How to Create a Founders Agreement for Your Startup

A founders agreement covers everything from ownership structure to intellectual property rights to which the co-founder can make critical decisions over others. In short — every startup needs a Founders Agreement!

But do We Really NEED a Founders Agreement?

Since co-founders are often very familiar with each other, we can easily jump ahead and forget to formalize anything beyond our basic ownership structure. We snap up titles quickly ("You're the Chief Technology Officer! I'll be the Chief Operating Officer!") among all of the founders and go on our way. We're friends, right? That should be enough... right?

Being Friends doesn't Equal a Founders Agreement

And while all that is certainly true, ...