Emerging Enterprise Center Blog - Commentary and Analysis For Entrepreneurs and Startups

I wrote a second guest blog this one is about repurchase agreements and how to prepare for a parting of the ways for Sim Simeonov on the subject of founder agreements. This one is more . The prior one was on the subject of vesting. I have decided to repost it below. Sim's introduction: Following my [Sim's] posts on improving the performance of founding teams, founder agreements and strategies for dealing with poorly performing co-founders, I continue to receive many emails at FastIgnite from entrepreneurs having difficulties with managing and formalizing the relationships with their co-founders. I reached out to my blogger friend... More

A lot of years ago Joe Caruso, CEO of Palomar Medical Technologies, Inc., tried to convince me to go “in-house” at the company. Basically, he said, “look, nobody can blame you for taking a shot.” This was before Palomar’s hard times and, of course, before their current success. Needless to say, I didn’t take the job. Joe is many times a millionaire and I am still scratching around looking for billable hours.  What is it that makes you want to take on an entrepreneurial mission?... More