Venture Deals · glossary
The founders’ first contract, setting out their shares, roles and promises. Solaris’s made Elena Marsh chief executive, promised reverse vesting and assigned the founders’ intellectual property. Its vesting promise failed because the constitution did not carry it. Appendix 3 · Chapter 2
Explained in Chapter 2, Founding a Company, of Venture Deals.
Their promises to each other went into a two-page founders' agreement. The Investment Agreement now carries it as Appendix 3. Every later deal in this workbook changes those first two lines of the register.Read Chapter 2, Founding a Company →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Venture Deals and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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