Setting up ownership allocations with Co-Founders can be a very difficult process and it gets even more challenging when determining how much equity to allocate to key employees that come on down the road. Its very important to have legal agreements in place that establish ownership structure and vesting schedules that outline the benchmarks.
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Many entrepreneurs have called Small Business Roundtable seeking advice on how much equity to give up during the early stages of funding and how to determine when equity allocations become fully vested. My guest today is Tim Ferraris, an attorney specializing in corporate law for early stage companies. We will focus on best practices for legal and ownership issues most commonly effecting entrepreneurs.
Tim Ferraris is an entrepreneur and practicing attorney whose law practice focuses on business and estate planning matters. Before beginning his legal career, Tim obtained a B.A. in Political Science from the University of Tennessee and graduated Magna Cum Laude from the University of Tennessee College of Law. In addition to his professional work, Tim serves as Director of “Hit the Road, Leukemia,” an annual fundraiser benefiting blood cancer research. He also has served on the staff of Young Life in Boulder, Colorado. Tim and his wife Katie are the proud parents of their son Jack and daughter Mary Kate.
You can obtain a deeper glimpse into Tim’s world by following @TimFerraris on Twitter. You can also connect with Tim on the web at http://timferraris.com or firstname.lastname@example.org
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