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When you set up a board it is often initially a combination of the founders and the early investors. It can start 2–1 founders to investors and then sometimes moves to 3–2 but sometime around the A, B or C round the idea of “independent” directors comes up. When an entrepreneur takes on investors who take equity (i.e.
Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder.
In a typical first meeting between a VC and team of co-founders, the investor typically ends up asking more questions than the founders. Talk to Your Startup Friends. Just keep in mind that for any given firm there are hundreds of VC/startup interactions in a given year. Ask Us (and Be Direct).
And I enjoy working with founders immensely. more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. And then later, when the fund needs money, the fund does a capitalcall.
And I enjoy working with founders immensely. more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. And then later, when the fund needs money, the fund does a capitalcall.
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