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Startup Governance
Startup Governance

 

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Alex Norman
TechTO Co Founder & AngelList Canada Partner

It depends on the stage and how much you have already allocated to employees already.  Generally it will be 10% to 20% of the company.  If you are raising a round most VCs will ask to make the allocation before they invest.

 

The proce... (More)

Alex Norman
TechTO Co Founder & AngelList Canada Partner

Typically you can't get a program with less than 3 FTEs.  Under 10 employees what you are basically purchasing is an admin  layer for the benefits.  

We used Ownr which is an online way to register your corporation. Founded sounds honestly better than Owner so I'm glad you shared it.

I think the book Venture Deals21 may give you the practical knowledge of how to structure your incorporation to best... (More)

Mayur Gadhia
Founder, CloudAct CPA Professional Corporation

At an early-stage, the sweat equity is ideal compensation model for two reasons: 

  1. Reduce the strain on your limited cash flow - so you deploy that cash in the operation
  2. Skin in the game is a great way to motivate the advisor. If they are not wil... (More)
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