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Hello. I am soon to sign a business contract between me and 3

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Hello. I am soon to sign a business contract between me and 3 other people. We are 4 people in together working towards a goal, develop a mob app. 2 guys take 20% each, and 2 other take 40% each. I am in the 40%. What are some points to consider when signing the contract between all? Like, voting democracy , 1 person 2 votes, 1 person 2 votes, one person 4 votes, one person 4 votes, and the decision with majority votes gets compelted? What about in terms of an outside funding scenario, when there is an investor approaching, what to consider here, between all 4 partners? What other important to consider and discuss when signing a document about creating a digital product, each getting certain of share, majority of votes with, who meets the investor.

I am mainly concerned when meeting an investor, before signing the contract, I want to make sure I must always be present with every outside source of interest, fx (investor).
>>
your math looks funny, you will fail tremendously
>>
>inb4 not sure what real democracy means
>inb4 by always be present I mean - always be present when others discuss the matter of the enterprise I am having shares at.
>>
>inb4 1 person 1 vote, 1 person 1 vote, 2 person 4 votes, 1 person 2 votes.
>>
I can practically smell the curry in this post

DESIGNATED
>>
Lol OP what the fuck are you doing
>>
Get married to your friend for tax breaks and then take half of his shit in court after the divorce.
>>
>>1136182
40% + 40% + 20% + 20% = GET AN ACCOUNTANT NOW OR A LAWYER LATER
>>
Ou, and by the way, I am not an Indian, I am neighbouring mother russia.

One thing that particularly stroke my head was the fact that we are going to acquire e-mail addresses and, probably, phone numbers. It is going to be stored on a database. Can anyone have access to it? Can anyone use it for marketing purposes? Who owns them? How to be save nobody uses them for their own good?

>regarding the contract signing deal for the initial agreements when developing our product.
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I hope you guys give the full 120%
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>inb4 120% meme
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>>1136214
>>1136182
Contact a lawyer, or some sort of financial legal adviser and ask them to look at the contract. Which is presume is on paper?

40% of what? Shares? revenue? Is the business a partnership or
cooperation?

Hire a fucking accountant.

Voting? what the fuck. Are you smoking crack?

One person is in charge, the other 3 are board members or directors. End of
>>
>Hello, Pajeet Burinder. How would you like to divide your company?
>GIB ME THE FORTY FORTY TWENTY TWENTY
>>
>>1136242

xaxaxa
Thread posts: 14
Thread images: 1


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