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founder shareholders should be aligned - Coggle Diagram
founder shareholders should be aligned
journey & adventure - it is a ride!
make unknow trip to the other side of the ocean
start with a boot that isn't made for ii
good but also bad wheather conditions
unexpected situation - find food, get on right course, don't be sailed over by an oil tankder
start from 0
you walk a marathon
balanced team
a crew
better for an investor
redundancy
transparency & trust
you don't give anything - you get something
fyll instead of partial commitment
not give up
a lot of experiecne - I made the trip before!!!
conflicts is about power, money & ego's
have the passion
principle be equal in nbr of shares and treatement (agreement, payouts...)
avoid conflict during the journey
it is already difficult to cross the ocean
the company trip has still to start
everyone has a certain experience/ competence
difficult to value who has more or less
also depends on the resilience for unexpected sitatuions
for sell the company double of the price at the end
it is a risc
starting a business is a risk by nature
for all parties - also for me
everyone in the board! some decision power
cofounder from the first minute
important decisions with long term impact
license & shareholder agrement, supplier agreements
CEO
everyone should be in the board
who present itself to the outside world
avoid conflicts or ego's
less percentage
work with milestones
everyone should work with milestones
complex an reason for discussions yes, but ... milestone almost reached, manipulation, no healty situation,
decision driven towards the milestones and not to the result & interest of the company
never do earn outs
no coorperation on the same level - while we are in the same boat!!!
break down risc
cash is finised
invest 30, 40 or 50K each
better to negotiate with Istart
payout 2500 per month to each of us
credebility towards investor
30000 startups - 0,25% is scale up after 5 years!! Deloitte study