$157.5M
No founders agreement.
Snap disclosed paying $157.5M to settle a claim by an early co-founder who was pushed out.
The fix · Founders agreement + vesting, signed on day one.
Corporate for Entrepreneurs
Make your startup
impossible to ignore.
Legal, structure and connections that make investors lean in.
- Founders70%
- ESOP15%
- Investors15%
Founders agreement
Signed
IP assigned
Trademark filed
Bank account opened
Term sheet
- Instrument
- SAFE
- Valuation cap
- Agreed
- Vesting
- 4y · 1y cliff
- Liquidation pref.
- 1x
Clean companies are worth more.
Introducing LRL
The Legal
Readiness Level.
Engineers rate technology from 1 to 9. Now your startup gets a number too. Find out where yours stands, and what it takes to reach the next level.
Find my level 4 minutes · Full report
A Corpreneur framework
LRL
?
What's yours?
Negotiate
No gaps to discount.
Every legal gap is a reason for an investor to lower the price. We remove them.
Close
Faster diligence.
A clean data room keeps the process moving, instead of months of back and forth.
Keep
Stronger terms.
Fewer red flags give investors fewer reasons to ask for protections, and leave you more room to negotiate.
Package finder · 3 clicks
Where are you?
The mistakes that cost millions.
Find your legal readiness level$65M
A handshake deal.
The Winklevoss twins' claim over the idea behind Facebook reportedly settled for $65M.
The fix · Write down who built what, and who owns it.
Your product
Your developer owns your code.
Without a signed IP assignment, code written by freelancers can stay theirs. Investors check this first.
The fix · IP assignment for every founder, dev and contractor.
Figures from public filings and press reports. Shown for illustration only.
Free · 60 seconds of honesty
Roast my startup.
Send your setup. We tell you what breaks first when an investor looks.
Get roasted