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Legal Checklist for Startups

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Don’t issue stock options unless a proper option plan is in place and a valuation has been done in compliance with Section 409A of the Internal Revenue Code (see post here ).

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What Is the “Walker Startup Package”?

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Only raise funds from “accredited investors” (see post here ) and don’t pay anyone a commission for raising funds for you unless they are a registered broker-dealer (see post here ).