Founder Lock-In | Know Your Term Sheet

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In this episode, Kushal explains the founder lock-in clause and why it exists. He also talks about the benefits of carving out a percentage of your ownership as a founder that is without lock-in.

Written by: Kushal Bhagia (on screen)
Editing/Production: Noah Martins
Graphics: Aman Jain

Know Your Term Sheet is a series through which we at First Cheque are simplifying the jargons of the startup world for first-time founders, and anyone else interested in learning!
  1. First Cheque
  2. starting a business online
  3. vesting
  4. vesting period
  5. founder salary
  6. startup founder salary
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Informative.

But pls throw some insights about VC exits. How VC exits from one company. What are their aspirations and whether founders could buy back the shares from VC back?

jith