spends quite a bit. If you are bootstrapping or have done an angel round, perhaps this number should be $5k or $10k. Either way, the important part is the limit.
As far as withdrawals go, a 2-signer system on all checks is a no-brainer, though in this case it sounds like an in-person withdrawal from a branch is what got you. I would check with your bank to see if they can setup a similar system for withdrawals over $X. I've worked with Silicon Valley Bank and they are super flexible to any of these custom needs.
Best of luck with getting back up after this. These are the kinds of events that you need to creatively persevere through.
There are reasons for 3,4 or N year vesting - namely keeping employees invested in the business. If employees at a startup turned over every year, it simply wouldn't survive.
Salary is used to keep employees for a year. Salary and/or equity is used to keep employees for a meaningful period of time. There will always be the ones there to simply collect a paycheck, and likewise there will be ones who stick around for their 50,000 shares of equity without doing the math to realize their potential upside near 0.
OSX 10.8.2 and up to date dropbox.
- 83B 83B 83B! This one cost me over $100,000 in a deal, and at one point came close to killing a venture financing in the 11th hour - all because an attorney told us we were all set (when we weren't). Make sure your attorney and accountant have startup experience, and don't be afraid to ask the opinion of others. It's incredible how one sheet of paper can totally kill your business.
- I disagree with the PayPal suggestion. A check is more valuable to me as a vendor since i don't have PayPal taking out their fees. This is substantial money if you are talking about thousands or tens of thousands of dollars.
- pizzacopter.com - burgercopter.com - foodcopter.com
You quickly realize the value of the $1,200 pricetag is that the desk adjusts in seconds to the exact sit or stand height you want. I would spend the same money on anything that keeps me healthier and decreases my back issues.
Maybe AWS will release a High Performance RDS option that runs off of them. Wishful thinking.
I sincerely hope this father kids his kids out of the house and into the backyard to make friends, built forts, break things, and all the other awesomeness I experienced as a kid growing up. If my dad started putting me in front of a terminal when I was 2 or 3, I'm nervous how I would have ended up.
Because I received my first programming book (HTML in 24 hours) when I was 13, I had plenty of years to learn to code, but didn't sit inside while all the other kids were playing for 13 years. Now I'm coding everyday, having a blast at my startup, and my best friends today are the kids from my neighborhood that I was building forts and setting off fireworks with 20 years ago.
As a CTO I manage development and technology for the company, which means I'm up and around the office (and out) for meetings and touching base with other departments. If I were an engineer I'd likely utilize a standing desk less. I personally don't enjoy coding standing up.
The huge benefit is not having to move all your stuff whenever you're done sitting or standing. I press a button and in 10 seconds it's changed height. MAGIC!
I highly suggest them to anyone, just watch out for the long backorder. Mine took 3 months to get here.
2) You definitely need some screenshots or a video. After browsing the entire site for a few minutes I only have a vague guess of what this application might do.
The automatic backups and rollback in RDS is worth way more than $19 alone.
http://tools.pingdom.com/fpt/#!/EJEPcYv2P/iamexec.com
https://developers.google.com/speed/pagespeed/insights#url=i...
Also, what do we need SSL for on a landing page?
Fighting this to the end could eat up a substantial amount of Venrock's $8M.
Slightly more entertaining.
Overall this article has little to do with scaling on AWS. Running any sort of production website on a micro instance is pretty foolish, besides a blog or static website perhaps.