Tagged Questions

1
vote
1answer
105 views

Removing a bad partner?

Two month ago I've joined with two friends to build a startup. I came with the idea and we started working. Two weeks ago, the first partner left the project due to lack of time. The second partner is ...
1
vote
1answer
36 views

Do I need my own lawyer on a partnership agreement modification

Back story: I'm the majority equity and voting power holder in a multi-member LLC (Three members, I will call partnership). A year ago we had a partner's wife, who is a corporate lawyer, create a ...
3
votes
3answers
134 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
2answers
424 views

I'm a part-time founder working with two full time partners. What is an appropriate equity share?

This is an update to a question I posted a few weeks ago. Help would be GREATLY appreciated. I'm a co-founder of a new startup with two other partners. We are just hammering out terms (equity share, ...
4
votes
2answers
611 views

Allocating equity - equal cash investment - unequal time investment

I am getting involved in a small start up - we have been discussing (3 partners) this for a few months and now is time to get everything settled. We originally discussed a certain time allocation 4 ...