Legal basics for startups. Dont forget vesting, even for solo - TopicsExpress

Legal basics for startups. Dont forget vesting, even for solo founders! In Silicon Valley the so called standard vesting period is four years with a one year cliff. This means that after one year, the Founder vests in or fully owns twenty-five percent of the shares. Then the remaining shares vest monthly over the next three years. Wow incorporating a Delaware Corporation costs less than $100 using clerky youtu.be/EHzvmyMJEK4

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