Genuine VC

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To Leave or Not to Leave as Your Startup Grows

Genuine VC

But by the end of the month, we’ll have only 5 of our first 10 (including the two founders) employees and 10 of our first 20. But after you’ve initially vested (after three or four years?), We’ve been running at 20-30% attrition over the last 9 months.

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After the VC Term Sheet is Signed – It’s Not Over Yet

Genuine VC

Founder vesting is the most common example. Lawyers going back and forth on minute/inconsequential details, of course. But frequently, there is time spent negotiating business terms which weren’t specified in the tern sheet itself.