Startup Professionals Musings
APRIL 11, 2021
Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.
Startup Professionals Musings
JULY 10, 2012
Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.
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Startup Professionals Musings
AUGUST 7, 2013
Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.
Startup Professionals Musings
MAY 2, 2011
Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. This problem can be avoided by incorporating immediately after early discussions, and issuing shares to the founders, with normal vesting and other participation rules.
Startup Professionals Musings
NOVEMBER 28, 2012
Rely on informal agreements with partners. The same principles apply to strategic partners. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Make it a rule to not fraternize with your employees, and choose your partners wisely.
Startup Professionals Musings
JANUARY 7, 2014
Rely on informal agreements with partners. The same principles apply to strategic partners. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Make it a rule to not fraternize with your employees, and choose your partners wisely.
YoungUpstarts
FEBRUARY 28, 2020
Additionally, it will be important to consider whether you plan on attracting investment capital through the distribution of stock, because only certain types of businesses can issue shares of ownership. The best way to think about a general partnership is that it’s like a sole proprietorship that applies to multiple people.
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