You found a great co-founder. When should you formalize your relationship? You may be tempted to draft a founders’ agreement to demonstrate trust in the partnership, but before you make a legal commitment, make sure you’re aligned with your co-founder in 3 critical areas.
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Lara Hodgson, Co-Founder and CEO of NOW Corp, shares practical lessons she learned while scaling 2 startups, including how to build a powerful and passionate founding team, get the most from your board, and maintain balance as you scale.
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Research shows that establishing a founders’ agreement prematurely often generates founder conflict—a leading cause of startup death. Can writing a founders’ agreement help you mitigate future conflicts and save your business? Before you rush into an agreement, understand the underlying mechanics and learn how to customize them to strengthen your co-founder relationship.
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