Tag: founder legal checklist

Why Startup Pilot Agreements Deserve More Attention Than Founders Think

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Why Startup Pilot Agreements Deserve More Attention Than Founders Think A pilot is not a small contract. It is compressed commercial risk.Many founders treat pilot projects as small, informal and low-risk.That is understandable.A pilot often feels like a practical test before the “real” commercial relationship begins. The customer wants to...

Why Founders Should Take LOIs and MOUs More Seriously

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Why Founders Should Take LOIs and MOUs More Seriously Why Founders Should Take LOIs and MOUs More SeriouslyThe document may be called “non-binding”, but that does not mean nothing is bindingMany founders treat Letters of Intent and Memorandums of Understanding as harmless paperwork.That is understandable.They often appear early in a...