This is a founder or CEO question that is foremost when seeking venture capital funding …. or if it is not, it should be. Read advice and reality. Entrepreneurs
Excerpt: There is a question that most founders ask when organizing their startup companies in preparation for fundraising with the angel and venture capital community:
“Should I protect myself against getting fired from my position with the company? Maybe a severance payment clause or a clause accelerating the vesting of my stock if the VCs fire me without cause?”
Read full article via Guarding Against the Angels | Wharton Magazine.