3.103 Founders and Early Talent





You will need many people to contribute to the early success of your new venture. In addition to founders, you will have advisors, consultants, and early employees. How do you correctly identify and compensate founders? How do you avoid common pitfalls in negotiating agreements with early employees and consultants? What should an invention assignment agreement contain and who needs to sign one? What terms should a founder’s agreement contain that will protect both the founder and the company?