article thumbnail

Survivors

Both Sides of the Table

When you don’t know what failure looks like you can shoot for the moon without a safety net with the blind belief that you’ll conquer the world. When you’ve failed you at least think twice about the safety net albeit you may still take the leap. First time entrepreneurs can fall prey to hubris.

article thumbnail

Startup Founder Agreements

blog.simeonov.com

If such individuals do not form a business entity to conduct business in the Field of Interest, but instead sell or assign their developments and technology in the Field of Interest to an unrelated party, I shall be entitled to [ this will vary based on the type of founder ] of the net consideration received by reason of such sale or assignment.

Founder 44
article thumbnail

On the Road to Recap:

abovethecrowd.com

Also, they have a strong belief that any sign of weakness (such as a down round) will have a catastrophic impact on their culture, hiring process, and ability to retain employees. Their own ego is also a factor – will a down round signal weakness?

IPO 40