Tips For A Successful Startup Founders' Agreement

Your startup is taking shape: the promising idea has been clinched, partners found and allied, and you are now at the point of formalizing the relationship among the founders themselves, and between the founders and the company. Many agreements like this are signed every day, but however trivial they may seem, they should not be taken lightly. Points of agreement that were not thoroughly examined, or subjects that should have been included in the agreement but were omitted, may lead to problematic outcomes and give rise to disputes. The following tips set forth issues that should be addressed in the founders' agreement, including those that merit special attention and thought.

Equity Allocation