Tagged Questions
4
votes
2answers
250 views
Left my startup pre-launch. What percent equity is fair?
6 months ago I quit my job to start a startup with two other people. I'm the business guy. I worked full-time on the project from day No. 1, and made substantial contributions to branding, customer ...
0
votes
1answer
47 views
How legally binding is a pre-incorporated agreement?
Our startup was founded by 3 people and is in it's final stages of development. One of the founders wants to pull out but keep their 33%.
We have a one page document signed by the three of us ...
1
vote
4answers
95 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
3answers
185 views
How to fire my Partner
I started a company in August of 2012 signing up 25 customers as a separate part of a corporation I have had since 2010 and brought in a partner in September. The partner did not put in any money but ...
2
votes
3answers
136 views
How much equity should I give our first investor/legal advisor?
I'm currently starting up a mobile social networking application with zero funding. The app is currently in the mvp stage with a very thorough business plan, and my business partner and I are ...
2
votes
0answers
44 views
how to proceed with negotiations with contractor/early employee [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
I am one of three cofounders at an early stage startup. We have been working with an outsourced ...
3
votes
3answers
283 views
How to protect myself from uncommitted co-founders
Two of us came together to work on an idea for a web startup. We end up killing the initial product and a third person joined. A new product is built and launched.
It happens that I'm the technical ...
3
votes
3answers
196 views
Do I have to sell my shares to my cofounder?
Our company ran low on funds about 4 months ago. We decided it would be best If I took on an advisory role and went to work elsewhere to cover my personal expenses. I have vested shares in a large ...
2
votes
1answer
207 views
Startup equity for co-founder
I've been working at a pre-launch startup for the past year (going to launch in the next several weeks). I'm supposed to sign my Stock Purchase Agreement soon, but wanted to run this by to see if I am ...
4
votes
1answer
190 views
Received a technical co-founder offer contract. Advice
Myself and two partners are the business end of a new start up. We have been looking for a fourth and final co-founder, which would be our programmer. We found one that wants to be a part of what we ...
0
votes
0answers
53 views
Equity % Ownership question for one entity under a parent entity
Situation: Ok here is the situation. I am in negotiations as a partner in the formation of a software start up company. My responsibilities are the development of a go to market strategy, sales and ...
8
votes
2answers
600 views
Fired from startup, vested equity
I was recently terminated from a startup without cause, where I was one of several founders owning a decent percentage of stock. We also had an angel investor (incubator) in with us for a small ...
0
votes
3answers
141 views
Is it legal to work for equity on a J-1 visa?
I'm currently on a J-1 visa and I understand that I'm not allowed to be paid by any company or organization other than my sponsoring organization. However, is it legal for me to 'work' for a potential ...
3
votes
2answers
377 views
What if the startup I work for gets bought out?
I am the technical founder of the startup that I work for. My software, that I architected, runs on a device that has won a Gold award even before the trade association's show.
The startup is ...
1
vote
1answer
262 views
How can the co-founders equity (economic and control) be protected by being diluted in excess?
How can the co-founders that hold a minority of the shares be protected against:
A dilution of his equity (economic and control) triggered by the shareholders that hold a majority of the shares?
A ...
5
votes
2answers
193 views
Having less equity than an investor
Suppose a company (C-Corp, Delaware) with 5 co-founders, each having 20% of the shares.
Then an investor wants 30% of the company, which will leave each co-founder diluted to 14%.
Besides control ...
-1
votes
1answer
106 views
as one of the co-founders, can i have an equity and profit share both in mother holding corporation and subsidiary holding corporation?
the funders for my projects plan to put up a holding corporation. this holding corporation is intended to fund feasible projects by various project proponents not only those projects by me but ...
1
vote
2answers
174 views
As a stock holder, do I have the right to know how many stocks other investors have?
As a stock holder, do I have the right to know how many stocks other investors have? The company is not publicly traded yet, but I am having difficulty trusting that I have received my fair "share" ...
2
votes
2answers
188 views
Introducing the idea to friends I'd like to add to the startup - How to and at which conditions?
I'm in the process of trying to establish my first startup.
At the moment I'm working with a friend of mine on developing the idea, and we had already created a prototype for our product on a mobile ...
1
vote
2answers
108 views
C Corp Investment Documents [closed]
What the appropriate documents needed for one to buy into a (Delaware) C Corp (private)?
What are the documents that the Company needs to issue in order to confirm the investment?
1
vote
3answers
256 views
Possible drama in a starting startup
I know this is TL;DR material but I'm just trying to sort this out and feel I might need an outsiders view.
I was approached to become the CTO and co-founder of a startup. The founder pitched me the ...
3
votes
3answers
319 views
Minimum wage laws and startups?
As a technical person, you see this a lot:
"I've got this great idea to be the next $BIG_SITE. I need you to build a site for me - it should only take 3 months or so. Meanwhile, you can crash on my ...
19
votes
6answers
989 views
Teammates have pushed me out of our venture. What to do now?
I along with 3 other people created a concept for an innovative Ecommerce platform as part of a 5 week startup pre-incubator. We had a great run and on demo day we won the audience and panel of ...
2
votes
2answers
222 views
Restricted stocks and co-founders firing each other
I am part of a 3 member start-up. When we started(6 month) ago we split the equity equally between us and signed a vesting agreement with a 1 year cliff.
We have been having some internal ...
1
vote
2answers
263 views
How dividend payments work?
So let's make an example story:
I'm the founder and the only developer of a web startup. Currently there is no one else other than me in the company.
I've added a sales guy, wishing to give him ...
1
vote
1answer
203 views
Bringing on equal partner after starting solely bootstrapped?
I came up with an idea for a startup, and after trying to start other ventures with non-paid partners I knew the only way to get this done right was to hire a developer straight up to code the ...
9
votes
1answer
448 views
Prenuptial separation agreement for cofounders
My apologies if this question has been asked before. I tried to find the answer reviewing other questions and still don't have the answer so here is the question(s):
We are now setting up the ...
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 ...
0
votes
5answers
209 views
Identified a problem, me and a friend came up with a solution, moved apart (cross country), I continued working on the project, he did not
I moved abroad for 6 months and one day me and my roommate identified a problem and came up with an idea for the solution. I thought it was brilliant and immediately started brainstorming, we checked ...
4
votes
3answers
5k views
Can non-dilutable stock (or equivalent) be issued?
I think I understand stock dilution (and I know in quite some cases it's not bad to get diluted) but I was wondering (it's mostly curiosity but I still think it's an interesting question for ...
