Warrant
Similar to a stock option, a warrant is an agreement between two parties that gives one party the right to buy the other party’s stock at a set price, over ...
Tue, Mar 22, 2022 at 5:06 PM
The Warrant agreement can be viewed here. Our idea-to-exit support is made possible by sharing in the financial upside of our alumni. More than just a ...
Tue, Mar 22, 2022 at 5:06 PM
Warrants have a number of advantages over equity. Warrants ensure that any equity placed in the Equity Collective for the Founder Institute and other stak...
Tue, Mar 22, 2022 at 5:07 PM
No, but maybe in the future, or possibly never. The Warrant grants the Founder Institute 2.5% when the Warrant is activated. This 2.5% is fully dilutable ...
Tue, Mar 22, 2022 at 5:07 PM
The Warrant grants the Founder Institute 2.5% at the time of the first Qualified Equity Financing. There are two types of investments done by founders, ...
Tue, Mar 22, 2022 at 5:07 PM
FI is not a shareholder of your company until the Warrant is exercised. Until the exercise of the Warrant, FI will appear on your capitalization table along...
Tue, Mar 22, 2022 at 5:07 PM
The Warrant grants the Founder Institute 2.5% at the time of the first Qualified Equity Financing, which is a minimum of $100,000 for outside capital or $25...
Tue, Mar 22, 2022 at 5:08 PM
Upon exercise of the Warrant, the Founder Institute would be a minority shareholder. It does not grant any board seats and voting rights would be limited.
Tue, Mar 22, 2022 at 5:08 PM
If you drop out with more than 45 days left before Graduation, then you are not obligated to issue the Warrant. However, if you drop out with less than 45 d...
Tue, Mar 22, 2022 at 5:08 PM