It's quite difficult to validate an idea, after FFF approved it and when you start development. In our startup we found it quite difficult to find the resources, where our target audience is located.
this is a good question. basically the total amount of shares are reserved for you (in the example - 50%)-no new shares are issued. in the article I provided our(Staply) vesting procedure-if I or my partner leaves the company, he gets a certain percentage of the total amount of shares in accordance with Vesting, other shares destroyed, so the stake of each remaining shareholder increases proportionally to the amount of destroyed shares. in the article you can find example of the statements.
however, vesting is quite flexible procedure and you can easily put the procedure, described in your comment
All these questions I plan to answer in this blog. Personally, I couldn’t find a blog like you had described and that is why i decided to focus on these topics in our own blog.
That’s true. However in some cases it can be difficult to agree on the voting conditions with other founders. If you agree on voting, make sure that you describe the procedure of voting: who can start the voting event, who will prepare a result of the voting, what will be in case when votes for both variants are equal, etc. I think we’ll prepare a separate article about it.
Working on my start-up "Staply https://www.staply.co " - smart messenger for groups. From user prospective - it is a web-based dropbox folder with messenger. Planning to participate in next YC.
"Admittedly, the Supreme Court did not offer the clearest guidance on when a patent claims merely an abstract idea, but it did offer guidance that should help to invalidate some of the more egregious software patents out there." Where can i find this guidance?
"If you send in something that valets can't sell, there's a return fee to have it sent back to you." Not very good for me if i send a big amount of items
nice article and information about linkedin early days, how they test the concept and attracted new users. Maybe now its annoying, but they get many active users.