Most founders build products.
Serious founders build companies.
Companies run on systems, agreements, and documentation.
Not memory.
Which document do founders ignore the most?
Equity is ownership, not a thank-you gift.
Before giving it away, ask:
• Do they create leverage?
• Are they taking real risk?
• Will they matter in 5 years?
A bad cap table can cost years.
What’s the biggest equity mistake founders make?
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