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A co-founder agreement prepares founders for potential conflict, emphasizing the importance of maintaining relationships if things go south. It functions similarly to a prenuptial agreement, outlining essential terms to safeguard both parties. In this tutorial, startup lawyer Feijo explains the purpose of such agreements, key terms to consider, and the typical lifecycle of one. He highlights that co-founder disputes are a leading cause of startup failures, suggesting that a well-crafted agreement can mitigate such risks. By establishing clear expectations and roles, co-founders can help ensure stability and focus on growth rather than conflict.