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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Cost 363
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Five Legal Traps Every Entrepreneur Should Avoid

Startup Professionals Musings

Here are five of the most common examples: Failure to document a founder agreement at the beginning. This oversight can lead to the so-called “forgotten founder” problem. Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made.

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10 Avoidable Mistakes Cause Entrepreneurs Much Pain

Startup Professionals Musings

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. Too many founders think it’s more important to work on products and customers.

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5 Startup Legal Shortcuts That Can Be Expensive

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

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Five Legal Pitfalls That Sink Many Good Startups

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten founder” problem. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

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Everything You Ever Wanted to Know About Convertible Note Seed Financings (But Were Afraid To Ask) – Part 1

Scott Edward Walker

Introduction We are in the golden age of seed financing. Venture capital funds, seed funds, super angels, angel groups, incubators, and “friends and family” are all playing the seed financing game and investing early in startups in an attempt to land the next Facebook. and (iii) what are the advantages of issuing convertible notes?

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10 Startup Shortcuts That Will Be Back To Haunt You

Startup Professionals Musings

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. Too many founders think it’s more important to work on products and customers.

Startup 265