No kidding. I was interested in band management awhile back and looked for some information. I was struck when I saw that it was common practice to operate without a contract or even a formal agreement. The gist was that nothing about that endeavor could possibly work outside of an environment of mutual and complete trust. If you even have to ask for one, it means your head isn&#x27;t in the right place or that isn&#x27;t the right band for you.<p>The thing about a startup is that only the investors are really in a position to negotiate cleanly and with a clear head. If you&#x27;re betting your time and effort, then by definition you&#x27;re coming to the table with assets that are far more important to you than they will be to anyone else.