Legal, Founder Agreement, Warrant, & Incorporation

From the Founder Agreement to the Warrant and everything in between. **The information you obtain on this website is not, nor is it intended to be, legal advice. You should consult with an attorney for individual advice regarding your own situation.

Where can I find the Founder Agreement?
To see the Local Founder Agreement, select the city of your choosing from the drop-down on the top right corner of the site, and then go to FI.co/agreements...
Mon, Mar 2, 2020 at 4:43 PM
What is the Equity Collective?
Each alumni company contributes 4% of their equity into a collective, which is shared between each cohort's alumni, mentors, local leaders, and the Fou...
Mon, Mar 2, 2020 at 4:51 PM
Will the Founder Institute help me incorporate?
The Program will include a session about legal topics during the Startup Legal and IP session. If you need help with getting incorporated, you can always as...
Mon, Mar 2, 2020 at 4:44 PM
How does FI’s equity allocation work?
Graduating founders allocate 4% of your company to the Founder Institute through the form of a Warrant or Option, and the Founder Institute then contractual...
Mon, Mar 2, 2020 at 4:52 PM
Do I need to be working with a law firm now?
You should engage a law firm for incorporating your company during the Program, and we will provide you with the guidance and tools to do so. In some countr...
Mon, Mar 2, 2020 at 4:44 PM
How does the Equity Collective allocation work for co-founders or Teams?
Each Founder that contributes a company to the Equity Collective receives an equal share of the 25% allocated to founders. If there are 10 founders in the c...
Mon, Mar 2, 2020 at 4:52 PM
Do I need to use the Founder Institute’s legal partner?
The Founder Institute strongly recommends that Founders go with our legal partner, but we do not mandate it. Our legal partners deeply understand the Founde...
Mon, Mar 2, 2020 at 4:44 PM
What are the potential returns?
Even in small acquisitions of $5 MM or less, the financial return from the Equity Collective far exceeds the average course fee by multiple times. Below are...
Mon, Mar 2, 2020 at 4:53 PM
Am I required to incorporate in my home country?
You are allowed to incorporate in whatever country you see fit, as we have localized agreements in many jurisdictions.  During our Startup Legal & I...
Mon, Mar 2, 2020 at 4:45 PM
How do I join the Equity Collective?
At approximately 1/2 way through the Founder Institute program (around the "Startup Legal & IP" session), you will be required to incorporate ...
Mon, Mar 2, 2020 at 4:54 PM