First Round Funding Terms and Founder Vesting

I’m putting millions of dollars in your company.  My thesis is YOU.   I need some protection that you’re not fully or mostly vested where you could simply walk away with a large stake in the company, screwing not just me but the entire employee base of the company.  I’m not Sequoia.  I’m not looking to bring in a new team to replace you.  If you leave my thesis is largely out the door.

 

(Full Post: http://www.bothsidesofthetable.com/2009/08/17/first-round-funding-terms-and-founder-vesting/)


imgres.jpeg

Mark Suster 

Mark Suster is a 2x entrepreneur and an investor. He joined Upfront Ventures in 2007 as a General Partner after selling his company Koral to Salesforce.com. He focuses on early-stage technology companies. 

Twitter | Blog 




Filed Under:
Collection: Funding
Category: Term Sheet Terms