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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
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On the Road to Recap:

abovethecrowd.com

In Silicon Valley boardrooms, where “growth at all costs” had been the mantra for many years, people began to imagine a world where the cost of capital could rise dramatically, and profits could come back in vogue. Competition also has access to capital. Anxiety slowly crept into everyone’s world. 2015 was the exact opposite.

IPO 40
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How to Be an Angel Investor

www.paulgraham.com

And they wont dilute themselves unless they end up net ahead. 3% of your net worth. The reason you dont want to give them up is the following scenario.The VCs recapitalize the company, meaning they give it additionalfunding at a pre-money valuation of zero. They cant dilute you without diluting themselves justas much.