How to Divorce-Proof Your Startup

Do you know How to Divorce-Proof Your Startup? A co-founder's divorce can destroy your company, and a lawsuit between founders after a business fails can be "worse than any divorce you've ever seen". In this interview, Silicon Valley lawyer Cassady Toles reveals his best-case scenario for protecting your company: write the founders' spouses into the operating agreement and have them sign for a specific percentage from day one. Learn why this is crucial in community property states like California , and get other critical legal advice on co-founder agreements, NDAs, and why you shouldn't incorporate in Delaware yet. Check out the company: https://flatratelaw.com

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🕒 CHAPTERS

00:00 - The Legal Mistake That Can Haunt You for 10 Years

02:11 - A Lawyer's Warning: Don't Incorporate in Delaware (Yet)

05:58 - The #1 Thing Your Co-Founder Agreement is Missing

09:04 - How to Divorce-Proof Your Startup

10:14 - Shareholder Agreements: Limiting Investor Control

16:48 - The Real Reason VCs Won't Sign Your NDA

20:19 - Employment agreements

22:22 - Employee Share Option Plan

26:08 - How to Hire a Startup Lawyer (And Avoid Getting Ripped Off)

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