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Theres a lot to consider when starting a business, but the relationship with your co-founders is probably one of the most critical parts. I learned about early vesting and salaries the hard way. On the company I started in 2012, we did have a good vesting agreement in place, but failing to define salaries spiraled badly. I ended up with about $16,000 in credit card debt, which may not sound like a lot to you, depending on where you live but 23-year old me, living in Costa Rica where the salary that I could aspire to was $12,000 a year- it looked like I was going to spend the rest of my twenties paying that back. So today, we are looking into founder agreement when starting a business. Now, lets start with stock and vesting. Once again, if you dont understand how stock works, you should check out this video. Lets look at a simple and common scenario. Founder A comes up with a business idea for a tech startup. He has a business background and is a great hustler, but cant code. He
