About the Ask the Community category

Need help using or configuring Woodpecker? Ask your fellow users here!

If you are having an immediate, serious emergency related to Woodpecker, please contact help@woodpeckerweb.com ASAP rather than posting here.

Founder Friendly Standard is a checklist for helping entrepreneurs determine if a so-called “standard” term sheet or investment contract is founder-friendly. It can help founders and investors avoid disputes around voting rights, stock vesting, non-competes, and other issues that can be initially overlooked.

  • Click here to download the Founder Friendly Standard term sheet as a Woodpecker template.

  • Click here to read more about the Founder Friendly Standard.

  • Click here for a side-by-side comparison of Founder-Friendly Standard to 500 Startups KISS, Y Combinator Safes, NVCA Model Legal Docs, Gust Series seed term Sheet, Sam Altman “Founder-Friendly” Term Sheet, and Y Combinator Series A term sheet.

Special thanks to attorney Chris Harvey from the venture capital law firm, Harvey Esquire in Los Angeles, for converting our Founder Friendly Standard term sheet into a Woodpecker template. I appreciate your contributions of legal thought leadership to startups, venture capitalists, and solo capitalists on sites like Quora and across the web.

4 Likes

Welcome, Eisaiah! Thank you for the template share.

1 Like