the founder memo

So, you found a co-founder. Now what?

What's the deal with Delaware?

Safe round or priced round? That is the question.

Don't give your investors common stock.

No IP assignment? No investment.

Is it SAFE?

Unvested shares don't just "buy back" themselves

Dead equity makes your company uninvestable

Miss This Report, and Your Company Can Be "Canceled"

Beware the Liquidation Preference, the "Smooth Criminal"

Welcome to The Founder Memo