"So the first agreement that I have to talk about is what I call the founder's agreement, and this is quite key because founders often have a very messy birth process or conception process for what the startup looks like. So what I mean by that is that founders are often meeting new founders, they're hiring new employees, they're attracting customers—they are often doing this without a company. So there's no legal company, there's no legal agreement technically, so it may be two people working in a room and they're just saying ‘I want to work with you.’ And sometimes those teams break up, and then a new founder comes in or a new employee comes in. So what often happens is that the founder's agreement is quite key.” - Jeremy Au, Host of BRAVE Southeast Asia Tech Podcast" - Jeremy Au
In this episode, Jeremy Au speaks on edtech's real buyers, startup law traps, and why founders need better equity deals.
Keywords: Edtech Real Buyers, Startup Law Traps, Founders Need Better Equity Deals, Singapore, Southeast Asia, Education, Startup, Thought Leadership
