Do I Really Need a Co-Founder Agreement If We’re Best Friends?"
📄💔 #CoFounderAgreementIndia #StartupContracts #FounderDisputes #StartupLegalIndia #FoundersFirst #BusinessBreakups #LexisAndCompany #StartupLegalTips #PartnershipClauseIndia #StartupProtection 💼⚖️
Founder 1: “We trust each other. No need for paperwork!”
Founder 2 (after 6 months): “I’m taking the idea. Also, the Instagram handle. Bye.” 😵📲💔
🧨 Startups Begin with Passion… and End in Court Without Agreements
A Co-Founder Agreement is not about mistrust — it’s about protecting your roles, rights, revenues, and reputations.
📌 Whether you're brothers, besties, or batchmates — if you’re building a business, document the deal.
#FounderMistakesIndia #StartupsInIndia #FoundersAgreement
📋 What Should Be in Your Co-Founder Agreement?
✅ Equity split
✅ Roles and responsibilities
✅ Decision-making powers
✅ Vesting schedules (protect against early exits)
✅ Exit and buyout clauses
✅ IP ownership (who owns the logo, idea, app?)
✅ Dispute resolution & governing law
🚨 Pro Tip: Add a non-compete clause so your ex-cofounder doesn’t launch a “copycat startup” next door.
#CoFounderClausesIndia #StartupDisputes #LegalStartupToolkit
❌ What Happens Without One?
🧨 Co-founder walks away with IP
💸 Investor due diligence fails
⚖️ Founders fight in court instead of fundraising
😤 Business stalls because no one knows who’s “the boss”
Result? You lose time, traction, and team morale. All because you skipped one document.
#StartupBreakups #LegalDocumentationIndia #FounderFights
💡 Benefits of a Co-Founder Agreement
✅ Avoid future fights
✅ Attract investor confidence
✅ Clarity in compensation
✅ Easy exits, smoother pivots
✅ Protection for founders & the startup’s vision
Think of it as a prenup for your startup marriage 💍📈
#LegalTipsForFounders #StartupFoundationsIndia #StartupPrenup
📌 Start Smart, Stay Friends, Build Safely
At LEXIS AND COMPANY, we help founders craft detailed, future-proof Co-Founder Agreements tailored for Indian startup journeys. Let’s legalise your hustle — minus the headaches. 🚀📄🧠
📞 Call: +91-9051112233
🌐 Website: https://www.lexcliq.com
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