Career Management- Time to Find Your A-Game

Dave Kellogg, CEO of Host Analytics, wrote a great post for CXO’s about career management. It’s a very good read for technology executives. One of Dave’s points is that “Boxes matter.” “For better and for worse, Silicon Valley — the valley of innovation — is incredibly “in the box” when it comes to hiring.  Companies want to hire experienced people in known roles.” We definitely find this “boxes matter” attitude to be true when we are recruiting at the CXO level.  Our portfolio companies are generally less likely to hire untested or unproven execs. An external recruiting firm like Kindred faces a challenge to […]

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Changing the World

We love working with founders and teams who have massive goals and a vision to change the world as we know it. Who doesn’t want to do worthwhile work? And we are lucky to partner with— past and present— companies that truly have changed life for the better, maybe through technology discovery or new ways to communicate or new ways to make our lives that much more efficient. We’d like to pass on a big “Thank You” to Ben Rattray, Jen Dulski, Brent Ayrey and the Change.org team for their drive to help all of us to affect change— locally, nationally and […]

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Offer Letter Part 6 – Acceleration & Change of Control

ACCELERATION & CHANGE OF CONTROL  In previous posts, we’ve covered a good portion of what you would expect to see in a typical CXO offer letter, and we’re up to some of the important terms.  Accelerated vesting on a change of control (COC)- typically defined as a sale/transaction of more than 50% the company- is an important part of any offer, whether it’s actually in the offer or not. If there is an acquisition, what happens to your equity and its vesting? Some definitions first… Single-trigger acceleration- if your company is acquired, then X% of your unvested equity will immediately […]

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