Remove Cofounder Remove Founder Remove Naming Remove Vesting
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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Question My co-founders and I are working on a cool new site, and we’ll be ready to launch in a few weeks. Vesting Restrictions. The first deadly mistake relates to vesting restrictions. Otherwise, if one of the founders quits after a few months, he would take all of his shares with him.

Vesting 89
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Your 2015 guide to summer reading for startups

The Next Web

Aside from having an awesome name, this book looks at how a successful software company is built and run. I felt like I read about their experiment with vested interest – personally, I could not imagine how a company could run with no managers. The Year without Pants by Scott Berkun. Which software company? Automattic.

PR 60
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Warning To All Entrepreneurs About Bad Investor Behavior

Feld Thoughts

There are two founders and they’ve been talking to a VC they met several months ago. This soon to be ex-VC said something to the effect of “I can easily raise you money with a couple of phone calls, but I want to be a co-founder of the company and have an equal share of the business.&#. The answer was no and no.

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Tianyi Joe Zhu, Entrepreneur and Startup Advocate

The Startup Magazine

The press release lays out Joe Zhu’s business accomplishments, but we at the magazine have seen firsthand Joe Zhu’s work behind the scenes helping struggling startups with advice and counsel on both business strategy and funding, even when he has no vested interest. CHICAGO, ILLINOIS (PRWEB) JULY 12, 2017.

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Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder?

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Should You Share Equity with Consultants?

www.inc.com

Naming a Business. Chip Morse , cofounder and partner with Morse, Barnes-Brown & Pendleton P.C., He suggests granting the options on day one but making sure they vest only upon satisfactory completion of the project. That way, he says, "Vesting is an encouragement for the project to be completed.". Tools & Research.

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

Gust

Likewise, founders can benefit from understanding basic characteristics of the overall legal structure, formation and governance documents, rights and responsibilities of team members, etc. Pick a name for the new legal entity (e.g., Newco, Inc.”) Appoint Newco’s initial Board of Directors.