Regarding buyouts.. I can't recommend enough a vesting period on founders stock. Usually over 3-4 years. Then, if one of you leaves early, you only get a prop

Regarding buyouts.. I can't recommend enough a vesting period on founders stock. Usually over 3-4 years. Then, if one of you leaves early, you only get a proportional amount of stock compared to your time invested. A lot of people just can't keep up with it in the long haul despite the best of intentions. I would say if it's your first (or second) time starting a business there is an amazing amount of costly mistakes. You'll survive if you never make one big enough to put you out of business. We should collect stories about our biggest mistakes..