Do I Really Need a Cofounder Agreement for My Startup?” ๐ฌ๐๐ผ
You and your college buddy just launched the next “Bharat ka Unicorn” ๐ฆ๐
You're handling tech, he’s handling finance... but no written agreement. You trust each other. What could go wrong?
Answer: EVERYTHING. ๐
❓Client’s Question:
“Is it necessary to make a cofounder agreement when starting a company in India with a friend or partner?”
๐ง #StartupIndia #CofounderAgreement #FoundersAgreementIndia #StartupLegalTips #BusinessPartnersIndia
✅Our Answer:
YES — without a Cofounder Agreement, you're basically running on vibes and verbal promises ๐ฌ
A Cofounder Agreement is not just a document, it’s your startup’s prenuptial — and no, WhatsApp promises won’t save you in court! ⚖️๐
๐ฏ Top Keywords: Cofounder contract, startup founder agreement, equity split, startup disputes, startup documentation India
#StartupLaw #IndianStartups #StartupLegalHelp #FounderFriendshipTest #FoundersFightLegal
๐ What a Good Cofounder Agreement Covers:
✅ Equity distribution & vesting schedule ๐ฅง
✅ Roles & responsibilities ๐ง๐ป๐ง๐ผ
✅ IP ownership & confidentiality ๐ง ๐
✅ Exit clauses & conflict resolution ๐ช๐งพ
✅ Decision-making rights and deadlock solutions ๐ง ⚖️
๐ก Think of it as a friendship insurance for your startup dream! ๐
#StartupFounderTips #StartupAgreementChecklist #FoundersAgreementIndia #StartupStructureIndia
๐กWhy You Need It (Even If You’re Besties):
✔️ Prevent future disputes over control or shares ๐ฅ
✔️ Protect IP and data created by either cofounder
✔️ Keeps things crystal clear during investor rounds ๐ฐ
✔️ Legal clarity = strong investor confidence ๐
✔️ Avoid expensive litigation if things go sour ๐ฃ
Real Story: We’ve seen brilliant startups collapse because “bro-code” failed and there was no signed agreement. Don’t be that bro ๐ ♂️
#LegalStartupProtection #AvoidFounderFights #StartupSuccessTools #CofounderBreakup
๐ผ Whether you’re coding in a garage or pitching in a boardroom,
a Cofounder Agreement is your legal oxygen.
At LEXIS AND COMPANY, we help startups create crystal-clear, investor-ready cofounder agreements that protect you from day one — even from your BFF! ๐ก️๐
๐ For drafting or reviewing your Cofounder Agreement,
Call: +91-9051112233
๐ Website: https://www.lexcliq.com
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