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How to Work with Lawyers at a Startup

Both Sides of the Table

Founded it as a California LLC but your potential VC wants a Delaware C-Corp? Focus on the partner you would be working with. One issue he talked about was working with partners. I also like to work with partners. But I also know it’s not realistic for the partners to do all of the work. Get to know them.

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Is it Time for You to Earn or to Learn?

Both Sides of the Table

In California that averages around 42.5% BTW, this ignores liquidation preferences which actually mean you’ll earn less. Now … these are stock options and not restricted stock so you’ll likely be taxed at a long-term capital gains rate. So let’s go CRAZY! you won the lottery).