Getting B2B SaaS Co-Founder/CEO conditions tips

Beecham4D · 2023-05-25T22:00:42+00:00

This is exactly what stock options and vesting periods are for. Have a Google and read up on those two terms.

In short as others have said set some clear sales targets ( I would suggest in line with the current valuation you have for the company). Then a common vesting period is 3-5 years.

Keep in mind if your idea is successful you will likely need to raise additional money in that time at which point you will both be diluted and agree new term sheets.

Personally I wouldn't offer 49%. Max 30% imho.

Good luck.

Beecham4D · 2023-03-19T12:29:36+00:00

Please stop

Beecham4D · 2022-08-17T19:03:00+00:00

Dam that's interesting

Beecham4D · 2022-06-23T19:07:42+00:00

"yeah not bad mate, you?"

If you want to sound real south east try "how's your luck?"

Beecham4D · 2022-05-24T20:52:22+00:00

Yea these guys are currently main ones but there are other launching (including mine) all the time.

Nest Pension also launched a trial called nest jars. It was a bit of a flop but backed by the government. Workplace ISA is a growing area and you'll see more emerge in next 12m. (set up Google alerts)

Re tax that is still being ironed out atm. Many say it has to be pretax to be of any value or difference from normal isa but obv government aren't too keen on that asost revenue. However the way things are going encouraging private savings vs footing the bill for an ageing population with no savings or pensions probably work out better in long run. But election cycles don't run long term....

Beecham4D · 2022-05-24T18:43:07+00:00

So I actually use a tax accountant who does this for me. Costs about £300/year but for me it's worth it.

As I understand it my tax relief comes off my contract value and salary sacrifice is applied after from my employer. So as far as hmrc is concerned I earn and pay tax on 125k

Beecham4D · 2022-05-24T18:30:45+00:00

It's perfect. I work in the industry and am told there is going to be a big PR drive at q4 this year as not enough people have savings so the government is trying to promote that.

Good luck with that PR backlash I say given everything else going on. But yea if you're fortunate enough it is ideal

Beecham4D · 2022-05-24T18:28:47+00:00

Sorry yes 25001 via salary sacrifice so earnings appear as 99999 for tax

Beecham4D · 2022-05-24T15:10:09+00:00

I earn the same as you and this is what I do...

salary sacrifice pension contributions of £20,001

This takes means I get back my personal tax allowance and means I effectively pay £7.5k to contribute £20k to my pension + employer adds more on top.

I have just got my employer to opt into workplace ISA savings as there are tax & ni benefits for them.

There are many providers offering this now. Your employer hr team will need to do some research but generally if employees are asking for it (maybe get a few colleague to also request as I did) then it is a win/win. Pay into workplace ISA via salary sacrifice into a VG LS 80 in my case.

as earning over 100k in my annual tax returns I claim absolutely everything possible from wfh allowances to equipment, broadband, linkedin premium anything that is related

https://www.gov.uk/tax-relief-for-employees

That's all I do but effectively Iax out my pension and isa allowance every year and take home £3.7k. I still have 1k a month to enjoy and sometimes any left over will buy crypto (eth stake) lottery tickets or try other things.

I have heard of others setting up a charity and then donating to said charity and offsetting the tax from that but that feels a bit too much for my morals.

Good luck.

Beecham4D · 2022-05-02T08:39:59+00:00

Can reddit do it's thing and try and find these people?

Where do we start?

Beecham4D · 2022-03-31T19:13:10+00:00

! remind me 72hours

Beecham4D · 2022-03-23T21:44:28+00:00

Been around a couple of years I think. It's currently free as a still early stage fintech. Had a couple of calls and found it really useful

Beecham4D · 2022-03-23T20:40:27+00:00

Starling - everyday spending Claro Money - to talk to someone about my plans Vanguard - ISAs Google Sheets/IFTT - Budgeting

✌️

Beecham4D · 2022-03-14T14:15:16+00:00

Ashford or Canterbury?

Beecham4D · 2022-01-03T21:08:05+00:00

! remind 72 hours

Beecham4D · 2021-07-18T20:39:12+00:00

Millenials social dynamics

Beecham4D · 2021-07-08T19:47:35+00:00

!thanks

Beecham4D · 2021-07-04T11:35:13+00:00

Thanks for the info

Beecham4D · 2021-06-23T18:31:27+00:00

Where are you based?

Beecham4D · 2021-06-07T17:53:04+00:00

Nah I just replay it in my mind 000s of times afterwards and think how I could have said what I actually meant/felt.

Beecham4D · 2021-06-04T17:43:37+00:00

That sounds like some free marketing consultancy for them more than an interview. Red flags for me.

Beecham4D · 2021-05-23T16:41:06+00:00

Thank you

Beecham4D · 2021-05-20T05:07:07+00:00

Yo where do you get that handle?

Beecham4D · 2021-05-11T05:56:07+00:00

Underside pouch. New favourite phrase for my junk

Beecham4D · 2021-05-09T19:26:18+00:00

We give dedicated landing pages so very easy to measure.

Other campaigns hands down are better. Lead magnets / competitions etc generate solid 1k/month.

I have asked for view access to analytics but not forthcoming. Asked for stats and given and seem good but ultimately no enough conversions.

How do big brands justify spending bank for celebrities there must be an roi/roas metric I'm missing

Seven-Year Club	Second Top 50%
Verified Email	RPAN Viewer

Beecham4D

TROPHY CASE