4 ms·
Whatever you do, make sure you vest each person's share in the company (including your own)! See http://www.vcreadylaw.com/blog/2009/09/14/founders-agreements/
by techiferous 16y ago
Whatever you do, make sure you vest each person's share in the company (including your own)! See http://www.vcreadylaw.com/blog/2009/09/14/founders-agreements/ http://www.vcreadylaw.com/blog/2009/09/14/founders-agreement...
- borism 16y agoHow often does that actually happen? I can't think of any examples. Most start-ups hardly live full 4 year vesting period either failing or being acquired.
- techiferous 16y agoThe length of time of vesting is not as important as protecting the rest of the team if one of the founders walks away two weeks later with a significant portion of the company. If a one year or six month vesting period makes sense, why not? But having no vesting can be very risky.