Both Sides of the Table

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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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Most Common Early Start-up Mistakes

Both Sides of the Table

To the best of my knowledge US law allows you to work on your own resources and in your own hours and let you personally own your IP. I don’t know 100% that this is true in all 50 states (if any lawyers read this please put notes in comments section) but I’m pretty darn sure that this is statuary law in California.

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Get Inside the Mind of an Angel Investor

Both Sides of the Table

TCP/IP (Transmission Control Protocol/Internet Protocol) : network transfer protocol, basically it defines requirements for network communications. And companies that have a beautiful product or idea, somewhere between a prototype (only it it’s really cool) and a MVP. Thomas says the maximum size of an angel round he’ll invest in is $2.5M.