Both Sides of the Table

JANUARY 21, 2010

Shame about not getting it in legal writing that you owned the original IP. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? For company registration, angel deals, Series A & B funding, Employee Stock Option Plans (ESOP), IP filings and even litigation it doesn’t need to be that way.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Gust

DECEMBER 8, 2011

Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Appoint Newco’s initial Board of Directors.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Scott Edward Walker

FEBRUARY 1, 2014

Mistake #2 : not buttoning-down IP ownership issues (at 10:20). you want to form a Delaware corporation. Mistake #2: Not Buttoning-Down IP Ownership Issues. CA exception – CA Labor Code Section 2870: (i) different space, (ii) not using employer’s facilities and (iii) idea/IP is not based upon work done for employer.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below. i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g.,

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111