This document provides an overview of legal and accounting basics for startups. It discusses entity formation, equity allocation and vesting, fundraising logistics and investor requests, hiring and firing employees, and maintaining legitimacy as a company. Key recommendations include keeping entity formation simple, being fair about equity distribution and using vesting, understanding financing terms and diligence, properly employing and compensating founders and employees, and following corporate procedures.
Long Journey Ventures Fund 1 - VC Pitch Deck ExamplePitch Decks
Founded by former AngelList partner Lee Jacobs, Long Journey Ventures operates a unique model based around a federation of angel investors and operators.
Every member of the Long Journey team has started a company and invested personal money into startups for close to a decade. The firm has invested in seed rounds across industries: ranging from healthcare to project management software.
Long Journey has backed notable startups like Affirm, Notion, Loom, Uber, and SpaceX.
Y Combinator Startup Class #13 : How to be a great founderFabien Grenet
Slide utilisé dans le cours n°13 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Reid Hoffman.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-13-how-to-be-a-great-founder/
Leafly was founded in 2010 and has grown into the leading cannabis marketplace and online resource. The company offers a deep library of content for cannabis consumers, including detailed information about strains, retailers and current events.
Leafly went public via SPAC merger with Merida Merger Corp. I in August 2021. The deal was valued at ~$532 million and expected to generate proceeds of up to $161.5 million.
Read more: bestpitchdeck.com/leafly-spac
Notation Capital Fund 2 - VC Pitch Deck ExamplesPitch Decks
Notation Capital is a first-check venture fund based in Brooklyn, NY founded by Nick Chirls and Alex Lines in 2015. The company focuses on very early-stage technical teams, often pre-market or even pre-product, primarily in New York, and provide capital and support to help go-to-market and scale the company.
Here's a look at the Notation Capital pitch deck from 2014, used to raise their Notation I fund (original $6M, oversubscribed at $8M).
Sam Altman's slides from the CS183B course "How to Start a Startup".
The CS183B course website: http://startupclass.samaltman.com/
Find all the course materials on: http://bibblio.org/o/Gx/how-to-start-a-startup
I am not the owner of these slides. The materials and their associated copyright is the property of Sam Altman. They are reproduced here under attribution and solely for educational and non-commercial purposes.
Long Journey Ventures Fund 1 - VC Pitch Deck ExamplePitch Decks
Founded by former AngelList partner Lee Jacobs, Long Journey Ventures operates a unique model based around a federation of angel investors and operators.
Every member of the Long Journey team has started a company and invested personal money into startups for close to a decade. The firm has invested in seed rounds across industries: ranging from healthcare to project management software.
Long Journey has backed notable startups like Affirm, Notion, Loom, Uber, and SpaceX.
Y Combinator Startup Class #13 : How to be a great founderFabien Grenet
Slide utilisé dans le cours n°13 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Reid Hoffman.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-13-how-to-be-a-great-founder/
Leafly was founded in 2010 and has grown into the leading cannabis marketplace and online resource. The company offers a deep library of content for cannabis consumers, including detailed information about strains, retailers and current events.
Leafly went public via SPAC merger with Merida Merger Corp. I in August 2021. The deal was valued at ~$532 million and expected to generate proceeds of up to $161.5 million.
Read more: bestpitchdeck.com/leafly-spac
Notation Capital Fund 2 - VC Pitch Deck ExamplesPitch Decks
Notation Capital is a first-check venture fund based in Brooklyn, NY founded by Nick Chirls and Alex Lines in 2015. The company focuses on very early-stage technical teams, often pre-market or even pre-product, primarily in New York, and provide capital and support to help go-to-market and scale the company.
Here's a look at the Notation Capital pitch deck from 2014, used to raise their Notation I fund (original $6M, oversubscribed at $8M).
Sam Altman's slides from the CS183B course "How to Start a Startup".
The CS183B course website: http://startupclass.samaltman.com/
Find all the course materials on: http://bibblio.org/o/Gx/how-to-start-a-startup
I am not the owner of these slides. The materials and their associated copyright is the property of Sam Altman. They are reproduced here under attribution and solely for educational and non-commercial purposes.
Worklife Ventures is the first venture capital firm designed for the new era of builders, creators, and individual contributors.
Fomer Zendesker and Head of Social Media at Expedia, Brianne Kimmel, founded Worklife in 2019 as a $5M fund (which included 7 unicorns) with the vision of investing in companies that make work more flexible, creative, and human. Worklife portfolio companies include Webflow, Achie, BaseDash, Tonal, Italic, Feast, & more.
Worklife brags notable LPs including Marc Andreessen, Chris Dixon, Matt Mazzeo, Alexis Ohanian, Garry Tan, and others.
Founded in 2017, Contrarian Ventures is a venture capital firm headquartered in Vilnius, Lithuania investing in early-stage companies operating in the next-generation energy sector working on the sustainable energy transition in Europe and Israel. The describe themselves as 'hands-on, community-focused and founder-vetted European early-stage investors committed to net-zero.'
Contrarian will invest in 25 companies across Europe, with a respective 60%, 20%, and 20% split between SaaS, hardware, and software that specifically powers hardware. This pitch deck helped the European venture capital firm close the first tranche of its new 100 million euros (around $101 million) climate tech fund.
The firm's current LPs include UiPath and N26-backers Molten Ventures, formerly Draper Esprit, and the Grantham Foundation, an organization set up in 1997 to protect of the environment.
Backbone pitch deck: $40M for bringing Xbox games to iPhonePitch Decks
Backbone is the brainchild of a young entrepreneur Maneet Khaira, who was working at Google as an intern when he came up with his startup idea for a device that could turn an iPhone into a portable Xbox.
Backbone One is truly the first mobile gaming controller that turns an iPhone into a portable gaming console. Backbone's $40 million Series A investment was led by Index Ventures, with celebrity investors including Kevin Hart, The Weeknd, Post Malone, Amy Schumer, and music producer Christopher Comstock, aka "Marshmello," who previously invested in Backbone's earlier round.
Compact, natural, and comfortable, the Backbone One iOS controller wraps your iPhone in a high-quality gamepad shell that’s satisfying to play, well-constructed, and accompanied by a genuinely useful app. iPhone’s Lightning port automatically pick up connectivity to Backbone One and the companion app has a lot of useful features too. It can capture, edit and upload gaming content as well as supports voice chat with friends that works across any app.
Read more: vip.graphics/backbone-pitch-deck/
See the deck: bestpitchdeck.com/backbone
Two methods for innovation are Lean Startup and Design Thinking. So how do they work together? We look at when to use what and how to make this practically work.
Patterns of Successful Angel Investing by Simeon SimeonovSimeon Simeonov
Sim Simeonov's presentation from Angel Bootcamp 2011 teaches lessons for successful angel investing based on statistical analysis of thousands of angel investments over a twenty year period. For more info, see http://sim.vc/angels
Y Combinator Startup Class #19 : How to talk to investors 2/2Fabien Grenet
Slide utilisé dans le cours n°18 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Dalton Caldwell, Michael Seibel et Qasar Younis
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-19-sales-and-marketing-how-to-talk-to-investors/
Startup Secrets - Have you got what it takes?Michael Skok
There is a belief in the business world that founders can’t scale. Put another way, a company’s growth curve will eventually outstrip the capabilities of its founder’s ability to remain CEO.
Pre-seed fund Concept Ventures's £50M LP pitch deckPitch Decks
Concept Ventures, formerly known as RLC Ventures, has launched an oversubscribed pre-seed fund to the value of £50 million, which includes a cornerstone commitment from the British Business Bank’s Enterprise Capital Funds programme of £30 million.
Since its 2018 launch, Concept has already backed more than 100 founders at the pre-seed stage, including Reachdesk, Your Juno, and Condense.
Intending to write cheques between £100,000 and £600,000 for pre-seed founders, Concept has plans to invest in at least 60 startups in the next four years.
Read more: bestpitchdeck.com/concept-ventures
How to define and position your VC brand to attract funding and dealflow.
* note: more recent updated version below:
https://www.slideshare.net/dmc500hats/branding-strategies-for-better-dealflow-and-fundraising-aka-the-helpful-vc
In this updated edition of our report, we share our continued excitement for the South Korean technology and venture capital ecosystem. With more global investors turning their attention to Korean startups today, we're excited to continue strengthening our presence in the country. The report includes the latest South Korean startup funding data and perspectives from some of the country's leading VCs.
Y Combinator Startup Class #10 : Company Culture and Building a TeamFabien Grenet
Slide utilisé dans le cours n°10 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Alfred Lin
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-10-company-culture-and-building-team-part-1
Y Combinator Startup Class #1 : Ideas, Products, Teams and Execution (Part 1)Fabien Grenet
Slide utilisé dans le cours n°1 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-1-how-and-why-to-start-startup
Worklife Ventures is the first venture capital firm designed for the new era of builders, creators, and individual contributors.
Fomer Zendesker and Head of Social Media at Expedia, Brianne Kimmel, founded Worklife in 2019 as a $5M fund (which included 7 unicorns) with the vision of investing in companies that make work more flexible, creative, and human. Worklife portfolio companies include Webflow, Achie, BaseDash, Tonal, Italic, Feast, & more.
Worklife brags notable LPs including Marc Andreessen, Chris Dixon, Matt Mazzeo, Alexis Ohanian, Garry Tan, and others.
Founded in 2017, Contrarian Ventures is a venture capital firm headquartered in Vilnius, Lithuania investing in early-stage companies operating in the next-generation energy sector working on the sustainable energy transition in Europe and Israel. The describe themselves as 'hands-on, community-focused and founder-vetted European early-stage investors committed to net-zero.'
Contrarian will invest in 25 companies across Europe, with a respective 60%, 20%, and 20% split between SaaS, hardware, and software that specifically powers hardware. This pitch deck helped the European venture capital firm close the first tranche of its new 100 million euros (around $101 million) climate tech fund.
The firm's current LPs include UiPath and N26-backers Molten Ventures, formerly Draper Esprit, and the Grantham Foundation, an organization set up in 1997 to protect of the environment.
Backbone pitch deck: $40M for bringing Xbox games to iPhonePitch Decks
Backbone is the brainchild of a young entrepreneur Maneet Khaira, who was working at Google as an intern when he came up with his startup idea for a device that could turn an iPhone into a portable Xbox.
Backbone One is truly the first mobile gaming controller that turns an iPhone into a portable gaming console. Backbone's $40 million Series A investment was led by Index Ventures, with celebrity investors including Kevin Hart, The Weeknd, Post Malone, Amy Schumer, and music producer Christopher Comstock, aka "Marshmello," who previously invested in Backbone's earlier round.
Compact, natural, and comfortable, the Backbone One iOS controller wraps your iPhone in a high-quality gamepad shell that’s satisfying to play, well-constructed, and accompanied by a genuinely useful app. iPhone’s Lightning port automatically pick up connectivity to Backbone One and the companion app has a lot of useful features too. It can capture, edit and upload gaming content as well as supports voice chat with friends that works across any app.
Read more: vip.graphics/backbone-pitch-deck/
See the deck: bestpitchdeck.com/backbone
Two methods for innovation are Lean Startup and Design Thinking. So how do they work together? We look at when to use what and how to make this practically work.
Patterns of Successful Angel Investing by Simeon SimeonovSimeon Simeonov
Sim Simeonov's presentation from Angel Bootcamp 2011 teaches lessons for successful angel investing based on statistical analysis of thousands of angel investments over a twenty year period. For more info, see http://sim.vc/angels
Y Combinator Startup Class #19 : How to talk to investors 2/2Fabien Grenet
Slide utilisé dans le cours n°18 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Dalton Caldwell, Michael Seibel et Qasar Younis
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-19-sales-and-marketing-how-to-talk-to-investors/
Startup Secrets - Have you got what it takes?Michael Skok
There is a belief in the business world that founders can’t scale. Put another way, a company’s growth curve will eventually outstrip the capabilities of its founder’s ability to remain CEO.
Pre-seed fund Concept Ventures's £50M LP pitch deckPitch Decks
Concept Ventures, formerly known as RLC Ventures, has launched an oversubscribed pre-seed fund to the value of £50 million, which includes a cornerstone commitment from the British Business Bank’s Enterprise Capital Funds programme of £30 million.
Since its 2018 launch, Concept has already backed more than 100 founders at the pre-seed stage, including Reachdesk, Your Juno, and Condense.
Intending to write cheques between £100,000 and £600,000 for pre-seed founders, Concept has plans to invest in at least 60 startups in the next four years.
Read more: bestpitchdeck.com/concept-ventures
How to define and position your VC brand to attract funding and dealflow.
* note: more recent updated version below:
https://www.slideshare.net/dmc500hats/branding-strategies-for-better-dealflow-and-fundraising-aka-the-helpful-vc
In this updated edition of our report, we share our continued excitement for the South Korean technology and venture capital ecosystem. With more global investors turning their attention to Korean startups today, we're excited to continue strengthening our presence in the country. The report includes the latest South Korean startup funding data and perspectives from some of the country's leading VCs.
Y Combinator Startup Class #10 : Company Culture and Building a TeamFabien Grenet
Slide utilisé dans le cours n°10 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Alfred Lin
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-10-company-culture-and-building-team-part-1
Y Combinator Startup Class #1 : Ideas, Products, Teams and Execution (Part 1)Fabien Grenet
Slide utilisé dans le cours n°1 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-1-how-and-why-to-start-startup
Startup Your Startup: Tips and Tricks for Founders at the Starting LineDavid Ehrenberg
When it comes to setting up your business, there are a lot of t's to cross and i's to dot before you can take off. This presentation, from Justworks and Early Growth Financial Services, provides a handy checklist of those things you need to consider and take care of (properly!) when you're starting up, including setting up an EIN, securing SUI, choosing your corporate entity, registering trademarks, and more.
Startup shareholder agreement in Finland, do's and don'ts | Nordic FoundersSergey Gerasimenko
This presentation is an advise on what to you should ask yourself before partnering with anyone, covers what good Shareholder Agreement should have and explains vesting in Finland.
Presentation prepared for Nordic Founders Meetup (http://www.meetup.com/NordicFounders/).
If your company is in the early stages, you may not be giving too much thought to formalizing your accounting systems and processes. But these earliest stages are exactly when you need to establish the structure that will support your company finances, and help define your financial strategy as you grow. Check out this deck to find out how to establish an accounting function that will keep your company in compliance—and that will scale with you as you grow.
Everything startup founders need to know about building a solid accounting and finance foundation for their growing companies.
In this presentation from David Ehrenberg, Founder and CEO of Early Growth Financial Services (www.earlygrowthfinancialservices.com) topics covered include:
- A-P/A-R best practices
- Pre- and post-funding finance functions
- Startup tax obligations
- Building your bottom-up and top-down financial projections
- Financial statements
- Cash flow forecasts
- and more!
Issuing Equity to Employees and Founders: Stock Options and Restricted StockDavid Ehrenberg
Before issuing equity to employees, you need to be aware of the potential consequences. Sure equity is a tool to hire top talent, but how much equity you give — and to whom — is not a decision to be entered into lightly.
For information about issuing equity — and help slicing up the equity pie — check out this deck from Annie Webber from Legal Hero (www.legalhero.com) and David Ehrenberg from Early Growth Financial Services (www.earlygrowthfinancialservices.com).
Managing startup equity (Equity For Startups)Kesava Reddy
Among the more important decisions that an entrepreneur makes is that of raising capital. Many choices have to be made in this context: Debt versus Equity. Own funds versus Funding from outside investors and so on. These choices have long term implications for the entrepreneur as well as the start-up. Equity funding is essential for the growth of a startup. Apart from providing critical funding equity investors also often bring added value by way of connections and strategic advice.
At the same time raising equity capital means sharing control and sharing wealth with the investors in the firm. Allowing investors to engage with the management of the startup calls for a certain degree of compatibility between the investor and the management of the enterprise. Absence of such compatibility can lead to unhappy relationships between the investor and the management team.
All things considered, managing the equity of a start-up is among the most critical decisions that an entrepreneur needs to make. It involves many trade-offs on the entrepreneurial journey. Which makes Managing the Equity of A Start Up a challenge. What does dilution of equity mean? How does the arithmetic of dilution work? How does an entrepreneur decide on when to raise equity? And how much of equity to raise?
Y Combinator Startup Class #13 : How to operateFabien Grenet
Slide utilisé dans le cours n°13 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Keith Rabois
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-14-how-to-operate/
Slide utilisé dans le cours n°20 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-19-sales-and-marketing-how-to-talk-to-investors/
Startup Due Diligence Checklist is a guide for entrepreneurs looking to help themselves during the pre-money phase of building a VC backed startup. The Checklist provides an outline of administrative and operational measures meant to satisfy seed round due diligence. Throughout, hyperlinks to tools, articles and thought leaders are included for reference and further instruction.
http://www.incorporatedprotections.com/
Incorporation Stage Issues and Seed Financings Overview w/ Kristine Di BaccoStanford Venture Studio
Which legal entity is best for your startup company? How should you deal with founder stock and other incorporation issues? How should you structure a seed investment? Kristine Di Bacco, Partner at Fenwick & West, will help you answer these important questions, and others, as you think about the process of incorporating and raising seed financing.
Unintended consequences: important considerations for owners to prepare for t...BuyAndSellABusiness.com
BizON had the honour of sponsoring the Business Transition Forum! We would like to share some valuable information with our audience from the forum in case you did not have the opportunity to attend!
The presentation is about valuation of a start-up and usual deal structure - term sheet.
In the presentation you can find an overview why traditional valuation methods don't work (DCF, P/E multiple,...) and what are the real life approaches. You can also find more about types of the investments and potential exits.
The second part of the presentation is dedicated to the term-sheet and most frequent terms in an equity investment, especially in Central and Eastern Europe. In the presentation are listed the most frequent provision you can stumble upon, but no term sheet includes all of them.
In the presentation you can learn about many different clauses that influence economics and control in a venture capital deal. Nevertheless you should read more on the web (Term Sheet Hacks...) and the books like Venture Deal to have a clear picture if you have a good deal on the table or not for your startup.
Tough times call for tougher measures! As Indian economy transitions from legacy to tech age, businesses including start-ups will face tough times on finance front. The presentation aims to help users understand the basics of managing their finances in difficult times and also on how to innovatively use financial engineering and intellect to tide over the rough weather.
Start, Run & Grow Businesses with Excelor IndiaShashi Mohan
Excelor India, offers a blend of international and domestic experience in setting up of businesses and taking care of operational stuff. We work as your own accounting & compliance team. Its not outsourcing but in-sourcing Excelor India, for taking care of all non-core activities of your business.
A Guide to Buying and Selling a Vacation Rental Management CompanyAmy Hinote
When selling your vacation rental management company, how do you know if the deal is the right one for your exit strategy? Ben Edward's session navigates you through this process and shows a vacation rental manager ways to avoid common pitfalls.
Similar to Y Combinator Startup Class #18 : Legal and accounting basics for startups (20)
Slide utilisé dans le cours n°6 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Alex
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-5-business-strategy-and-monopoly-theory/
Y Combinator Startup Class #5 : Competition is for losersFabien Grenet
Slide utilisé dans le cours n°5 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Peter Thiel
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-5-business-strategy-and-monopoly-theory/
Y Combinator Startup Class #15 : How to manageFabien Grenet
Slide utilisé dans le cours n°15 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Ben Horowitz
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-15-how-to-manage/
Y Combinator Startup Class #12 : Building for the EnterpriseFabien Grenet
Slide utilisé dans le cours n°12 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Aaron Levie.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-12-building-for-the-enterprise/
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)Fabien Grenet
Slide utilisé dans le cours n°7 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Kevin Hale.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-7-how-to-build-products-users-love-part-1/
Y Combinator Startup Class #2 : Ideas, Products, Teams and ExecutionFabien Grenet
Slide utilisé dans le cours n°2 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman.
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-2-how-to-start-a-startup/
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
23. Biggest Take-Aways
• During formation keep it simple, use the
standard, and stay organized.
• Be fair and forward-looking about equity
ownership. Have Vesting!
• Stock doesn’t buy itself.
24. Biggest Take-Aways
• Be savvy about financing instruments,
terms, and common investor requests.
• Founders need to get paid.
• Employees must sign documents to
assign IP to the company.
25. Biggest Take-Aways
• If an employee must be fired, do it quickly
and professionally.
• Know your key metrics.
• Be a legitimate corporation by following the
rules and taking it seriously.