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salimmadjd
on Sept 5, 2012
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AngelList Docs - Close your round online
This is a good first step, the question is how much protection founders gets. Are there any triggers if the founder is pushed out?
naval
on Sept 5, 2012
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In most Series Seed financings, the Founders retain Board Control and can't be pushed out by just the Investors. If they're pushed out by the other founders and by the investors together, then their vesting agreement will govern what happens.
djb_hackernews
on Sept 5, 2012
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It says the TS is based on series seed docs.
http://www.seriesseed.com/
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