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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Vesting restrictions are addressed in a restricted stock purchase agreement, which each founder would be required to execute and which would grant the company the right to repurchase any unvested shares (at the initial purchase price) at the time of the founder’s departure. IP Ownership. and start negotiating with them.

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The New Deal – A Founding CEOs Value is Non Linear

Steve Blank

The customary vesting model has founders vest their stock over 4-years , and when the founding CEO gets in over their head the VC’s bring in professional management. Every VC knows that the founding CEO is the individual you throw into the chaotic battle of a startup. Preparing For Chaos. That’s the source of the trouble.

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