When you raise money, the investors want the founders to stay back and run the show. Although you may have agreed for a reverse vesting schedule, but while onboarding investors they may ask for few years of lock-in for founders. This is critical from a strategic and company’s perspective.
The current episode of eLagaan Whiteboard Friday talks what implications founders lock-in brings and helps you understand the implication around this clause so that you are aware and be prepared for acceptable terms.
For queries: hello@eLagaan.com
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The post Founders Lock-in [Whiteboard Friday] appeared first on NextBigWhat.
Author: eLagaan
Source : https://nextbigwhat.com/founders-lock-in-whiteboard-friday/
Date : 2020-08-21T04:30:00.000Z