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Where can I get a boilerplate agreement between an Idea Cofounder and a Tech cofounder (developer)?

Agreement about sharing equity among cofounders that we won't regret in the future. We cannt afoord legal fees at the moment.

7 Replies

Derick Smith
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Derick Smith Entrepreneur • Advisor
CEO @ Chainreactor
YCombinator or Seedhack
Tarek Hassan
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Tarek Hassan Entrepreneur
Sales and Business Development
Have you looked at www.shakelaw.com? Founders accords
Judith Hurwitz
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Judith Hurwitz Entrepreneur
President & CEO Hurwitz & Associates
Before you go to a lawyer have a conversation with your founders. You need to decide what your goals are. Are you looking to self-fund your venture? Are you going to go for angel funding or venture capital? Are you going to build something that is a natural fit with another larger company that might buy your company in the next couple of years? Is there a chance that you might have to spend a long time building something? What are the objectives of each founder? Are all founders committed to investing a full time effort? Do some founders provide greater value either in terms of technical knowledge or a network of potential customers? Do the founders have the resources to survive the startup stages?
I would have these discussions before you start with a formal agreement. At the outset everyone is excited about the journey ahead but it is better to have these discussions before there is money involved than after things either go big or go bad.
Matthew Maly
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Matthew Maly Entrepreneur
Founder at PSYCLUE
Derick SmithDid not understand your message...
Derick Smith
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Derick Smith Entrepreneur • Advisor
CEO @ Chainreactor
https://www.ycombinator.com/resources/#documents

http://seedcamp.com/seedhack-founders-collaboration-agreement-version-2-0/
Mike Moyer
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Mike Moyer Entrepreneur • Advisor
Managing Director at Lake Shark Ventures, LLC
If you're using Slicing Pie for a perfect equity split, you can access agreement templates here:http://slicingpie.com/silcing-pie-friendly-lawyers/

Both attorneys on the page have templates.
Matthew Maly
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Matthew Maly Entrepreneur
Founder at PSYCLUE
Derick Smith Thank you very much! Exactly what I was looking for!
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