|MedAfrica (MedKenya) winning team of PIVOT 25 in 2011|
The Team vs the Idea
|illustration of popular Hacker, Hustler, Hipster dream formation|
As an experiment, we have set Inclusion of a domain expert in startups in specialised domains of the new mobile impact ventures program at m:lab East Africa a requirement. We anticipate good results especially with respect to appreciation of customer insights.
A typical founder vesting agreement reads as follows :-
- Until and through [FIRST VESTING DATE], neither Founder’s shares will vest
- On and not before [FIRST VESTING DATE]– [25% ] of each Founder’s shares will vest
- On and not before the 1st of every month thereafter, [1/36TH] of the remaining [75%]will vest
- Thus, on [END DATE] (the "Full Vesting Date"), each Founder will be 100% vested.