Co-founders, team & legal
Co-founder agreements & equity
Split fairly, vest always, write it down.
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As a solo founder, how much equity should I give the first employee or advisor who is helping me before I can pay a salary?
An advisor is not a co-founder: think 0.25% to 1% on standard vesting, not 10%. An early employee working for below-market pay might get 0.5% to 2%...
Do I really need a lawyer and a formal shareholders agreement, or is a signed founders agreement on paper enough for now?
A plain founders agreement is fine at day zero to lock intent, but before you raise or hire, you need a proper shareholders agreement (SHA) drafted...
I am a first-time founder outside the big metros and my co-founder is in Bengaluru. Does where we are based change how we split equity or set up the company?
Location does not change the split: contribution, risk, and role do. What it does change is logistics. Incorporate one Indian Pvt Ltd regardless of...