Entrepreneurship · Library course

Agree Equity, Vesting and Who Decides With Your Co-Founder

Settle the split, the vesting and who has the final call before you start, so a founder leaving or a hard disagreement does not cost you the company.

  • Advanced
  • 17 lessons
  • 37 min to complete

7-day preview, no card needed. The course is in the library the day your academy goes live.

Entrepreneurship

What it covers

What your people will learn.

  • Entrepreneurship

The founding agreement is cheapest to write in the week you start, before either of you has a past to defend.

Most founding pairs agree on the idea and leave the rest unspoken: how the company is split, what happens if one of them leaves, and who decides when they disagree. Months later a founder drifts out still holding half, or the first real disagreement runs for weeks because nobody has the final call. When investors judge why startups succeed or fail, they weigh the team more heavily than the product or the market, and the team is the part of that risk you can reduce by talking.

This course takes you through each decision in the order it needs settling. You work out why a split close to equal usually beats a "fair" one and when it does not fit, how vesting and leaver terms protect the company, and why the paperwork and deadlines depend on the country you incorporate in. Then you put one name against each kind of decision, write down where each role stops, and answer ten questions apart before comparing.

You walk away with one page that states your split and its reason, your vesting or leaver terms, a decision table and your role edges, ready for a lawyer where you incorporate.

Who it's for

First-time co-founders: about to split equity and want a structure that still holds two years from now.

Solo founders recruiting a partner: need to settle vesting, roles and decision rights before the first promise is made.

Teams running on a handshake: want to write the deal down before a disagreement forces the issue.

The lessons

17 lessons, in order.

About 37 min to complete. Add the course and every lesson is yours to publish as it is, or to edit.

  1. The Conversation You're Both Avoiding2 min
  2. Why an Equal Split Usually Beats a Fair One2 min
  3. When an Equal Split Does Not Fit2 min
  4. Answer the Case for an Unequal Split6 min
  5. Split the Equity Knowledge Check1 min
  6. Vesting Protects the Company From an Early Exit2 min
  7. Leaver Terms Depend on Where You Incorporate2 min
  8. What a Handshake Looks Like Two Years Later2 min
  9. Propose Vesting Without a Fight4 min
  10. Plan for a Founder Leaving Knowledge Check1 min
  11. Decide Who Has the Final Call2 min
  12. Write Down What Each Role Does Not Do2 min
  13. Explain One Name per Row3 min
  14. Answer the Ten Questions Separately1 min
  15. Turn the Agreement Into Signed Documents2 min
  16. Run the Founding Session2 min
  17. Decide, Divide and Sign Knowledge Check1 min

In your academy

A starting point, not a rental.

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  1. 1

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  2. 2

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  3. 3

    Practice

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