Both Sides of the Table

JANUARY 21, 2010

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? Consider it a sales & marketing expense for them.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Startup Professionals Musings

JANUARY 13, 2018

The cost of the shell, plus the cost of navigating the process, can now easily exceed a half-million dollars, depending on the shell company, according to The Labrecht Group , a law firm based in Irvine, California and Salt Lake City. This approach is not for entrepreneurs already out of money. Being a public company isn’t cheap or easy.

Merger 198

Merger OTC IPO Due Diligence 198

Startup Professionals Musings

MAY 3, 2014

The cost of the shell, plus the cost of navigating the process, can now easily exceed a half-million dollars, depending on the shell company, according to The Labrecht Group , a law firm based in Irvine, California and Salt Lake City. This approach is not for entrepreneurs already out of money. Being a public company isn’t cheap or easy.

Merger 246

Merger OTC IPO Stock 246

Startup Professionals Musings

JUNE 15, 2015

The cost of the shell, plus the cost of navigating the process, can now easily exceed a half-million dollars, depending on the shell company, according to The Labrecht Group , a law firm based in Irvine, California and Salt Lake City. This approach is not for entrepreneurs already out of money. Being a public company isn’t cheap or easy.

Merger 120

Merger OTC IPO Due Diligence 120

Gust

DECEMBER 8, 2011

Take any steps needed to qualify Newco to conduct the business it plans to conduct wherever it’s located (for example, a filing made in California qualifying a Delaware corporation to do business there if the management team is located in San Francisco). Sales contracts accounting for significant revenue. Office and equipment leases.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

infochachkie.com

SEPTEMBER 24, 2011

If a consultant claims they can enhance your marketing efforts, pay them based on their direct impact on your incremental sales. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. Passion Cannot be Outsourced. Pyramid Power. The larger the firm, the larger the pyramid.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

www.copelandfirm.com

OCTOBER 21, 2010

If later on the founders all agree that things should have been distributed differently because their initial estimates were off, the situation can be remedied through the issuance of additional stock options to the deserving parties. « High Tech Startup Packages Where Should I Incorporate: Delaware, Texas, California, Nevada?

Intellectual Property 40

Intellectual Property Founder Vesting Bridge Financing 40