Remove California Remove Delaware Remove IP Remove Operations
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How to Work with Lawyers at a Startup

Both Sides of the Table

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.

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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). The next category is more promising for those who aspire to the corporate legal equivalent of the Homebrew Computer Club : Common Operating Documents. Appoint Newco’s initial Board of Directors. Offer letters for employees.