Equity is complex enough in normal times, let alone right now
Announcing our $40m Series B led by Founders Fund to help founders and employees get more out of their equity
Read how Pulley is helping companies navigate the downturn:
Starting a company just got easier.
We’re excited to announce our partnership with
@clerkyinc
, so you can incorporate your startup, handle all legal paperwork, and get your cap table ready with a few simple clicks.
What can you expect?
🚀Launch your startup in seconds with
Shoutout to our friends at Iron Fish on their release of mainnet today 🐠🚀
@ironfishcrypto
's goal is to make web3 safe by becoming the privacy platform for all crypto transactions 🔒
Mainnet is a huge step toward that future:
1/ Iron Fish mainnet is live today, April 20th (4/20)!
#IronFish
is a new PoW L1. Our goal is to make web3 safe—enabling financial privacy while deterring bad actors.
*Every* transaction on Iron Fish is fully encrypted with ZKPs for validation.
Sign up in January, and Pulley will be free until your current cap table provider contract expires.
We will discount our prices so you don't need to double pay when you join.
Migrate with a few clicks and in less than a week.
Why make the switch? What makes Pulley different?
Acquiring new users is 5x more expensive than retaining users. Better support can reduce churn 💬
Meet
@finichatAI
, an AI agent turning your knowledge base into 24/7 chat support. Set-up only takes 2 minutes! 🤖
Kudos to
@deepsinglak
&
@hakimkaye
for helping teams retain users.
Even things designed to be simple can feel complex.
Knowing which type of SAFE makes sense for your startup can save a lot of stress (and dilution) in your next funding round.
Pre-Money vs Post-Money... What's the difference and why does it matter? 🧵
“You get energy from people you're helping and working with, and that makes a pretty good day, and for me, it came back to founders.”
Check out the latest article in Forbes featuring our CEO and Co-Founder,
@yinyinwu
Learn about her startup journey from early tech days to
Exciting news from Pulley: We're now offering 409A valuations in-house!
This addition is all about enhancing our support, speeding up the process, and delivering an improved customer experience.
Let's dive into the value that this will bring to our customers 🧵
1/ 70% of the
@Pulleyhq
team has previously started a company. We are a team of entrepreneurs building for founders.
How did we get so many prior founders to join someone else's company instead of starting their own?
We are explicit about how we work👇
How does your equity get taxed?
The 83(b) election is a common (yet often forgotten) tax election.
Here's how startup founders can save some serious money on taxes 👇
The fundraising terms you agree to can make or break your financial outcome.
Our new Term Sheet Scanner evaluates your term sheet - so you can fundraise smarter.
Simply upload your term sheet and our GPT-4 tool will evaluate terms, company impact, and industry standards.
1/ Pulley just had our best quarter ever.
More companies are switching to our platform than ever before.
We bringing back our "Switch to Pulley" offer to give more companies the opportunity to experience better cap table management.
Great job to the entire
@stripe
team for a flawlessly organized conference! From the check-in process to the speakers, everything was top-notch.
Thank you for your support and for inviting us to be a sponsor.
#stripesessions2024
We’re launching as one of the first apps in the new Stripe App Marketplace! Get ready for a faster, more transparent experience for you and your employees.
Introducing Stripe Apps. Embed custom UIs directly in the Stripe Dashboard and orchestrate the Stripe API to:
⏩ Simplify workflows
↕️ Add UI components to the Dashboard
🔄 Sync data with your systems
⤴️ Extend your product into Stripe
Looking to meet other founders at SF
#techweek
? 🤝
We are gathering founders & friends for a happy hour on 5/31, hosted with
@The_RoomPodcast
!
Join us to network, learn, and celebrate the founder community 🎉
Space is limited. Reserve a ticket via the link below! ⬇️
Happy 2023! 🥂
@pulley
is kicking off a New Year's Resolution ✨
Every week, we will profile a new startup to highlight some of the amazing companies being built 🏗️
First company of the year:
@tryFondo
👇
Tactically, fundraising is a skill like any other. You get better the more you do it.
But practicing gets you nowhere if you don't have a strong foundation in understanding a fundraising round's core components.
Here are the 5 key components of raising a seed round 🧵
web3 founders: how can we appropriately benchmark and fairly compensate with tokens?
Here are some highlights of what first-time hires are receiving in token options:
🧵👇
Step up your sneaker game! 👟
@SoleSavy
helps you find coveted sneakers at retail prices and connects you with a passionate community of fellow enthusiasts.
Whether you’re new to sneakers or an OG collector - come for the sneakers & stay for the community. 🌐
New feature announcement: Waterfall Modeling for Private Equity firms 👀
One-click automation eliminates spreadsheet errors and boosts efficiency.
From cap tables to waterfalls, here's how this is saving PE firms time (and possibly their reputation) 👇
Our very own
@yinyinwu
sat down with
@The_RoomPodcast
to discuss her journey as a 3x founder.
Podcast includes advice on:
- Working smarter, not harder
- Fostering a culture of innovation
- Building a founding sales team
Tune in now!
Today, we're thrilled to announce a new integration with
@coinbase
that makes token launches, distributions, and ongoing management more seamless than ever 🎉
🧵 (1/4)
A 409A valuation isn’t just about ticking boxes legally; it’s your secret weapon to craft motivated teams and steer the ship of growth.
We teamed up with
@puzzlefin
to give startup founders a complete guide to 409A valuations 🧵
Tired of searching 1M+ line codebases? 🤯
Meet
@BuildtAi
, the AI-powered tool that allows you to ask your codebase questions in plain English 💻
No more tedious keyword matching. Get contextual understanding inside your IDE, in real-time!
Stripe Sessions is back!
We are joining a panel to share advice on how to grow a successful business in an uncertain environment.
Come say hello to
@yinyinwu
and the team at the West Stage at 10:30 AM on Wednesday.
#StripeSessions
#startupadvice
Understanding your stock options and their tax implications is crucial.
Let's talk about the difference between Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs) 🧵
We’re headed to LA
#techweek
with
@brexHQ
! 🌴
Join our lunch & learn with guest speaker
@BlakeMichael14
.
Blake is an accomplished actor, creator, and GP at
@creatorled
.
Space is limited. Reserve your spot below ASAP! ⬇️
Tech is helping solve national challenges, like the nurse shortage 🏥
@ClipboardHealth
matches nurses with open shifts, ensuring seamless care for facilities and quick cash for nurses! 💸
Kudos to
@gabaluschi
and team for growing this marketplace business and changing lives! 🩺
What this means for web3 teams:
✂️ Reduce the operational burden of Day 1 launches and future distributions
🧮 Move away from complex calculations stored in unwieldy spreadsheets
⏰ Access a single source of truth for both tokens and equity
🧵 (3/4)
@tryfondo
@tryFondo
makes bookkeeping easy for startups. Fondo helps manage your accounting and taxes so you can focus on scaling your company.
Startups who use Fondo get back an avg of $21k in rebates.
Check out their founder’s guide to corporate taxes:
After helping 1,000+ founders with their corporate taxes, we're excited to launch "The Founder's Guide to Corporate Taxes" on
@ProductHunt
Here's the TLDR on the tax deadlines you can't ignore 👇
Curious about what we've been working on? 👀
The goal behind everything we build is to make it easier for founders to scale their startups and make it easier to hire & fundraise.
We're excited to announce 7 new features that we think you'll love 👇
Bonus: here's a sneak peek into 3 features coming soon 👀
💳 Wallet connect support: stakeholders can connect a wallet of their choosing when signing and editing token grants.
1/ Web3 Founders:
@Pulley
is excited to announce that we now support Token Tables
Token Tables work alongside our core Cap Table product to help manage token distributions, taxes, and cost-effective token valuations
Want early access?
Details below 🧵
Join us in person or livestream this Thursday, April 4th.
@jess
of
@Adverbvc
is bringing together our CEO
@yinyinwu
, and
@digits
CEO
@jeffseibert
, to discuss AI's impact on finance and how to stand out in crowded markets, secure funding, and scale.
Simplify your crypto company's finances with
@multisHQ
! 💼💰
Multis helps hundreds of web3 companies manage their finances in one platform.
Through a new partnership, users can offramp
@Safe
wallet funds to any bank account instantly:
Join
@aspec00
Co-founder and COO of
@AbstractOpsCo
and Neil Tewari of
@pulley
on August 11 2021 at 10am PST for the third monthly installment of “Mastering Startup Operations.” hosted by
@founding
. This month’s session is focused on how to manage equity.
Congratulations to the 2023 YC Top Companies!
There are now 16 public YC companies, 290 private YC companies and 33 exits that are valued at over $150M, and over 80 that are worth more than $1B.
Pulley was selected as one of Forbes' Fintech's top 50 startups!
2022 and 2023 have been tough years for founders and employees. We're excited to represent captable and equity management on this list, and support many of the founders scaling their teams.
Artists can now take control of their creativity and license their music on the blockchain with
@hedsDAO
Their hedsPLAYER was just released for public minting - listeners can toggle stems from 15 different heds artists 🎵
Try it out here:
Excited to welcome
@becker513
as head of design to
@pulley
🙌
You know you’ve hired someone great when people email you out of the blue asking “how did you close them”.
We’re excited for Dan to join because...
Over the years,
@pulley
has helped thousands of founders navigate the startup journey.
This month we are going to share tactical launch tips to get you from 0 to 1 faster.
From ideation, here’s how you can start a company in 4 days 🚀
Join us tomorrow at the Emerging Managers & Founders of LA for a
#techweek
Happy Hour hosted by
@fractionalapp
,
@BrexHQ
, &
@Pulley
🌴
Emerging VC's and founders are invited to come network!
Invite only event -- request an invite here: ⬇️
😊 There's nothing better than hearing from customers who switched to
@pulley
and had a great experience.
If you love a product, send a note to the founder. I guarantee it'll make their week
We're excited to show you Custom Reporting!
We've built flexible, custom reports that help you generate the reports with the data you need straight from our platform.
Join our live webinar next week to see it in action:
It's crucial for founders to understand how RSUs are taxed.
This will help navigate communications with employees around potential equity windfalls and calculate the actual value of equity grants.
Here is how Restricted Stock Units (RSUs) are taxed 🧵
It turns out that starting a startup and starting a family aren’t all that different from each other.
Read how co-founder and CEO
@yinyinwu
uses
@NotionHQ
to manage both
Start a startup or start a family?
@pulley
founder
@yinyinwu
chose to do both — at the same time.
Now, her 2-year old and her startup are growing up fast. Here’s how Notion helps her make time and space for both 🗓🍼
Equity Mgmt:
“Tokens face the same problems late stage equity does. You have to track vesting, calculate taxes, get valuations and manage distributions. We’re the only platform where you can manage the token cap table from idea to launch and scale.”
@yinyinwu
founder at
@pulley
Exciting news for
@techstars
founders!
Pulley now supports Techstars’ convertible note 🎉 which means cap tables just got a whole lot easier!
If you’re a Techstars company getting ready to fundraise, use Pulley to model out your next round quickly and accurately.
There are countless ups and downs you’ll go through while building your company.
In a recent sit-down with
@The_RoomPodcast
,
@yinyinwu
shared these 4 pieces of advice for today’s founders 🧵
Wall Street's bots have met their match!
@InvestWithPluto
created an AI-powered investing copilot that researches, tests, and activates new trading strategies for you.
It's as simple as chatting with GPT:
🚀 Meet your AI investing co-pilot at ! ✨
✅ Quick-test Automations
✅ Chat with GPT-4-powered AI for insights 👷
✅ Sandbox trials to perfect your Automations
✅ Autogenerate data viz with real-time data📈📊
& more!
#AICopilot
#Investing
1/ How do you get the most from your teams as work norms are shifting? Where do People Ops Leaders apply AI? How do you engage, motivate, and retain Gen Z workers? How do you assess whether remote, RTO, or hybrid is best for your company?
@puzzlefin
What's a 409A valuation? 📊
This process determines the accurate value of common stock, impacting stock option prices.
Required for equity-based compensation, it's named after Section 409A of the IRS code.
Learn more about how web3 companies are leveraging tokens with innovative approaches to allocations, vesting, and unlocks.
Click the link to see our full report.
👇
Unlock the power of contracts! 🔓
@PramataCorp
simplifies contract management, giving teams insights for stronger customer connections. 📂
Their GC, Foster Sayers, will be speaking on a few upcoming panels regarding the ethics of ChatGPT. Stay tuned for details! 🧠
Some companies really knock it out of this world 🌎
Varda is building the first space factory. They bring high-value materials that can only be made in microgravity, back to earth.
Join
@WillBruey
,
@zebulgar
and the
@VardaSpace
team to build in space 🚀
Take control of your financial future with
@Compound
! 📈💸
Their platform supports startup founders & employees - providing tools & advice to optimize stock options, taxes, and more.
Tax season is here! Read their thread on startup stock options & taxes:
“The Collison installation” helped
@yinyinwu
unlock insights about blindspots early founders can have about their equity.
What are the equity gotchas that can disrupt your founder journey?
Check out Yin's interview with The Social Radars here:
Investors have seen hundreds of term sheets - but you may be seeing your first.
Pulley levels the playing field by making it easier to understand your terms.
@puzzlefin
Why is it essential? 🔑
The 409A valuation isn't just an IRS rule – it fuels a motivated team!
By setting the right exercise price for stock options, startups attract and retain top talent.
It's a balancing act: not too high to deter, not too low for tax penalties.
web3 companies can now streamline token launches & distributions from Day 1.
How it works: Projects custody their tokens on Coinbase Prime, while Pulley automates distribution, vesting, and tax withholdings.
🧵 (2/4)
2/ SAFE vs Equity Rounds
Post-money SAFEs are the most common way to raise. Use YC's standard SAFE docs to save time and money.
Think of a SAFE as an IOU for future equity.
We will detail SAFEs in the coming weeks. Here's a quick glimpse:
Even things designed to be simple can feel complex.
Knowing which type of SAFE makes sense for your startup can save a lot of stress (and dilution) in your next funding round.
Pre-Money vs Post-Money... What's the difference and why does it matter? 🧵
Last week our CEO
@yinyinwu
sat down with
@The_RoomPodcast
to talk about her journey as a 3x founder. She shared her advice on finding PMF, pivoting, and fundraising in this environment.
Episode drops soon. Be one of the first to listen by subscribing:
Congrats to
@thivz
and
@HeraFertility
on the new website launch today!
1 in 6 families struggle with infertility. Hera Fertility is creating a better experience for fertility care! 👶
Check out their new site:
Hey startup founders - some of you have been asking about 409A valuations, so we got help from
@pulley
!
@pulley
's 409A valuation will be your superhero🦸♀️ in calculating your startup's Fair Market Value (FMV), & it adds charm to your employee incentive plans.
Learn more ➡️
We’re thrilled to sponsor this year’s
@Stripe
Sessions in San Francisco! 🎉
Will you be there? Stop by Booth 302, say hey to our equity experts, and snag some exclusive Pulley merch while you’re there. See you next week!
#stripesessions
Missed our
#StripeSessions
panel discussion? Don’t worry - we’ve got you covered!
Here are our top 5 takeaways for startups trying to scale in this macro 🧵
Revolutionize your driving experience! 🚗⚡
@comma_ai
turns regular cars into semi-autonomous ones, making driving safer & more enjoyable. 🤖🛣️
Upgrade your ride with cutting-edge AI technology! Check if your vehicle is compatible:
Keep fishy business away from your crypto, NFT, and card transactions.
@sardine
makes payments faster and safer, while reducing fraud risk, in one API 🎣
Stay up to date on the newest fraud warnings with
@soupsranjan
@adityagoeleth
@zahidshaikh
👇
@puzzlefin
When do you need it? ⌛
A 409A valuation is a must before issuing stock options or after significant financing rounds.
Staying compliant means conducting it every 12 months, even without major changes.
"Hiring is easy" - said no startup ever.
@DoverHQ
helps startups attract & impress top talent. They provide a candidate experience that has 2x the close rate.
We're lucky to have worked with Dover.
Layoffs are hard on everyone, but Dover is here to help
Layoffs are tough for everyone. That's why we've put together a master list of 20,000+ recently laid-off candidates looking for their soft landing (aka passive talent that's anxiously awaiting your recruiting emails) - check it out @ .
Excited to share that Pulley was featured at
@beondeck
's talent demo day. We met a number of talented job seekers. Thank you OnDeck and the
#OD50
team!
Pulley's hiring across all roles .
Come join us!
Curious about the future of crypto in 2023?
The team at
@BitwiseInvest
compiled 10 interesting predictions for 2023 👀
What are your thoughts on their bonus prediction? 👇
ICYMI - Check out their January investor newsletter:
@puzzlefin
Costs and timing ⏳
Depending on the firm, cost can vary based on your startup's complexity and size. The average firm takes 2-4 weeks.
However, with
@Pulley
: 409A 's are included in the Growth plan and you will receive your valuation in less than 5 days.
@puzzlefin
Bonus tip: to prepare for your 409A, make your life easier by using an accounting tool that can give you real-time financial reports.
Our friends
@puzzlefin
can help give you real-time financial clarity, generating 409a-ready reports in minutes.