What Should Your Startup Vesting Be?
Ғылым және технология
You and your co-founder start your company, and you divide up the equity between you. It sounds simple enough, right. Then you raise money and your new investors demand you have a vesting schedule for your equity.
So the question is are your investors right? Do you really need a vesting schedule for your equity?
In today’s video, I’ll explain:
Why you want your equity to vest over time?
What should your equity schedule be?
What should you do if you didn’t set up a vesting schedule when you started your company?
I hope you like it.
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To get your free Startup Pitch Deck Template go to: www.brettjfox.com/startup-pitch-deck-template-youtube/
Thank you Brett.
@BrettFoxstartupceo
Жыл бұрын
you're welcome!
Super helpful!!
@BrettFoxstartupceo
5 ай бұрын
Glad to hear it!
I love your content Owen from Japa
what I learned there is a lot of legal work to start a startup. Im an operating startup, close to breakeven and if I start spending money on legal work like this.. my runway will vaporize. How do I prioritize? When does all this have to be done? Who pays for all the legal work on a raise?
@BrettFoxstartupceo
11 ай бұрын
These are great questions. The answer to who pays for the various legal bills your company has is, of course, your company. The best advice I can give you is adding in legal bills to your budget.
Great content, thank you Brett. I have a question. Let's say my co-founder (Ben) & I put in $100k into my startup where I hold 80% as it was my idea and i have put in more ground work time. On company's registration, Ben's share is $20k at 20% with vesting schedule. If for some reason i have to let him go within the 1 year cliff, do i just buy over his shares at $20k or will be base on company's value at that point of time? (Assuming there is no revenue yet) What if there are some revenue but still operating at a loss? How should i handle the return of Ben's investment?
@BrettFoxstartupceo
11 ай бұрын
Thanks for the kind words. I wrote a blog post on this subject that you can read here: www.brettjfox.com/how-do-you-buy-out-your-co-founder/