8 episodes

Startup Wealth is a podcast for people who work in startups — or in companies with a startup attitude.

We explore financial success and lessons learned on the journey to long-term security. Every episode offers insights and advice about making smart financial decisions, as well as strategies for protecting and preserving wealth. Guests include seasoned executives and advisors who share insider takes on entrepreneurship and what it’s really like working in a fast-growing tech company.

CPA and Certified Financial Planner Joyce Franklin is your host. For more than 25 years, she’s helped people in the tech community successfully navigate the tradeoffs that come with being part of a thriving organization. Through this lens, Joyce guides guests in discussions of the challenges and opportunities that arise before, during, and after an IPO or liquidity event.

Startup Wealth Joyce Franklin

    • Business
    • 4.9 • 10 Ratings

Startup Wealth is a podcast for people who work in startups — or in companies with a startup attitude.

We explore financial success and lessons learned on the journey to long-term security. Every episode offers insights and advice about making smart financial decisions, as well as strategies for protecting and preserving wealth. Guests include seasoned executives and advisors who share insider takes on entrepreneurship and what it’s really like working in a fast-growing tech company.

CPA and Certified Financial Planner Joyce Franklin is your host. For more than 25 years, she’s helped people in the tech community successfully navigate the tradeoffs that come with being part of a thriving organization. Through this lens, Joyce guides guests in discussions of the challenges and opportunities that arise before, during, and after an IPO or liquidity event.

    Luck, Probability & Decision Trees: VC and Entrepreneur Peter Herz

    Luck, Probability & Decision Trees: VC and Entrepreneur Peter Herz

    Peter Herz is a serial entrepreneur turned venture capitalist. Currently, he is general partner of 1st Course Capital, a VC firm focused on early-stage food and agricultural companies. When Peter faces tough decisions—like selling a concentrated stock position, considering investments, or choosing from a variety of paths for his portfolio companies—Peter uses a powerful tool called a decision tree. In this episode, he explains how he assigns probabilities to the various branches of the decision tree, and how this helpful tool keeps him from losing everything.
    You can create your own decision tree using the resources in the show notes. https://treeplan.com (Here’s a plug-in for decision trees) and other elements to support decision analysis that works on top of Excel. The link for 1st Course Capital’s decision modeling for investments is available here.
    https://www.linkedin.com/in/jpeterherz/ (Peter Herz's LinkedIn)
    https://www.linkedin.com/in/joyce-franklin-0423a91 (Joyce Franklin's LinkedIn)

    https://www.jlfwealth.com/podcast/ (Decision tree graphic from Startup Wealth)
    Decision tree model templates
    https://treeplan.com/ (Decision Tree add-in for Excel)

    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)
    https://www.amazon.com/Startup-Wealth-Entrepreneurs-Financial-Long-Term/dp/0991617223/ref=sr_1_1?keywords=joyce+franklin+startup+wealthandqid=1638891970andsr=8-1 (Read Joyce's book, Startup Wealth: The Entrepreneur's Guide to Personal Financial Success and Long-Term Security)

    • 12 min
    Breaking the Media Glass Ceiling with Robin Wolaner

    Breaking the Media Glass Ceiling with Robin Wolaner

    Robin Wolaner has achieved many career milestones: At 27, she was the youngest publisher of a national magazine; in 1986, she launched Parenting in a $5 million joint venture with Time Inc.; 6 years later, she became the company’s first divisional CEO to get pregnant; and during the dot-com bubble, she was an executive at CNET. A New York Times profile even once called her a “corporate entrepreneur.”
    She was so driven to launch her startup, she took on debt and a below-market salary. This approach paid off, and became the subject of an enduring Harvard Business School case study. In this episode, Robin talks about all of that, shares what she’s learned about negotiating, and offers advice to other female founders.
    https://www.linkedin.com/in/robinwolaner/ (Robin Wolaner's LinkedIn)
    https://www.linkedin.com/in/joyce-franklin-0423a91/ (Joyce Franklin's LinkedIn)
    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)

    • 45 min
    Ex-Tesla Attorney Mark Cameron White Shares Startup Tips

    Ex-Tesla Attorney Mark Cameron White Shares Startup Tips

    Did you know that Elon Musk is not a founder of Tesla? That honor belongs to Martin Eberhard and Marc Tarpenning, longtime clients of our guest, attorney Mark Cameron White.
    White shares stories and wisdom from decades of practicing law in Silicon Valley and around the world. He talks about the importance of building a collective dream for a startup, how battle scars can cause bitterness or strength, and the way most entrepreneurs build wealth in Silicon Valley. He also offers his opinions regarding the three currencies of Silicon Valley, the right amount of time to take off after a liquidity event, and why true entrepreneurs are happiest laying the foundation of their company.
    We discuss the delicate balance between funding your company and supporting your family, and Joyce shares tips for protecting your assets and avoiding financial surprises when starting a company.
    Mark White's LinkedIn
    https://www.linkedin.com/in/joyce-franklin-0423a91 (Joyce Franklin's LinkedIn)
    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)

    • 20 min
    Serial Entrepreneur and Angel Investor Paul Allen on Resilience

    Serial Entrepreneur and Angel Investor Paul Allen on Resilience

    Joyce interviews serial startup founder and Nextbite President Paul Allen, who started seven companies, four of which had liquidity events. He shares what he’s learned about resilience from all points in the startup lifecycle as an entrepreneur, mentor, and early angel investor.
    Paul Allen has been a founder or cofounder of seven companies, four of which have had liquidity events. He’s also been an advisor or mentor at eight organizations. At Paul’s current startup Nextbite, there have been seven funding rounds totaling over $150 million dollars, including a series C round raised in October 2020 from the SoftBank vision fund. He started an early angel investment community in 1999, well before angel investing became popular.
    https://www.linkedin.com/in/paulmichaelallen/ (Paul Allen's LinkedIn)
    https://www.linkedin.com/in/joyce-franklin-0423a91 (Joyce Franklin's LinkedIn)
    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)

    • 30 min
    CPA Roy Bukstein on Oracle, Family Finances, and Why “Turnover Will Kill You”

    CPA Roy Bukstein on Oracle, Family Finances, and Why “Turnover Will Kill You”

    Stock option tax guru Roy Bukstein was the first CFO of Oracle. After the IPO, he left to start a CPA firm where he advised Marc Benioff and Larry Ellison, among others. On this episode, he shares stories from his decades in Silicon Valley along with tax planning strategies you can use, too.
    https://www.linkedin.com/in/roy-bukstein-5741732/ (Roy Bukstein's LinkedIn)
    https://www.linkedin.com/in/joyce-franklin-0423a91/ (Joyce Franklin's LinkedIn)
    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)

    • 35 min
    Wealth Management Icon Tim Kochis on Business Succession

    Wealth Management Icon Tim Kochis on Business Succession

    Lots of startups are identified with their founders, and vice versa. But to truly thrive, companies need a plan for the unexpected—and the eventual expected—departure of the founder. In this episode, Joyce Franklin talks with wealth management industry icon Tim Kochis about succession planning for entrepreneurs, how he founded, grew, and merged his firm to create a new one with $5 billion in assets under management, and the advice he’s given to executives before and after their liquidity events. He even shares details about his own personal liquidity event.
    Tim Kochis is the former CEO and chairman of Aspiriant, former president of the CFP Board of Standards, and a former member of the board of trustees for Charles Schwab mutual funds and ETF offerings. He is the author of four books about wealth management and succession planning.
    https://www.linkedin.com/in/tim-kochis-51550349/ (Tim Kochis' LinkedIn)
    https://my.captivate.fm/www.linkedin.com/in/joyce-franklin-0423a91 (Joyce Franklin's LinkedIn)
    https://www.jlfwealth.com/podcast/ (Request a copy of The Four Phases of Startup Life and the Entrepreneur's Wheel of Life)

    • 41 min

Customer Reviews

4.9 out of 5
10 Ratings

10 Ratings

SR2024 ,

Just what I am looking for

This show is just what I’m looking for. Interviews with business experts and financial advice. I’ll be listening to each episode!

austin.fan ,

Interesting

I look forward to the full season.

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