Majority of start-ups are born without a formal agreement between the co-founders of the company. In many cases, when things start getting serious, the founders start having disagreements. The squabbles maybe about the scope of work, responsibilities etc but eventually they turn out to be deeper disagreements about the things that really matter, for example, strategy, equity, and ownership.
SP-TBI has arranged a session with Lead Angels which is going to cover the basics of any Founders agreement-
• What is a Founders Agreement and why it is necessary? • At what stage should a startup make a founders agreement? • Creating a framework for devising an equitable equity split among founders. • Management and Key decisions involved in the process. • Address issues related to ownership.
After this one hour session, the floor will be open for networking and exchange of ideas.
Who should attend? Entrepreneurs, founders, and co-founders of startups Freelancers Budding entrepreneurs
About SP-TBI- Sardar Patel-Technology Business Incubator is an initiative of Bharatiya Vidya Bhavan's Sardar Patel Institute of Technology and is affiliated with Department of Science and Technology, Govt of India. We work as a catalyst for entrepreneurs ensuring they get the best infrastructure, technology support, seed funding, talent pool, mentoring, training and much more. We strive to make startups successful and help them in scaling new heights.
About Lead Angels- Lead Angels is India’s first privately owned angel network. Set by a team originally from IIT Bombay in 2014, we seek to identify passionate entrepreneurial teams who solve a large problem and support them in their journey. Discovery and support are key for successful angel investing in India and is the main focus of our network, we have chapters in five cities. We have chapters in 5 cities and strong affiliations with the ecosystem of academia, incubators, accelerators and venture funds. We have made 24 investments and 6 exits and up-rounds in 3 years of operations.
Date- 6th December, Thursday Time- 6.30 pm to 7.30 pm Address- 1st Floor, RPI building, Outside Bhavan's campus, Near Azad Nagar Metro station, Andheri West