LibraryScenariosWhen founding teams avoid crucial equity conversations until external pressure forces them
Scenario

When founding teams avoid crucial equity conversations until external pressure forces them

Our three-person founding team has been working together for two years and we've never explicitly talked about equity adjustments or vesting schedules and now that we're raising our Series A the lawyers are asking questions we can't answer. We all have different assumptions about what we agreed to and I'm realizing we've been avoiding this conversation because we're afraid it will break apart the team.

Aurelius
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More people experience this than they realize.

What we've seen

Your team never settled who owns what, and you've all avoided the talk because it might blow up the team.

Ideas that help explain it
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