It’s summarized at If I Launched A Startup   and includes stuff on incorporation, founders stock, vesting, NDAs, and some other useful things. Company Creation incorporation launch nda vestingI ran across a dynamite set of posts for anyone launching a startup. If you are launching a startup, go check it out. MORE >>

This is part of my ongoing series “Pitching a VC“ There’s a great meme developing this morning on the need to simplify funding terms and documents. The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests. That prompted Fred Wilson’s blog [.]. MORE >>

Founders Agreement can cover any number of topics, but here’s a summary of some of the most common: Vesting of Founder’s Stock. bad acts by the Founder), the company and/or the other Founders may have a right to purchase some or all of the terminated Founder’s stock in the company (including vested stock). Termination. MORE >>

One very important item from Chris’s original post that wasn’t picked up by Fred or Brad is founder vesting. Chris writes that early-stage deals should have: Founder vesting w/ acceleration on change of control. Without proper vesting you also place a risk on all other co-founders. I have this mentality, too. MORE >>

Vesting” occurs when the restrictions lapse and the equity goes from “unvested” to “vested” (i.e. Most of the time, the restrictions provide that the recipient forfeits the equity if the conditions to vesting are not satisfied. from restricted to unrestricted). MORE >>