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Cofounder Dating

Cofounder Dating

Cofounder dating is the evaluation period (typically 1-3 months) between potential cofounders before formalizing the partnership with a founders agreement and equity allocation. It is designed to test working compatibility through actual collaborative work (not just conversations), complementary skills coverage of what the business actually needs, value alignment on the fundamental questions (vision, ambition, work intensity, ethics, exit goals), and shared vision for the company being built. The discipline matters because the cost of formalizing a bad cofounder partnership and then breaking up is enormous (it typically destroys the company) compared to the cost of a thorough dating period upfront. It is the structural proc...



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Spousal Consent

Spousal Consent

Spousal consent is the document where a founder's or employee's spouse acknowledges and agrees to the company's equity terms (vesting, transfer restrictions, repurchase rights). It is important in community property states (CA, TX, WA, AZ, NV, ID, LA, NM, WI) where state law may give the spouse a legal interest in equity acquired during marriage, binding the spouse to the same restrictions and preventing complications from divorce, death, or transfer. It's a small piece of paperwork that prevents large complications later.

The community property concept:

Community property states (9 states): California, Texas, Washington, Arizona, Nevada, Idaho, Louisiana, New Mexico, Wisconsin.

Default rule: assets acquired during marriage ...



Article

CEO

CEO

The CEO (Chief Executive Officer) is the highest-ranking executive of a company, responsible for strategy, capital allocation, top-level hiring, and accountability to the board. The role also owns key external relationships with investors, the board, major customers, and partners. At most venture-backed startups it is held by a founder (the "founder-CEO") during early and growth stages, sometimes transitioned to a "hired CEO" during scale-up or later stages. It is the role that anchors the company's strategic direction and the position where most operational authority concentrates in venture-backed companies.

The core responsibilities of a CEO:

  • Strategy: setting the company's strategic direction, prioritizing markets and products, deci...


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Brand Voice

Brand Voice

Brand voice is the consistent personality and writing style that distinguishes how a brand communicates across all channels. It spans website copy, email, social media, product copy, customer support, sales materials, blog posts, and error messages, defined by specific personality traits (friendly, expert, irreverent, warm, technical) that create recognition across touchpoints. It's the verbal counterpart to visual brand identity; both should work together to create a distinctive brand experience.

What brand voice consists of:

Personality traits: 3-5 adjectives describing how the brand sounds (e.g., "friendly expert," "trusted advisor," "irreverent guide," "no-nonsense partner").

Tone variations: how voice shifts in different co...



Article

Legal Structure

Legal Structure

The legal architecture that holds a startup together. This cluster covers entity types and formation (LLC, C-corp, Delaware), governance (board, officers, fiduciary duty), IP protection (trademark, patent, copyright, work-for-hire), employment law (NDAs, non-competes, employment agreements), commercial contracts (MSA, indemnification, arbitration), and privacy/compliance (SOC 2, GDPR, DPAs). 46 entries.

Founders skip this stuff until they can't. The cost of getting it right early is low; the cost of getting it wrong is brutal at diligence or in court.

Entity formation and types



Article

Voting Rights

Voting Rights

Voting rights are the contractual rights of each share class to vote on corporate matters such as director elections, mergers, and charter amendments. They are typically structured as one vote per share for common and vote-as-converted for preferred, with separate class votes and supermajority thresholds creating control structures that can diverge significantly from raw ownership percentages. It is the mechanic by which equity ownership translates (or fails to translate) into governance control.

The structural layers of voting rights in a typical venture-backed cap table:

  • General matters (election of directors, ordinary business): all stockholders (common and preferred, voting on as-converted basis) vote together as a single...


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Supermajority Vote

Supermajority Vote

A supermajority vote is an approval requirement set higher than a simple majority of the relevant voting power, typically 66.67% (two-thirds) or 75% (three-fourths). It applies to outstanding shares, the relevant class of preferred, the board, or other defined voting body, used for corporate matters significant enough that a simple majority is considered insufficient protection against changes affecting minority interests. It is a structural protection that creates higher barriers to action on matters where minority stockholders or specific share classes need elevated consent rights.

The contexts where supermajority votes appear in venture-backed companies:

  • Bylaw amendments: many corporate bylaws require supermajority bo...


Article

Moat

Moat

A moat is a durable competitive advantage that protects a company from competition over time. Popularized by Warren Buffett as a metaphor for structural defenses surrounding a business (like a moat surrounding a castle), the main categories are network effects (value increases with each additional user), scale economies (larger competitors have cost advantages smaller ones can't match), brand (customers prefer the trusted name even at higher prices), switching costs (customers find it expensive or painful to leave), regulatory (licenses, certifications, compliance position), and proprietary technology (defensible IP or unique capability). The discipline is honestly assessing whether a company has a real moat or just temporary advantage...



Article

Teaser Deck

Teaser Deck

A teaser deck is an abbreviated 4 to 6 slide pitch deck used for cold outreach or investor screening, designed to earn a follow-up meeting. It communicates just enough about the opportunity to earn the next conversation rather than to close a round, and is often paired with a one-pager or executive summary for context. It is the document founders send when they want to test investor interest before committing to the full pitch process.

The standard structure of a teaser deck: slide 1, title and one-line tagline (company name, what you do, who for), slide 2, problem and opportunity (one slide combining the customer pain and the market context), slide 3, solution and product (what you built and the key insight), slide 4, traction ...



Article

Account Executive (AE)

Account Executive (AE)

An Account Executive (AE) is the salesperson responsible for closing B2B deals end-to-end, owning the sales cycle from qualified opportunity through contract signing. AEs typically pick up opportunities from SDRs or self-source, then run discovery, demo, proposal, and negotiation. Quotas scale with deal size, and the AE role is the most directly revenue-tied position in most sales-led companies. It's the closer role; sales productivity often pivots on AE quality and capacity.

The AE role specifics:

Owns the deal: from qualified opportunity to closed-won (or closed-lost). End-to-end accountability.

Carries a quota: typically $0.8M-$2M+ annual quota for SaaS AEs, scaled to ACV band and segment.

Compensation structure: 5...



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