Founders’ Agreement Simplifier
Description: An online platform that simplifies the understanding and creation of founders’ agreements for startups. The platform will use simple language, visual aids, and interactive elements to explain different parts of a founders’ agreement. It will also include a tool for creating a custom founders’ agreement based on the user’s needs.
Audience: Student entrepreneurs, startup founders
Why Now: With the rise of startups and entrepreneurship, the need for understanding and creating founders’ agreements is greater than ever. Moreover, the shift towards digital solutions due to the pandemic makes it the perfect time for an online platform like this.
Monetization: The platform will be free to use for basic understanding and creation of founders’ agreements. Premium features like advanced customization, legal consultation, and agreement review will be available for a subscription fee. We can also generate revenue from ads and partnerships with law firms.
MVP Sketch: The MVP will include a simple, user-friendly website with a step-by-step guide to understanding founders’ agreements. It will also include a basic tool for creating a founders’ agreement with options for customization. The MVP will focus on delivering the core value proposition of the startup, i.e., simplifying founders’ agreements.
Suggested Stack: React.js, Node.js, MongoDB, AWS