Tagged Questions
6
votes
1answer
248 views
Profit sharing in a startup: offered 20% of profit
I've been offered 20% of the profit of a new startup if I build the website (which is essential to the business). What types of things should I look for in the agreement that is to be drawn up?
4
votes
5answers
331 views
How to handle partners asking to renegotiate old partnership agreements
In The beginning
Around one year ago we build a software company, we needed to quit our jobs, get financing, a product, legal work, accounting work, clients and partnerships with providers.
we ...
1
vote
2answers
97 views
What to do when partners have dropped out?
This is my situation. I had an idea and wanted to start developing it into a product. I brought in my first "partner" which is a guy I work with on a regular basis, I kicked some ideas around with him ...
3
votes
3answers
135 views
Is it legal or even common to require business partners to sign a prenup in the event they get married?
I'm considering starting a company with a few friends. Each of us are single guys. We're wondering, is it legal or common for a company to require other owners to sign a prenup in the event they ...
1
vote
5answers
347 views
Divorcing A Partner Without An Operating Agreement
Here's the scenario: Myself and 2 partners have been working on a project since January. Since we are all friends (mistake number 1) we orally agreed to split the future company's equity three ways ...
1
vote
2answers
2k views
How much percentage an investor ideally deserve?
Last year we started a software firm, we have managed to build a good technical team and do a couple of projects which helped us hang around. Recently we had an offer from one of the investor to ...
2
votes
2answers
295 views
Partnership agreement in asymetric situation
After a trial period we are trying to formalize an agreement for our partnership. The two other partners are domain experts in the field for several years and I am the technology guy doing all the ...
