Co-founders, team & legal
Co-founder agreements & equity
Split fairly, vest always, write it down.
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How do we structure equity when one co-founder is full-time and the other is keeping their day job for now?
Do not give a part-time co-founder full-time equity and hope it evens out. Either delay their grant until they go full-time, or give them a smaller...
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%...
One co-founder wrote most of the code before we incorporated. Who owns that IP, and how do we make sure the company does?
Right now that co-founder personally owns the code, not the company, which is a fatal cap-table crack a diligence lawyer will find in five minutes....