Monday, December 12, 2016

How to negociate your compensation package with a startup?


Its quite simple but most startup will make it look complex to make a better deal then you.




  1. First, know your market value (ex: 100K)
  2. Second, get the startup base salary offer (ex: 60K)
  3. Third, estimate the unpaid value: market value - base salary = update value (100-60=40K); usually the unpaid value is paid in stock with a premium
  4. Forth, get the last valuation of the company & number of shares total + double/tripple dipping clause details.
  5. Evaluate the risk factor to get the unpaid value in stock. Basically the stock option premium to ask.  
    1. Startup phase/maturity level (risk factor to apply)
      1. MVP = fucken risky, a big factor is required (ex: 100)
      2. Market Fit exploration = Fucken risky so a big factor too (50-100)
      3. Market validation phase, time to scale = 2-5
      4. Quality of the investor and network they bring = 2-100 (vary a lot)
      5. Market (hype or ...) = 2-10K
    2. Strategic location = 2-1000 (vary a lot)
    3. Type of startup
      1. Type of startup = unicorn (big factor), etc.  1-100
      2. Business type, B2B or B2C : 1-100
      3. Type of revenue (recurrent, retension
      4. Data driven = 1; non-data driven (get out)
      5. Working culture
      6. Collaboration and communication culture
    4. Management team
      1. Management team, advisor experience in place = 2-1000
      2. Team quality: 2-1K
      3. CEO focus = 2-1M
      4. Management Mission and Vision clarity
    5. Financing
      1. Delay before next founding required -> 2-1000
    6. Your value
      1. Role type = Tech has more value
      2. How rare is your skill = 1 to 100
  6. Evaluate the number of share you should claim (40k*25 = 1M; current valuation = 10M; stock = 10% ownership)

As you can see, its quite simple, its basic math.




Sunday, December 4, 2016

How to install a workcenter xerox on ubuntu?

  • # install dependencies
    • apt-get install libstdc++5 libstdc++5:i386
  • # download "Samsung Unified Driver Configurator" 
    • wget http://www.bchemnet.com/suldr/pool/debian/extra/su/suldr-keyring_2_all.deb
    • sudo dpkg -i suldr-keyring_2_all.deb
  • # install cups filters 
    • sudo apt-get update
    • sudo apt-get install cups-filters
  • Install driver
  • then follow this https://ubuntuforums.org/archive/index.php/t-2091960.html
    • sudo update db
    • locate wc3210.ppd
    • cp wc3210.ppd ~/Desktop
    • locate rastertosamsungspl 
    • copy rastertosamsungspl  ~/Desktop
    • cd ~/Desktop
    • sudo cp rastertosamsungspl /usr/lib/cups/filter
    • open systemsettings in ubuntu 12.04.2 and choose printing
      add new printer- network printer - (it will find the workcentre with its IPafter about ten seconds, be patient!) - click that; then "forward" (searching for drivers wait till "choose driver appears), click "provide ppd file" and navigate to your desktop where you'll find the previously saved wc3210.ppd
      h) click apply and print test page - you're done!