David Teten
MAY 7, 2019
By developing innovating technologies and taking a new approach, we believe that we can find alignment across various institutional and individual stakeholders with the means to leverage their networks and effectively push for progress. We agree on an equity split, vesting, and initial compensation structure.
David Teten
JULY 10, 2019
By developing innovative technologies and taking a new approach, we believe that we can find alignment across various institutional and individual stakeholders with the means to leverage their networks and effectively push for progress. We agree on an equity split, vesting, and initial compensation structure.
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Hunter Walker
FEBRUARY 20, 2021
A sales and marketing tactic as much (or even more) than a customer development one, try setting up a Customer Council Advisory Board. Remember, the standard agreements are two years in length, have a 3–6 month vesting cliff (with monthly thereafter) and preserve right of either party to terminate. Let me know!
Steve Blank
JUNE 15, 2010
Do they “get&# Customer Development ? Will they tailor your vesting to your contribution as a founder? Do They Get Customer Development? Have they heard about Customer Development ? Investors who have successful ex-founders who you can call for advice, grab a coffee with or get on your advisory board is a good sign.
Gust
DECEMBER 8, 2011
I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Advisory board agreements.
thinkspace.com
SEPTEMBER 7, 2012
Equity for Board of Directors and Advisory Board. Typically for an Advisory Board it ranges from 1/10th of percent to 1/2% and for Board of Directors from 1/2% to 2%. How long should people vest – four years? And the vesting doesn’t necessarily need to be time-based either.
thestartuplawyer.com
FEBRUARY 24, 2010
I think you'll have trouble developing your idea without bringing on people, probably as co-founders. Even if you are able to do so w/o bringing these skill people on, potential investors will likely ding you since you can't implement the idea (even if already 'developed'). Leave a Reply Click here to cancel reply.
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