1
vote
4answers
93 views

Verbal Partnership Agreement Binding?

I have a provisional patent for a product that I have been developing. I had a meeting last weekend with two individuals and we have verbally agreed to form a partnership. The partner who will be ...
-1
votes
1answer
60 views

What should get a friend with an idea to smartphone app? [closed]

My start-up team knows someone who has come up with an idea for a new social application. The potential is hard to forecast, and we can't be sure the effort will pay off. We consider to implement his ...
2
votes
1answer
165 views

Technical Co-Founder Contract

There are a couple startups I'm thinking about joining. They are in very early stages (seed round or incubation). I am interested in the position of technical co-founder. They've all asked that we ...
15
votes
5answers
937 views

Losing Controlling Interest in a company, can that be bad?

Basically I have been lucky to get spotted by some angel investors and will be signing £60,000 for 60% of my current business come thursday, which will really boost my start-up massively and ...
0
votes
2answers
256 views

0.5% equity and 2k/month to be the #1 CDO in a startup

I really need your help. It 's the first time I've been asked to work for a startup. The company has already been made​​, founded by 2 partners, and has already received an initial investment, but has ...
1
vote
2answers
188 views

Does Company Equity Entitlement need to be in your employment contract?

Should a company equity entitlement be stated in your employment contract? If not, what entitlement to any equity do you have? Particularly if you're already employed there?
0
votes
1answer
456 views

Sample contract for vested equity for 4 years in a Hong Kong company

I'm going to join a company as a late cofounder and after negotiation will receive a significant percentage of equity vested every months over 4 years and a small salary. The company is based in Hong ...
1
vote
2answers
3k views

Startup CFO contract / stock compensation?

I am looking for a sample contract for a CFO position in a startup company. Also, What is an appropriate amount of compensation to give a CFO in terms of stock. Thanks!