Advisors handshake-only?
Founder advisor deals stay handshake yearly. Disputes erupt later.
1. The problem
First-time founders grant advisor equity handshake-only yearly. Vesting never discussed explicitly. Time commitments drift vaguely. Disputes erupt at fundraises. The hardest part is fair paperwork fast. A lawyer might bill thousands. That uncertainty makes it hard to formalize wisely.
“Handshakes erupt later here. I need plain builders with vesting flows.”
2. What exists
Lawyers, Clerky templates and FAST agreements paper advisors, while handshakes persist yearly. Lawyers bill steeply hourly. A template might confuse starters. There is little help with plain-English builders plus vesting flows for founders.
3. The solution
The solution could be a formalize-wisely engine. It could set equity bands simply. It could vest monthly wisely. Signatures could close digitally. The goal would be committed advisors, clean cap tables.
FAQ
Common questions from people facing this problem.
How to paper advisor deals?
Equity plus vesting in writing.
How much advisor equity?
Quarter to one percent typical.
How to vest advisor shares?
Monthly over two years.
Filed under: startups ideas
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