Why a founder agreement is essential when you start a company with others
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Why a founder agreement is essential when you start a company with others 1:37 min
Yele Bademosi is the Founder & Managing Partner of Microtraction — an angel fund based out of Lagos, Nigeria. Prior to Microtraction, Yele was the General Manager and Employee #1 at Starta, a resource platform & community for African Entrepreneurs. He spent a year learning iOS Development & UX/UI design later founding Purple, a social app for university students in the U.K. After Purple, Yele led product design at Rocko Labs, a product development studio and shipped products like Postnote & Clink
You’re doing an entity to, even sort of create that argument within the founders. But it’s literally like saying we have, um, hired a group of three to four founders working on an idea together and you know, this is how we planned to split equity between ourselves.
And so, that way you don’t have to show whereby, performance or six months out working on the idea for a while and then you… Sign in to continue