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How to Legally Split Equity Before You Have a Cofounder

How to Legally Split Equity Before You Have a Cofounder

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In this episode, Lucas and Luna tackle a topic every idea-stage founder dreads: how to split equity with a cofounder before the company has any real revenue or product. They break down the concept of vesting schedules, discuss the Slicing Pie model for dynamic equity splits, and walk through a real example of what happens when a founding team of two splits 50-50 but one person drops out after three months. Lucas explains why a four-year vesting schedule with a one-year cliff is the industry standard and what happens if you skip it. Luna shares a cautionary tale about a founder who had to buy back 40% of his company from an early cofounder who barely contributed. They also talk about restricted stock agreements, 83(b) elections, and how to have the 'breakup conversation' on day one instead of waiting for it to explode. By the end, you'll know the concrete legal steps to protect your startup's equity from day one. #CofounderEquity #StartupLaw #VestingSchedules #FounderAgreement #SlicingPie #EquitySplit #83BElection #RestrictedStock #IdeaStageStartup #PreRevenueEquity #FounderBreakup #EquityProtection #StartupMistakes #BusinessPodcast #FexingoBusiness #PreSeedPodcast #Entrepreneurship #LegalForStartups Keep every episode free: buymeacoffee.com/fexingo
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