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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Stocks are issued at the time the company is formed, and more can be issued over time. You can control the power of your company’s stock by issuing different classes. For more, please visit www.mrllp.com.

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How to Form a Corporation

Up and Running

We’ll review some new language and concepts in this process, but once you’re done, you may never need to think about this stuff again. . Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea.

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What is convertible equity (or a convertible security)?

Startup Company Lawyer

” As a result, Ted introduced the Series Seed preferred stock documents as an alternative to convertible debt for early stage investments. Convertible debt with a maturity date longer than one year creates problems for California-based investors due to licensing requirements under the California Finance Lenders Law.

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Equity for Consultants – Keep it Simple!

www.mattbartus.com

First, you’d probably want them to receive common stock, not preferred stock (which is the likely next round). Common-yet-sticky situations are everywhere, and no VC and few attorney bloggers (but you, apparently) gives them the due attention they deserve. Keep on rocking! link] Matt Bartus. Thanks Casey!

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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

Second, the debt note requires a fixed due date (or “maturity date”) for repayment of the total amount borrowed, plus interest. Ressi, Wilson Sonsini and a top-tier accounting firm (which preferred not to be named) have been working on developing this set of documents for some time now, says Ressi. San Francisco, California.

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Startup Resources

www.vccafe.com

VC Cafe covers early stage Israeli and European tech & mobile startups. Every startup faces multiple choices and decisions when it comes to technology. Girls in Tech. Ad Serving Technology. Analytics review â?? mixpanel vs kissmetric vs google analytics review. Tech*if*er0*urs â?? Seed Startups.