For everyone who liked my video “Startup Funding Explained” and bullied :) me into doing more on this topic, I give you 5 things you should check before you sign a shareholder’s agreement! Share if you enjoyed!
The Rest Of Us I have no clue what a shareholder's agreement is because I am no native speaker, but the pictures were nice ^^ Cool video, even though it will not help me much in my life... unless I will get to know what it means :P Let me google...
It is simply the "contract" that all shareholders of a company agree to. When you invest in a startup you will have to sign this contract. If you just buy some Apple or Google shares in the stock market, you agree to it indirectly.
You've got production value, (seemingly) custom illustrations, good narration, and a voice capable of holding my attention. I was shocked to see your sub count when I clicked that button, the maturity of your content likens that of other channels with half a million or many more subs. Seems like the only thing holding you back is time! Keep uploading, and I'm sure the numbers will flow organically.
+Kevin Erkelenz Thanks for the flowers, I really appreciate it. You're right, I am largely constraint by time (and yes, I do all the imagery myself). But I think a few good videos are better than many sloppy ones.
***** I agree with you 100%. Quality material takes its time, and I can live with that. Some of my favorite channels produce 3-4 videos a year if I'm lucky.
It will still be okay, as you would come to know about it eventually, and usually most of the founders are not business major, so everything will work out.
Even with knowing this, it’s still easy for owners to be screwed out of their business. When your wearing multiple hats and working 18 hour days, it can become quite foggy on what others are doing around you in your business.
Dude, excellent stuff, thank you so much, I've finally understood the difference between the two, your explanations are spot on, and in nice easy layman's language. Definitely have to support and share, keep up the good work!
because it was written that way to make you . the actual truth was eduardo wasnt a very helpful CFO and was actually quite literally dragging the company down. gray area move, but you need to make those if you want success sometimes.
I just discovered your channel thanks to the RUclips recommandations. Your work is amazing and it s just perfect because I am being interested in how a company works. thanks a lot mate. amazing job. hope you will continue for a long time.
If I'm correct, Facebook's current valuation is $1T which makes .03% equal to $300 million. So still, not too shabby. But getting diluted like that in a much smaller company could be devastating.
Bro , you are just awesome man , your videos are brief discriptive with ton of knowledge , please please make series of startup related videos , make videos on building a startup from scratch , please ....
Great video! It helped me to know what to negotiate in signing a start-up employment contract. Looking forward to more content on the Star-Up topic! Given the speed that you talk, you can consider improving the subtitle of this video for a better clarity.
Your channel is so fucking informative. Please make more videos. Start a Patreon or something like that if you need help financially or anything like that to make more frequent videos. If you or whoever helps run this channel is a part of anything else like a start up, COUNT ME IN FOR A PRIMARY INVESTOR! Seriously, I love the channel please keep it up
:) Thanks for the enthusiasm. Besides supporting on Patreon (I know not everyone can do that), the best way to support me is simply by sharing this video. If everybody who liked this video would simply send it to some friends and family it would change things completely.
i sure wish i had known these things with my first and second and third companies... all different ways of having someone take what you are trying to build.
A company has a 5 board members in total. One guy owns 49% of the shares and has 3 seats. Another owns 51% and has 2 seats. What does that situation look like in case one of them decide to sell all their shares? Who gets to own the business and decide what should and shouldn't happen?
Whoever holds the majority of board seats has effective *control* over the company. But the more shares you hold, the larger your share of the company's *profit*. There are often situations where 20% or 30% of the shares control 100% of the board, e.g. facebook. So the other 70% of shareholders don't get to say anything, but still get 70% of the profit if facebook does well. That's what is basically called "silent participation". EDIT: You just made me realise that I might at some point have to do a part 3.
Hey, you need to make more videos about startups please!. They are really helpful. I'm in process of creating one of my own. If you keep posting startup content, be sure that I will donate right away. Thanks
Subscribed. This is great information to know and presented in a well made video. It's interesting to see how more and more people are required for growth in a company.
Thanks for the information brother I just asked a person today if they wish to sit on my board. I think I’ll withdraw that offer. I think advisory is a better safer title.
Interesting video! Private equity industry & investment firms are about to be reinvented with blockchain. Something like Muirfield IP is utilizing blockchain technology to do exactly this.
I've been working on a project (invention) on my own for 6 years. I'm ~70% finished, but I want to speed up the process by collaborating with a guy. Can you please advice me what contract I need to present, or how should I go about? Should I make my own company alone or should I start the company with this new guy? (keeping a 70% to 30% proportion of the company). Or if I'm the only one owning the company, can he own 30% of this project that we would work together on? (because the company might do more projects, in which I may not need to collaborate with the guy. So we would be tied up together only for this project)? And what type of contract do I need to present him with? (for me its important that he doesn't expose my invention - keeping in mind that my invention is a bunch of theories which I cannot really patent, but when these theories are put side by side, they are very powerful. But I cannot patent any individual theory..). So I'm afraid he might steal my ideas and make his own company, thus my need for a contract.
+Stan Burrage Thanks a lot for spotting that! I have activated collaborative subtitles, so anyone can basically change them and I just need to approve (and I didn't have time to check all texts for all videos). Will change it as soon as I'm on my laptop.
For everyone who liked my video “Startup Funding Explained” and bullied :) me into doing more on this topic, I give you 5 things you should check before you sign a shareholder’s agreement! Share if you enjoyed!
The Rest Of Us HI I know this channel will become big, so I can you reply. I want to capture it.
The Rest Of Us I have no clue what a shareholder's agreement is because I am no native speaker, but the pictures were nice ^^ Cool video, even though it will not help me much in my life... unless I will get to know what it means :P Let me google...
"Aktionärsvereinbarung"... well, okay... I also never heard that word in German, luckily I do not have to do anything with this stuff yet :p
It is simply the "contract" that all shareholders of a company agree to. When you invest in a startup you will have to sign this contract. If you just buy some Apple or Google shares in the stock market, you agree to it indirectly.
Yeah I also got into it after reading a bit about it :) Thanks mate! :D
You've got production value, (seemingly) custom illustrations, good narration, and a voice capable of holding my attention. I was shocked to see your sub count when I clicked that button, the maturity of your content likens that of other channels with half a million or many more subs. Seems like the only thing holding you back is time! Keep uploading, and I'm sure the numbers will flow organically.
+Kevin Erkelenz Thanks for the flowers, I really appreciate it. You're right, I am largely constraint by time (and yes, I do all the imagery myself). But I think a few good videos are better than many sloppy ones.
***** I agree with you 100%. Quality material takes its time, and I can live with that. Some of my favorite channels produce 3-4 videos a year if I'm lucky.
The Rest Of Us
Success will Follow soon.
Very explanatory and impressive material!
Kevin Erkelenz i
Imagine not knowing this and founding a corporation of any type.
Its okay, i believe my fellow human business peers wont screw me over.
...
Blu X Grean meeeeeeeeeeeee
It will still be okay, as you would come to know about it eventually, and usually most of the founders are not business major, so everything will work out.
Goddamn that would be stupid
Even with knowing this, it’s still easy for owners to be screwed out of their business. When your wearing multiple hats and working 18 hour days, it can become quite foggy on what others are doing around you in your business.
I love the "I lied" line, it allows the video to explain first the basics without being distracted by complex concepts
I’m VC attorney who drafts/negotiates these every day at work. This is all spot on! Thanks for your insight.
Man where are you, we need more of these
I love your videos guys. I love fast and simple explainations, not the boring long monotone videos that others make. Appreciate.
Best to me for growing my knowledge.....please come back with these type of topics. THANK U
make more videos on startups please!
Extremely Helpful... Keep making these kind of videos..!!!
Dude, excellent stuff, thank you so much, I've finally understood the difference between the two, your explanations are spot on, and in nice easy layman's language. Definitely have to support and share, keep up the good work!
“I lied” wtf bruh
Why tf you lyin? Why tf you lyin? 🎶🎶
1:40 I was literally thinking about Facebook when you brought up dialution!!! And 2 seconds later... 🤣
Me too😂
Your channel needs many more subscribers! Great content
This guy....is the best in delivering content effectively and efficiently. Love your work better than more than half the bs others put out there
I am expecting more videos on startup. Your way of explanation is the best...
Congratulations. Great video, not boring at all and simple. Really thank you!
That scene in The Social Network made me sooo mad when I watched it.
because it was written that way to make you . the actual truth was eduardo wasnt a very helpful CFO and was actually quite literally dragging the company down. gray area move, but you need to make those if you want success sometimes.
Please keep your channel up, every video is a winner. You need to grow right now.
This is brilliant! This is what i call valuable information :D
This channel's gonna top the charts real quick!
Wow! This is very informative. The situation depicted on part 1 of this video is very me now. Me and a friend of mine are starting a company.
Loved your videos... please make more videos like these startup contracts, fund raising and how to convince investors , investment negotiations etc...
I love these topics, too. Could you indicate some books about these subjects?
1. dilution
2. board seats
3. tag along
4. drag along
5. option pool
I just discovered your channel thanks to the RUclips recommandations. Your work is amazing and it s just perfect because I am being interested in how a company works. thanks a lot mate. amazing job. hope you will continue for a long time.
Your channel teaches a Lot than these Universities do. Thank you very much for Sharing these most valuable contents.
This channel is underrated.This video is so good and informative.
If I'm correct, Facebook's current valuation is $1T which makes .03% equal to $300 million. So still, not too shabby. But getting diluted like that in a much smaller company could be devastating.
That's right, probably a very good investment for him.
That is terrible for a co founder who had 24% before the whole dilution debacle. That’s $240 billion of $1 trillion valuation.
When you talked about dilution... Social Networking scene was exactly going into my mind even before you started the scene!!! what a coincidence
Bro , you are just awesome man , your videos are brief discriptive with ton of knowledge , please please make series of startup related videos , make videos on building a startup from scratch , please ....
Thank you thank you thank you thank you. This is gold. Mark is one sneaky individual.
Awesome. Very organized and well developed. Keep it up
Hey, this is honestly the best channel I've ever seen on RUclips.
Thanks for the great content!
Great video! It helped me to know what to negotiate in signing a start-up employment contract. Looking forward to more content on the Star-Up topic! Given the speed that you talk, you can consider improving the subtitle of this video for a better clarity.
Your channel is so fucking informative. Please make more videos. Start a Patreon or something like that if you need help financially or anything like that to make more frequent videos. If you or whoever helps run this channel is a part of anything else like a start up, COUNT ME IN FOR A PRIMARY INVESTOR! Seriously, I love the channel please keep it up
LOL I commented this at 7:16. I guess I'll finish the video before commenting next time ahaha
:) Thanks for the enthusiasm. Besides supporting on Patreon (I know not everyone can do that), the best way to support me is simply by sharing this video. If everybody who liked this video would simply send it to some friends and family it would change things completely.
I guess I know why founders are almost always saying they wish that they had bootstrapped the biz.
THANK YOU TROU!
Nice visual and explanation. And great Zelda startup. Thank you for your insight on economy. I’ve subscribed
Finally I understand The Social Network.
you didn't cover advisory shares, common shares, preferred shares etc
Wow! This video blew my mind. It makes business so interesting. Dang! Please, keep up the great work, you're highly appreciated.
i sure wish i had known these things with my first and second and third companies... all different ways of having someone take what you are trying to build.
if you see this, we need you back urgently!
This is great. I learned everything I needed in 2 of your videos. Now that's efficient.
Excellent video + illustration + audio + explanation. You have a new subscriber
A company has a 5 board members in total. One guy owns 49% of the shares and has 3 seats. Another owns 51% and has 2 seats.
What does that situation look like in case one of them decide to sell all their shares? Who gets to own the business and decide what should and shouldn't happen?
Whoever holds the majority of board seats has effective *control* over the company. But the more shares you hold, the larger your share of the company's *profit*. There are often situations where 20% or 30% of the shares control 100% of the board, e.g. facebook. So the other 70% of shareholders don't get to say anything, but still get 70% of the profit if facebook does well. That's what is basically called "silent participation".
EDIT: You just made me realise that I might at some point have to do a part 3.
Haha you should make another part then. Thanks for the answer.
The Rest Of Us pls do part 3
nice touch with the carrots and the zelda music combo xD using the only incentive item in oot while talking about incentives, well done ^^
:)
Hey, you need to make more videos about startups please!. They are really helpful. I'm in process of creating one of my own. If you keep posting startup content, be sure that I will donate right away. Thanks
First RUclips channel, I have ever subscribe so far in my existence of this life.
This is amazing content, thanks for the advice on what to look out for!
I feel like your videos are going to save a lot of entrepreneurs a lot of heartache
Love the Zelda music in the background!
Subscribed. This is great information to know and presented in a well made video. It's interesting to see how more and more people are required for growth in a company.
That US burn.
USA! USA! USA! USA! USA! USA! USA!
ⵔⵓⴽⴰⵜⴽⴰⵜ, You are breaking the law by using NASA's logo without their expressed written consent.
I AM THE LAW!
but of course votes aren't equal - it's a state system.
Dude your so good at what your doing!! Great job man keep going I will listen and learn that’s the least I can do 🤝
You just made me subscribe to your channel .Keep doing this good work really looking forward to content like this from you
Thank you for sharing your thoughts
How do you don't have 10 million subs you deserve it bro
I agree.
Thank you for this! Very concise and easy to watch. Great job! Hope for more of such videos
mark zuckerberg made spiderman angry
blaze lucha ahahaha
lizardman* made spiderman angry
Subscribed! Awesome content, please continue doing videos like this! 🙌🏻
Super good video! Please post more
Thanks for the information brother I just asked a person today if they wish to sit on my board. I think I’ll withdraw that offer. I think advisory is a better safer title.
Great content!!
Can you please make a video on how to approach investors from different product domain or a different domain altogether..
Love your style of videos.
Thanks for your startup videos. Can you make more of these please?
A big fat thank you, my friend.
Ur videos r really helpful.
Thanks a lot .
Keep this up don't give up .
Ur channel will be big one day
This was very enlightening thanks for the content.
Amazing channel with insightful content, you should be getting much more subscribers soon!
What a informative video for me, Thanks a lot brother
Very nice explained!
Hilarious shade throw at the US election system! Very informative and well-done video!
Suddenly Became REAL SERIOUS When You Play That Clip
Does this only apply to certain countries or pretty much every country
The more you ''lie" the more I learn. You are definition of Simplicity
Thanks for the great contents, it enlightens a lot inside me.
Interesting video! Private equity industry & investment firms are about to be reinvented with blockchain. Something like Muirfield IP is utilizing blockchain technology to do exactly this.
I've been working on a project (invention) on my own for 6 years. I'm ~70% finished, but I want to speed up the process by collaborating with a guy. Can you please advice me what contract I need to present, or how should I go about?
Should I make my own company alone or should I start the company with this new guy? (keeping a 70% to 30% proportion of the company). Or if I'm the only one owning the company, can he own 30% of this project that we would work together on? (because the company might do more projects, in which I may not need to collaborate with the guy. So we would be tied up together only for this project)?
And what type of contract do I need to present him with? (for me its important that he doesn't expose my invention - keeping in mind that my invention is a bunch of theories which I cannot really patent, but when these theories are put side by side, they are very powerful. But I cannot patent any individual theory..). So I'm afraid he might steal my ideas and make his own company, thus my need for a contract.
It is a year od comment so its probably not relevant, but if you can afford it, simply get a good lawyer, he will make the job for you.
Thanks for the great info! easy to understand and well presented!
Wow. This video is worth a ton of gold. Thanks very much.
+John Hammer Thanks. If only it was worth your Patreon support... :)
More of this please.
This has been too informative!!
well explain Sean Parker
Thanks this will come handy in future please keep making these videos !
You're a genius. Let's work together
This is superb!
Als Jurastudent im 8. Semester mit Schwerpunkt Gesellschaftsrecht: saubere Leistung!!
Keep them coming man these are great!
This videos are simply amazing!!! Well donde friend!
Do another video like this plz
Great Content, man! Keep up the good work.
Great video! I really enjoyed it!
great animation and explanation!
Just amazing!!! Thank you
Subtitle error, 6'17" 'capital race' should be 'capital raise'.
+Stan Burrage Thanks a lot for spotting that! I have activated collaborative subtitles, so anyone can basically change them and I just need to approve (and I didn't have time to check all texts for all videos). Will change it as soon as I'm on my laptop.
Excellent videos. Thank you so much for this educational value :)
Very nicely explained, I am subscribing :)
More videos please
Damn, this was a very interesting video
Just the way AWESOME.. thank you million ways with No Dilution