www.seriesseed.com

DECEMBER 9, 2012

Locks in rights, preferences and priviledges of the stock. It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. it is acquired) and (b) the employee is terminated without cause (or sometimes resigns for good reason).

Finance 40

Finance Term Sheet Vesting LLC 40

Scott Edward Walker

NOVEMBER 2, 2011

Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ). Button-down IP ownership and assignment issues (see post here ). If you hire any employees, make sure you don’t misclassify them as an independent contractor or fail to pay them at least the minimum wage (see post here ).

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

Hippoland

APRIL 10, 2016

Ada is my professor, and we are using her lab, and the company is based on her research, though the IP is assigned to the company. We plan to incorporate and work on this company full time, while Ada will work on it part-time, as she is a full-time tenured professor. First off, whatever you decide, you should implement vesting.

Cofounder 48

Cofounder Cap Table Equity Vesting 48

Gust

DECEMBER 8, 2011

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. Make escrow arrangements for restricted stock (i.e., Pick a name for the new legal entity (e.g., Newco, Inc.”) Yes, it’s a mouthful.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Both Sides of the Table

AUGUST 17, 2009

To the best of my knowledge US law allows you to work on your own resources and in your own hours and let you personally own your IP. In some countries outside the US (the UK for example) employers can specify in an employment contract that ANY IP you develop while you’re employed by that company is owned by them.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

Austin Startup

AUGUST 20, 2017

Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services. Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Keep the valuations consistent with company progress.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Tim Keane

JANUARY 12, 2010

Term-sheets for preferred stock offerings are designed to protect the investor in case things don’t go as well as planned.   Say I invest $1MM in a company and receive 40% of the stock. These include: ·       Vesting of Founder Stock.   Why is this fair?

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Scott Edward Walker

OCTOBER 27, 2015

Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ). Button-down IP ownership and assignment issues (see post here ). If you hire any employees, make sure you don’t misclassify them as an independent contractor or fail to pay them at least the minimum wage (see post here ).

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Gust

SEPTEMBER 17, 2014

If you’re wildly successful early on or if they help you achieve a great valuation they actually pay a significant price for their eventual stock even though they took much more risk than a future investor and backed you early. Less than you’ll probably grant your most junior employees in stock options? Stock Option plans.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

blog.simeonov.com

FEBRUARY 22, 2010

In one case the CEO had a different vesting schedule because he had spent a lot more time than the rest of the founding team on the idea. This can be a convenient shortcut to separate someone’s status (founder) from their role (employee or contractor or advisor, etc.) There is some up-front vesting acceleration.

Founder 44

Founder Vesting Agile Startup 44

Both Sides of the Table

MAY 10, 2015

They were then sued for trademark infringement by a foreign company who had no product, no customers and no employees in the US. He had a stock option vesting program and had vested a significant amount of his stock but not all. Be formal with every employee contract – even with friends.

Vesting 150

Vesting Cofounder IP Stock Options 150

infochachkie.com

SEPTEMBER 24, 2011

Unlike employee training costs, which can typically be spread over years of service, the relative return from training a consultant is modest and pricey. The final straw came when I asked the latest 25-year old a simple ‘yes / no’ question related to stock options. IP) is an ugly thing at a startup.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

www.metamorphblog.com

OCTOBER 23, 2010

Doubtful we’d have access to such a rich employee pool any other way. Make sure you own all the IP created during this trial period, and make no promises for later. Vest, young man. Starting a company without vesting your stock is like getting your girlfriend pregnant on the first date. Need legal advice?

Founder 51

Founder Startup Cofounder Vesting 51

maplebutter.com

JANUARY 8, 2013

Three years into the growth of a successful company and my partner is slacking off… he is not completing tasks, appears distracted and is losing credibility with our employees. for most seed investments, investors will put more stock in the person and the traction they get with the resources at hand. What do I do?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Both Sides of the Table

FEBRUARY 10, 2011

You can give them 20% of the company with a vesting schedule over four years (this way if things don’t work out you don’t lose too much), and you add infinite value to your team. There are personal factors that come into play like real estate value, stock market activity, etc. If you’re not a developer, find someone who is.

Angel Investor 302

Angel Investor Cofounder Southern California .Net 302

blog.expensify.com

APRIL 24, 2012

Or, rather, more offensively to Facebook and Google employees, less offensive to.NET developers, though the underlying message is the same.). there are start ups who are legitimately using.net because they don’t need to look directly into the tcp/ip stack. Purchase IP from the vendors. More comments at the end.

Java 107

Java PHP Software Review Coder 107