Founders Agreements

Monday, September 14th, 2009

Whether you’re starting a company with your best friend or a few guys you met at a coffee house, you can’t predict how the relationship among Founders will change over time. Many companies (and friendships) have been ruined because a difficult situation arose and the Founders could not agree on how to resolve it, so [...]

Don’t get hung up on the valuation of your startup

Tuesday, September 8th, 2009

Many entrepreneurs want to put a value on their company before the ink on their incorporation documents is dry, but valuing an early stage company is as much art as science, and a bad valuation can be worse than no valuation at all.
Valuing a company that doesn’t yet have a product on the market, much [...]