YoungUpstarts
SEPTEMBER 23, 2020
Use an NDA. A non-disclosure agreement (NDA) is a standard document that you can use to commit prospective investors to secrecy over the ideas you reveal in your pitch, whether or not they actually choose to put money in after the event. Keep your cards close to your chest.
David Teten
MAY 7, 2019
I do not require an NDA, assuming you have relevant qualifications. We agree on an equity split, vesting, and initial compensation structure. This is the process I envision that’s most likely to result in success: I share my detailed business plan. If you’re still interested, we meet; get to know one another; do mutual due diligence.
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David Teten
JULY 10, 2019
I do not require an NDA. We agree on an equity split, vesting, and initial compensation structure. This is the process I envision that’s most likely to result in success: Assuming you have relevant qualifications, I share my detailed business plan. If you’re still interested, we meet; get to know one another; do mutual due diligence.
The Startup Lawyer
MARCH 17, 2010
8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10) 1) Length of NDA: 0 pages. (2) Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) 2) State of Incorporation: Delaware. (3) 4) Type of Shares: Common Stock. (5)
The Startup Lawyer
MARCH 17, 2010
8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10) 1) Length of NDA: 0 pages. (2) Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) 2) State of Incorporation: Delaware. (3) 4) Type of Shares: Common Stock. (5)
Up and Running
FEBRUARY 19, 2014
Hire a lawyer to help draft an incentive plan with a vesting schedule that fits your business. Unlike a one-way nondisclosure agreement, mutual NDAs are trickier, and it’s recommended to have a lawyer review those types of agreements. Investing in a lawyer early will save you a lot down the road. - Matt Ehrlichman , Porch.
www.seriesseed.com
DECEMBER 9, 2012
Standard 1-way/bi-lateral NDA's, standard templates for an employee manual, employee contract/agreements, IP ownership release to company are on my wish-list too. There are some Vesting terms for founders in the term sheet but I can't find them in the others documents too. Posted by: ramneek | 03/02/2010 at 11:27 AM.
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