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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Question My co-founders and I are working on a cool new site, and we’ll be ready to launch in a few weeks. Otherwise, if one of the founders quits after a few months, he would take all of his shares with him. In short, this is a nightmare scenario – particularly if there is bad blood with the other co-founders.

Vesting 89
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Lessons Learned: The lean startup

Startup Lessons Learned

So if entrepreneurs want to pioneer new ideas with a lean model, my advice is to use low cost alternatives to build differentiality that can be protected from institutions with far more money than ethics, creativity, or innovation-- other than skirting the loopholes in our justice system regarding protection of IP, and honing predatory tactics.

Lean 168
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Congratulations to Upwork

A Crowded Space

I remember when I made that first flight out to San Francisco from Boston to meet the team in 2004, the company was down to its last $20K in the bank. We lived together in a crappy apartment in San Francisco and commuted together from SF down to the peninsula every day. We were effectively together 24/7.

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How Universities Can Help Students and Alumni Work in the Tech Industry

David Teten

It would be ideal if Yale built a similar tool which allowed students to filter for companies with a) quality teams, b) >10 employees, c) backed by a credible VC, and d) (optional) a Yale cofounder. Founder community. I wrote a blog post on this. None of these focus on high-quality research from university students.

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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Likewise, founders can benefit from understanding basic characteristics of the overall legal structure, formation and governance documents, rights and responsibilities of team members, etc. Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Newco, Inc.”)

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. There’s you and your killer CTO co-founder. It’s a very cool vibe at Founder’s Coop. Seattle has its patrons.

Seattle 317
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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

My law firm recently entered into a new partnership with This Week in Startups and sponsored their live fireside chat last month in San Francisco with authors Nick Bilton and Brad Stone. Mistake #2 : not buttoning-down IP ownership issues (at 10:20). Mistake #2: Not Buttoning-Down IP Ownership Issues.