Tag Archives: co-founders

Saks Does Not Take Restricted Stock

It’s no secret that a good founder team is an essential step for a successful startup venture. You hope that your co-founder has the mental toughness to stay strong through the bootstrapping process where short-term milestones typically go unrecognized and bank accounts dwindle. But what about your co-founder’s wife, husband, girlfriend or boyfriend? Your Partner’s […]

Why Good Communication with Your Partner is Essential from the Start

Today I’ll get right to it: You need to have good communication with your partner from the start or else you’ll fumble your initial corporate documents. For example, if a multiple-owner corporation’s bylaws are less than 7 pages, that tells me the corporation’s co-founders did not have enough discussion about how their corporation should be […]