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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

different perspective as a lawyer (lots of phone calls from founders with problems). not an LLC or a partnership; the world of startups is the world of corporations. Zuckerberg” problem – IP is not assigned to the company by the founders and/or third-party developers (including in foreign countries). doing this for 18+ years.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies? (i) Are they good guys or jerks? Can they be counted-on and trusted?