Remove California Remove IP Remove Operations Remove Stock Options
article thumbnail

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? Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price?

article thumbnail

What Can a Startup Lawyer Help With?

The Startup Magazine

If your startup business has more than one founder, a Partnership Agreement, which is an operating agreement, is essential. Startup lawyers specializing in intellectual property (IP) can help you file relevant patent applications. Partnership Agreements. to resolve future conflicts. amongst others.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Beware The Consultant

infochachkie.com

Thus, as your startup matures, many of your operational functions can be successfully outsourced. The final straw came when I asked the latest 25-year old a simple ‘yes / no’ question related to stock options. IP) is an ugly thing at a startup. This is why BDC’s can often successfully outsource a wide variety functions.

Equity 40