⚡ The Outlaw Chronicles #4 · May 2026
Your option plan is legal in Delaware. Nowhere else.
She promised her first engineer 2%. The grant was valid in Delaware. That had never been the question.
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Hey. I'm Pepe.
venture architect // misfit wrangler
I build structures for startups and write about what I learn. Venture architecture, governance, cap tables, the messy business of building things that last. Started in big law in Mexico City, went through Yale, walked the Camino, then built across Africa and Latin America. Now based in Barcelona.
$6B+ structured
25 countries
15 years
Writing
⚡ The Outlaw Chronicles #3 · May 2026
The clause everyone signs and nobody reads
Two founders. One template from the internet. 80,000 in legal fees later, they found the three clauses nobody put in.
Read it →Chaos starts companies. Structure builds them.
— the operating manual