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 [...]

Raising Cash from Friends, Family and Accredited Investors

Tuesday, June 16th, 2009

With venture capital and angel financing harder to come by right now, it is tempting to ask friends and family to invest a little seed capital to keep your business running until institutional investors loosen their purse strings. Proceed with caution! Selling shares to friends and family may seem like a simple proposition – after [...]

How to Get More Bang for Your Buck: Stock Options and Restricted Stock

Monday, June 1st, 2009

Equity incentives, which include stock options, help cash-starved start-up companies compensate employees, consultants and other service providers without breaking the bank. Even if you don’t plan to hire employees early-on, adopting an equity incentive plan is beneficial because you can also grant equity as compensation for the work of consultants and other service providers. Start-up [...]