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This is a good first step, the question is how much protection founders gets. Are there any triggers if the founder is pushed out?
by salimmadjd 14y ago
This is a good first step, the question is how much protection founders gets. Are there any triggers if the founder is pushed out?
- djb_hackernews 14y agoIt says the TS is based on series seed docs. http://www.seriesseed.com/ http://www.seriesseed.com/
- naval 14y agoIn most Series Seed financings, the Founders retain Board Control and can't be pushed out by just the Investors. If they're pushed out by the other founders and by the investors together, then their vesting agreement will govern what happens.