Announcing MBA Mondays Live
I promised to do this a while back but I've been slow in making it happen. MBA Mondays Live is finally happening.
The first class will be on Monday April 16th in the USV Event Space from 6pm to 7pm. The topic will be Employee Equity.
This will be a lecture class. I will be using the whiteboard to lay out the basics of employee equity; how to issue it, how to structure it, and how to figure out how much to give.
There are no prerequisites but I would very much like this class to be limited to founders, co-founders, and/or the finance team in their organization. The class is limited to 75 people because that's the max size of the USV event space. There is a $25 charge to attend this class. Proceeds are being given to The Academy For Software Engineering.
We will livestream this class and archive it. There will be no charge to watch this class live or via the archive. I don't yet have the details of the livestream and archive but I will post the details before the date of the class.
I plan to teach MBA Mondays Live every few months, always on a Monday, always in the USV event space, and always on a topic that I have already blogged about on MBA Mondays.
Tickets to the April 16th class are being sold on Skillshare. You can get them here.
Comments (Archived):
Good stuff ..
Great idea, wish I could attend but thanks for streaming and archiving. Hope you’ll also consider recording it and sharing via the MBA Monday SoundCloud account. #kudos
yes, we will do that too
I tried. But Skillshare just gives me a 400 error when trying to log in.
i am not getting that error. where are you trying to connect from?
iOS. Really wish their mobile interface was slicker for these morning impulse buys. ;)Sent from my mobile
I registered with my iPhone without any issues. What problems did you encounter?
I got a 400 error and a CRF token issue (dunno what that last bit is all about)I shoulda taken a screenshot.Sent from my mobile
Do you remember what the url was for the page you got the 400 error? I’ll look into why that happened. Sorry about that!
simulcast at our space in boston?
it’s livestreamed. you can do that if you’d like. you can make it free or if you want to use skillshare to sell tickets, you can do that too. but please give the proceeds to charity if you do that.
oh – i’ll make it free for sure. At a min i’ll have our group watch it.
Awesome. Will watch it
Love it – #payingitforward
Ah. You’re feeling patriotic. All the best for today! 🙂
Greetings from Stockholm Fred.This is great and thank you so much for the possibility of live broadcasting!
hey fred -love this. just sent you email with an idea for the shooting, livestreaming and archiving. let me know what you think…
i saw the email but haven’t opened it yet. i will and reply.
Just signed up and looking forward to this! Happy to support The Academy For Software Engineering as well.
Great idea.I’ll pick this up on the stream. I always considering scribbling on whiteboards as close as I could ever come to grafitti with meaning and sometimes appeal.
i hope you go on tour…..start selling merchandise….i def want a fred wilson 2012 world tour t-shirt…..great way to instantly connect with other fredlanders…….glad to see the blog star business model in action!
With @fakegrimlock:disqus ‘s chicken? https://twitter.com/#!/FAKE…
I have a feeling there will be a whole line of @fakegrimlock products eventually released. It will be epic..
US SEE WHAT HASBRO LAWYERS SAY ABOUT THAT. ‘<
IMHO it’s art, and in Canada I believe copyright would allow that.. though IANAL
Play your cards right, and you can buy the rights.
BUY RIGHTS TO TRANSFORMERS, MAKE SURE MICHAEL BAY NEVER TOUCH AGAIN, THAT DREAM OF GRIMLOCK.
Hahaha, I wanted to fight Mr. Bay after transformers 2.
I don’t know, but I saw a book about how to knit dinosaurs that would be perfect for him. He could adapt one and make himself a sweater?
NO ONE MAKE ME, GRIMLOCK, SWEATER! ME DINO, STAY THAT WAY!
Dinosaurs don’t get cold in over air-conditioned buildings?
YOU MISS JOKE.
jokes tend to go over my head with a whooshing sound – not surprised 🙂
ME SEE WHAT YOU DOING HERE — HURR HURR (If you ever need to take a vacation, I can fill in. Speak robo dino on occasion. Good rates.)
i don’t like to travel. i’m a hermit.
How do you manage that when you have startups in your fund from around the world?
i travel. but i don’t like to.
Think I once read a comment you made…something like, once your son leaves for college, the GothamGal might make some trips w/ you.
yes. i don’t mind traveling with her on vacation. in fact i like it. but i don’t like traveling if i’m not relaxing. i do it, but i don’t like it.
I have the same experience, travelling for fun / adventure/exploration is awesome. Travelling for work is tight, uneasy, and difficult.
You just need to find a yoga studio / class / workshop you can look forward to going to once at your destination. 🙂
i cant stand it. My last company i was back and fourth to asia every 2 months. I have not actually left boston on a plane since last june! 2 kids and a start up will do it – i’ve turned meetings in to phone calls with west coast folks. not saying that face to face is worthless today – its not – but i never found my “road warrior” groove – i think its a myth. When i hear people say that they are travelling like dogs as a measure of how “busy” they are – i kinda wander how productive they really are.
Maybe some day a live conference of all your trusted peers/collaborators gather in one spot for a weekend of nonstop startup learning…..fredstock. or fredapalooza!
FRED BY NORTHEAST.FXNEINTERNET, MAKE HAPPEN!
No thanks.
ha! AVCers on a plane / bus / train 🙂
planes, trains and buses – you have a captive audience
Let’s make the t shirts happen. You get a design and I will get them printed. Anybody out there?Let’s get a design together and let’s move some merchandise.Otherwise I will have to print up some “pay window” shirts.
CALLING TWO WORDSFAKE GRIMLOCK
WILL CONSIDER. DEPEND ON SCHEDULE.
Looks like you’re getting more and more famous..http://mashable.com/2012/03…So surreal.. 🙂
THAT THE PLAN.
deservedly so
@fredwilson:disqus Absolutely
had to watch all the interviews, caught Reece’s Google+ post yesterday
Dino charges pay window.
I say just do the pay window shirt
We used to have a weather forecaster in Los Angeles named Fred.There were billboards all over the city with the words “Fred said it would be like this.”As I watch trends developing that Fred blogged about one or two years or so ago (mobile, android, etc.), I think about those billboards.
i been thinking about this for a while — since you issued the challenge i will have to accept! i’ll try to mock up some designs for fredwear and send them over to you. of course, it is a high probability event that there is a member here who is a much better designer than i am — but perhaps i can get the ball rolling and they will be inspired to take it up a notch.
OK, I have a design and I am ordering tee shirts tonight.Comfort color brand shirts.Soft and comfortable.They will cost about $8 to make. They will be a surprise. All proceeds to charity.I am making 144 of them.Throgs Neck Ventures, anyone? Could be?
nice! looking forward to ordering mine!
Where do I place my order?
send me the link
JLM- I have a dead easy way for you to put them into a shopping cart/payment process using ShopLocket https://www.shoplocket.com/. It takes 2 mins to set-up. I’ll send you a secret link because they are in private beta.
If nothing else, you’ll be Fred’s #1 groupie (but keep it clean!).
I’ve just registered. Coincided w my next trip to NYC. And the topic is very timely for where we are.
Hi William,I just signed up as well – I will look forward to catching up w/ you. I am anxious to get the engagio update – still a very happy & engaged user
Thanks John. Likewise. We have a few things cooking in the oven, of course.
seeing an avc regular from another country in person is a pretty cool benefit to the class. actually, just seeing all the avc people in person would be sweet. maybe post-class drinks and chit chat are in order? i made a meetup if anyone else is interested:http://www.meetup.com/AVC/N…
I’d be pro that
Hi Shana any chance you attending these events 2X
by twice you mean? attending/not attending?
Attending Class and the after event?
hmmm, maybe, haven’t decided yet
Good idea. We did that after the last Donors Choose. Actually I had reserved a corner at Punch which is next door & we just rolled over there from USV.
excited for the class. not excited about the hell paypal put me through when trying to purchase tix. i had to get a friend to purchase the tix… and it took about 10 minutes and 15 screens for him, too.complaints about paypal’s experience and customer service are legendary. so why do people still continue to hold them as the standard? especially when there are plenty of other options available? anyone else feel my pain?
i will share that feedback with skillshare. thanks for sharing it with me.
no problem
Does Skillshare use Dwolla to accept payments domestically?
not that i know of
The one time times I used Skillshare were before USV announced its investment in Dwolla. Just figured your portfolio companies would start using it where it fit.
Did not see that as an Option – I thought I would.
If you don’t have a verified and funded Dwolla account, you might have to wait a few days to pay that way, but from USV’s perspective, it would seem like a good idea to offer it as an option.
Minor – on the dash board it only shows the photos/avatars of the first 18+/- people who registered (first) – wondering why they don’t update UI to show or expand to show all attending – like meetup.I am bummed I did not sign up soon enough to be pictured
Skill Share…I was first a little frustrated that they wanted me to sign up w/ my FB account ( I have one…but rather not use it for business stuff) – I very much rather do twitter sign in. i had to scroll down to by pass FB account creationI was also a little frustrated that the I had to use Paypal, got over that quickly when I could use AMEX as part of paypal.
I didn’t like the PayPal either, but didn’t see that you could switch to a credit card as part of it.
I don’t sign-up of for anything with FB or Twitter (well, I’ve made one exception for the latter). If there’s no unique sign-up, I’m out. “Frictionless” has more than one definition when it comes to personal preferences. I hate when sites try to be so “in” that they don’t provide direct signup. Re. PayPal: the online payment arena is ripe for change (as Dwolla) is attempting, but I’ve never had difficulties with PayPal except for the horrible UI. The system does work, but one always feels a bit flogged afterwards.
I once signed up for an account w/ Erly.com. I think i used FB and it worked great – quick, easy, friction less…vs name, rank, serial #. It even brought my profile pic over – I was impressed….My only issue is later in life trying to remember how to log in _ did I create account using FB, Twitter, or set up my own account….then you may end up having multiple profiles which might be a real pain to merge…..I am thinking about building an app…and will likely make it easy to sign up w/ these connectors…just trying to figure out a way a user can log in easily w/o remembering what service they used to provision the account.
John, part of my resistance with “easy” signups is I don’t like sharing my path with every other company. Facebook is never an option for me (they change my privacy settings at will, I’ve unsubscribed to get alerts from others’ updates and now I’m getting them every day again… etc… etc… ZERO trust there). I’m not a fan of contributing info to companies whose revenue model is data mining unless I’m specifically interested in providing my data for cause. And, as you have mentioned, I can remember how I sign up if I sign up directly with every site. Typically, when one signs up to a service they receive a “welcome email” which gets saved to help me remember which email address I used and any other specifics.
What a great way to extend the online community into the real community, creating a space to allow for a gathering and real engagement. Exciting. This is the type of connecting people want more of, want more opportunities for, and doing it around learning is win-win-win.
What are your thoughts about the equity compensation for a skill based cofounder brought in during the bootstrap phase. What is the best way to tie the equity to performance? vest over time? Tie to performance? vest at seed funding round? Include language that allows for removal not withstanding the vesting?
i like a four year vest. i would try to give them restricted stock instead of options since the equity value is low and a grant of stock will not generate a ton of taxable income
moores law sais 4 years will become 3 soon no?4 years strikes me as a long time today.
I just registered. Perfect timing for where we are.
This is so great! I’ve been looking forward to this since you mentioned it after funding Skillshare. And giving the proceeds to AFSE makes me want to pay more than $25.
Donor’s Choose and Academy for Software Engineering – that going to happen?
it’s up to the teachers but i suspect it will
alright! (don’t take this the wrong way, but I have a preference for donating directly, which is why I have such a bias towards donorschoose)
Hello Fred, I purchased 2 tix under my name, one for myself and one for my honorary CFO. Looking forward!
http://www.skillshare.com/E…No prerequisite noted, why not have people read the MBA Posts 35 to 43…or will that steal thunder of your lecture.
they should do that. i will let everyone who gets in know that there is required reading. thanks for suggesting it
Gone to the next level of teaching the the jedi arts, you have..
Fred, Please charge for the livestream – something nominal like $5, and use a simple service like Gumroad.com (you make payments through a simple link).Here’s why – 100 people paying $5 is $500 towards the academy.You have done a hell of a job raising money for charitable places and this is another great one!A comedian recently did this and make over a million bucks and gave over $200,000 to charity.Think about it.
I’m into paid live teaching funding free online learning all around the world. I think its the new model for education
Besides seeing you in the flesh, do live attendees get any advantage over remote ones, like asking questions? And will you take Q over Twitter for eg?
yes, the live audience gets to ask questionsi wasn’t thinking the livestream audience would get to do thatbut i do need to think about twitter
Fred, This is what I was thinking.Charge for the livestream ONLY but let the archive version be be free. The live version has chat where the people watching can actively participate and ask questions. It’s just like they are in the classroom.Ask the livestream guys about this.
hmmlet me think about that
i would totally pay for the livestream as a donation; awesome x awesome.
or even make it avail via a suggested donaton style system ..suggested donation $5 …but can still pay 0.
Hey Andy,Good idea. Fred’s content is worth way more than $5.He can leverage is investment principle of – community of highly engaged users.
for sure!
This is huge.Words >>> sound >>> visual >>> physical.Personal and professional brand going nuclear.Fred, if you are this insightful and this was your plan all along, you are a very scary brilliant cat.If you have stumbled down this road, you are a very insightful and lucky cat.You should take a long moment to think about how to monetize the channels of distribution. As it is for charity, you could be fairly aggressive and still sleep at night.Wow!It goes without saying — WELL PLAYED!
I’ve stumbled onto everything in life JLM. I am a very lucky man.
Lagniappe, really. I know exactly what you mean, mein freund.The earlier you get up, the luckier you get.
i slept to almost 8am todaybut that’s because i was up at 5am all week
Ouch, travelling?
When I get lucky it’s usually very late at night.
I too believe that luck is a reward for the hard working / honest person.Everything comes to you in due time, and luck is the combination of timing, being there, and doing the right thing.With every passing day that one does the right thing, they increase the odds of them being lucky.In life, and in business.
I think that his generosity of spirit is a huge factor as well.
Posted first favorite phrase above. Second favorite is from Edna in The incredibles – ” Luck favors the prepared.”
LUCK WHAT HAPPEN WHEN LIFE SMASH INTO BRAIN SMART ENOUGH TO HOLD ON.
^10
I’m a huge fan of my grandfather’s phrase, which was always repeated by my mother – “I’d rather be lucky than rich.”
It’s interesting where synergy can happen, especially when you’re mostly only doing what you want to be doing – where work and personal can align then the results I see can be exponential due to no wasted energy or inefficiencies created.Extensions seem to evolve naturally, where they can, with little mental friction, with enough time and planning.This is the opposite of course of trying to force something, plans or an idea – or forcing yourself into doing something you don’t enjoy. This will fill space that otherwise would be free to allow more fluidity in thought and emotion, and eliminate space for things to naturally, organically evolve – preventing your mind from exploring deeply of where things can lead if you allow the space for them to evolve that way (which would help to include a bit of strategic serendipity).I’m in a bit of a philosophical mindset today. Apologies if this reply feels like a huge tangent or off topic. 🙂
Nailed. It. Well played.
Thanks.
Zen life/work balance.
Fred’s the perfect case study for how the future celebrity, educator, mentor, activist / politician will exist. And it makes sense, afterall he has been helping guide to have the tools developed and available that he’s wanted to see exist and being of value to him, and therefore also everyone else.
I’m not sure many could pull it off the way Fred has (and similarly Seth G, Howard Lindzon, and Brad Feld have). These guys appear to have frightening reserves of energy and enthusiasm.
Why don’t you consider using this occasion to make it up there with your wife & attend this inaugural session.
In San Fran that w/e.
Hi Fred, Livestream’s production team is happy to help Livestream the class. In any case I bought my ticket ! Max
Thanks. I may take you up on that.
Max,I’ll email you to setup the Livestream for the class!Michael
Teach Cancellara how to sprint.
wow– monday night pro basketball at USV?! That is 1 diversified venture firm! (i can’t be the only 1 who initially read the title that way).Seriously Fred. You’ve been a key mentor of mine, and I’ve learned so much about the venture business via your blog. I am very excited to get and share even more value by watching those archives.
Thanks for doing this, Fred. Something good in many ways: help the community learn; provide more exposure and funds for the academy; continue to build your brand (USV’s and FW’s) so that more good can be done moving forward. Cheers!
Fred, out of curiosity, were you still at MIT when Stewart Brand wrote The Media Lab, Inventing The Future At MIT?
i don’t think so
Fred – just sent you an email about doing the live streaming for you. We’d love to handle it end-to-end for you. Braydon
i am pretty much committed to using livestreambut i really appreciate your offer
You should reach out to @bhunstable at U Stream ( Former Army Officer West Pointer ) he has some ways to help on the monitizing front
Thank you!
Great idea.
Excited to see this come to life.
Yes!
Great idea, Fred. I will definitely listen it live whenever I can. Would you also consider having guest lecturer in future classes?
Could be an ideal target for live stream offsite meetups for non-locals.
Fred! So glad to see you living out the dream of being a teacher – this is incredible. Thanks so much for putting this out there, I’m going to really enjoy it.
Where is the link to the live stream?