The departure of a founder is rarely about the founder. It is about the cap table they leave behind, the team that stayed, and the customers who do not yet know.<\/p>
We acted for the departing technical co-founder of a Series-B SaaS firm. The board had asked for a non-compete that, as drafted, would have prevented our client from working in software for three years across three jurisdictions. The IP language was looser still \u2014 broad enough to capture an evening side project. Our client, fairly, found this unworkable.<\/p>
The negotiation took two weeks. The board moved on the non-compete (twelve months, narrowed scope) and the IP carve-out (clearly bounded to product code authored at the firm). Our client signed; the firm announced; the customers stayed.<\/p>
The note we wrote afterward, internally, was that founder departures negotiated quickly are almost always negotiated more generously than founder departures negotiated slowly. The brief window before the board hardens its position is the entire negotiation.<\/p>","protected":false},"excerpt":{"rendered":"
Acted for the departing co-founder of a Series-B SaaS firm. Negotiated a clean exit with bounded non-compete and clear IP carve-out.<\/p>\n","protected":false},"author":0,"featured_media":34,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/posts\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":1,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/posts\/11\/revisions"}],"predecessor-version":[{"id":16,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/posts\/11\/revisions\/16"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/media\/34"}],"wp:attachment":[{"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/media?parent=11"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/categories?post=11"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.fasterthemes.com\/legal-wordpress-theme\/wp-json\/wp\/v2\/tags?post=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}