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What Is a Founders' Agreement? Describe the Purpose of a Buyback

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What is a founders' agreement? Describe the purpose of a buyback clause and why it's important?


Definitions:

Grandfather's Age

A term typically referring to the age of one's paternal or maternal grandfather, often used in contexts relating to genealogy or family history.

Information Overload

A state in which the amount of information available exceeds one's ability to process it effectively, often leading to stress or decision-making paralysis.

One-Shot Illusory Correlation

The cognitive bias to form a strong association between two unconnected events based on a single occurrence.

Hispanic Student

A student of Hispanic or Latino origin, which implies a background or heritage associated with Spanish-speaking countries, especially within Latin America.

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