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auto_awesomeActioninventory_2Consultant review
Action 2 · Task 52 · Group 3

Analyse Ownership Equity IP and Governance Terms

Examine the specific mechanics of institutional equity splits, IP assignment or licensing structures, founder vesting schedules, and governance provisions. The founder evaluates studio standard term sheets against UK venture capital benchmarks to identify legal friction points and misaligned incentives.

Objective

Completing this analysis isolates potential cap table deadweight and structural flaws before they are legally formalised. It prevents future investor rejection by ensuring terms conform to standard institutional venture expectations.

What's expected from the founder

Deliver a detailed term negotiation matrix mapping equity splits, IP transfer mechanisms, board composition, and veto rights. The matrix must highlight deviations from standard UK VC terms and provide clear mitigation strategies for flagged risks.

psychologyBertie consultant stress-test

Five questions an expert would ask when reviewing your output

Use these to challenge assumptions, pressure-test your logic, and check the quality of this action's output in the context of the parent task and wider venture development.

  1. 1

    Is the proposed equity split between studio, founders, and option pool defensible against typical institutional UK VC expectations for a Seed round?

  2. 2

    Does the IP arrangement represent an absolute assignment or an exclusive licence, and are there any restrictive reversion or buy-back clauses?

  3. 3

    What anti-dilution, pre-emption, or drag-along rights is the studio requesting, and how will these impact future investor syndication?

  4. 4

    Are founder vesting terms aligned with standard four-year schedules, and what precisely constitutes a good-leaver versus bad-leaver event?

  5. 5

    How does the proposed board structure prevent operational deadlocks while ensuring appropriate studio oversight during early growth?