We’re Friends, Do We Really Need a Co-Founder Agreement?"
π¬π #CofounderAgreementIndia #StartupFounders #FriendshipVsFormalities #LegalStartupTips #AvoidFounderFights #StartupDisputesIndia #LegalShieldForFounders πΌπ₯
Startup Bro 1: “We trust each other, we don’t need paperwork.”
Startup Bro 2 (after 6 months): “Bro, you took the idea and left?”
Us: “See, this is why we say... get it in writing BEFORE the fight.” π₯²π
π Why a Co-Founder Agreement is Your Startup's Prenup!
Before the pitch decks, product launches, and press releases…
You need to define:
✅ Equity Split – Who owns how much, and why
✅ Roles & Responsibilities – CTO ≠ Coffee Making Officer
✅ Exit Clauses – What happens if someone leaves?
✅ IP Ownership – Who owns the code, logo, content?
✅ Non-Compete & Confidentiality – Protect your hustle!
#FoundersAgreementIndia #StartupLawBasics #EquityDistribution #StartupIPProtection
π What Happens Without It?
❌ Co-founder disappears with the app
❌ Revenue split confusion turns ugly
❌ New investor demands clarity, and you’ve got vibes instead of docs
❌ Legal battles over the name YOU coined
Fun fact: 65% of startup breakups in India stem from unclear founder arrangements. Don’t be that case study. π¬π
#StartupMistakes #CofounderDrama #LegalStartupStrategy
π Real Story We’ll Never Forget:
A founder actually wrote their agreement on a tissue paper at Starbucks.
Two years later… court battle.
The tissue didn’t hold up in court. (Shocking, right?) π
π☕️
π Pro Tip:
If you’d sign a lease with your landlord, why not an agreement with the person who’s building your dream with you?
Let LEXIS AND COMPANY draft your Co-Founder Agreement – clear, customised, and courtroom-proof. We prevent co-founder meltdowns before they trend on Twitter. π«π₯π
π Call: +91-9051112233
π Website: https://www.lexcliq.com
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