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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Advisory board agreements. Strategic partnership or distribution agreements. Most startups will involve legal counsel whenever doing anything involving the company’s securities, such as adopting a stock option plan , making grants under the plan, issuing convertible notes in a financing round , and so forth.

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How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Board of Directors and Advisory Board. Board Member 1. Equity for Founders. Responsibilities 6 0 0 6 36.

Equity 62
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Why You’re Not Getting the Most out of Your Board

Both Sides of the Table

Deal with company admin: 409a valuations, approve stock options, vote on key measures (15%). Ineffecient Board Meeting. In my nearly 15 years of attending board meetings I can tell you that the distribution of time actually spent on these activities while you’re in person is more like: 1. The Agile Board.