The Fort Worth Startup Blog provides the entrepreneurial community with access to a set of founder-friendly startup documents from theFunded.com. Please note that these documents are most useful as a starting point and will likely require modification and negotiation to fit particular circumstances.
"'Risk Management' is the art and science of thinking about what could go wrong, and what should be done to mitigate those risks in a cost-effective manner.
"In order to identify risks and figure out how best to mitigate them, we first need a framework for classifying risks.
"All risks have two dimensions to them: likelihood of occurrence, and severity of the potential consequences. These two dimensions form four quadrants, which in turn suggest how we might attempt to mitigate those risks:
Read more in this VC Experts article.
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