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Compensation & Expenses

Money issues cause more divorce than infidelity and incompatibility. It'd be naive to think cofounderships are immune. Don't wait until someone is frustrated over uneven pay or unclear expenses. Agree on how money flows now and keep communication transparent to avoid costly fallout.

Many early-stage cofounders defer salary until the company has funding. This is worth aligning on explicitly.

Are any cofounders currently taking compensation or salary from the company?

Yes No

Setting a clear spending threshold prevents financial decisions from being made unilaterally. $5,000 is a common default for early-stage companies.

What's the spending limit, in USD, before a cofounder needs to check with the others?

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