Simple Agreement for Responsibilities and Equity (SURE) for earliest-stage teams
founders-pie.com
founders-pie.com
Many less experienced early-stage founders (like me) miss to talk about all essentials you should talk about, before start working together.
The idea is to establish a simple agreement that covers everything from equity split to personal run rate to fundraising philosophy.
Its supposed to prevent founder teams from breaking up due to misunderstandings or "I cant remember agreeing to this"s.
This is why I developed the Founder's Handshake and would love to get your feedback on it!
What do you think is important early on? How should this agreement be structured?
Looking forward to hear your take on this!
Cheers Johannes
2. what happens to the IP developed between the Handshake and the decision to discontinue collaboration? I.e. when some of the founders decide to proceed and to incorporate, while other(s) decide to discontinue.