About the event.
Looking for a co-founder is difficult on its own. And even when you have finally found a thought partner who can help you build your venture, you are not nearly done. How do you negotiate successfully to protect yourself and your company while incentivising them? How much equity is fair? Do you ask them for investment? What happens if they don't do their job?
The webinar covered:
- How to determine how much equity to offer your co-founder.
- Control and voting: which issues you do and don't have to agree on.
- Vesting: how long it takes for their equity to vest, and whether there is a cliff.
- Responsibilities before and after funding.
- Capital requirements: do they have to invest, how much and under which circumstances?
- Time requirements before and after funding.
- Unwinding: what happens if they want to leave, or you want them to leave.
- Long-term prospects: their role as the company evolves, and salary.
Agenda
- 17:00–17:30 CET — “Find your dream co-founder and negotiate terms that make everyone happy”.
- 17:30–18:00 CET — Case study: the StreamLoan co-founder story with Stephen Bulfer, CEO and Co-founder of StreamLoan.
Speakers.
Elena Gusakova
Founder of Astra Global. Before business development, Elena spent eight years as an M&A lawyer at private equity funds, leading cross-border deals exceeding $600M in total. EMBA from Columbia and London Business Schools.
Victoria Yampolsky
CFA, Founder and President of The Startup Station, an education and advisory platform focused on modelling and valuing early-stage ventures. More than 1,000 founders have taken its courses. BA Cornell, MBA Columbia Business School.
Stephen Bulfer
CEO and Co-founder of StreamLoan, an award-winning mobile and SaaS platform in digital mortgages. Serial entrepreneur with five prior startups, including ionGrid, acquired by NetApp in 2013.