You found a great co-founder. When should you formalize your relationship? You may be tempted to draft a founders’ agreement to demonstrate trust in the partnership, but before you make a legal commitment, make sure you’re aligned with your co-founder in 3 critical areas.
Forgoing a written founders’ agreement ranks within the top ten legal mistakes that plague founders as their companies grow. When should you create a formal legal agreement with your co-founder(s)? What terms should it include? Learn what questions to ask before you draft and sign an agreement.
Research shows that establishing a founders’ agreement prematurely often generates founder conflict—a leading cause of startup death. Can writing a founders' agreement help you mitigate future conflicts and save your business? Before you rush into an agreement, understand the underlying mechanics and learn how to customize them to strengthen your co-founder relationship.
A poorly-constructed agreement often leads to founder conflict which can kill your startups. We can’t promise that your founders’ agreement will prevent all founder conflict. But we can provide a framework that will help you avoid common mistakes and equip you to handle conflict.