Paying and firing founders – mistakes to avoid

Carolynn Levy, General Counsel at Y Combinator, the World's most successful startup accelerator, covers the legal steps to take with all founders of your startup to avoid issues down the line should one quit or be fired down the line.

Recommended For You


A simple, intuitive and modern payroll service.


1. Make sure your founding team is all paid at least minimum wage.

2. Make sure you pay your payroll taxes.

3. Consider a service like for your payroll management.


Discuss the lesson content, ask the community questions about how to apply it to your startup and give advice to others.

Submit a Comment

Next Up

What counts as a business expense?

Presented by Carolynn Levy: General Counsel at Y Combinator Presented by Kirsty Nathoo: CFO at Y Combinator

When fundraising should you fix your valuation or not?

Presented by Kirsty Nathoo: CFO at Y Combinator

Share This