Today I stumbled upon an informative piece by Joseph Hadzima, a Senior Lecturer at MIT's Sloan School of Management. It provides a good overview of some of the inner workings of founders' compensation, vesting, the law surrounding such matters, etc.
He contends most" ventures fail because of people issues and are really a failure of the relationships among the team members" and says the best way around this is fully discussing and disclosing equity structure from the start. Good, common sense, advice that apparently goes unheeded too often.
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