
Unquantified Relational Debt inside Early Stage Founding Teams
Relational debt forms when unprompted founder giving creates unspoken commercial expectations that cannot be settled on formal cap tables.

Relational debt forms when unprompted founder giving creates unspoken commercial expectations that cannot be settled on formal cap tables.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.