YoungUpstarts

OCTOBER 28, 2015

They also need to decide whether to structure terms as an equity deal or a convertible security deal. “If you’re going to raise $1 million, my advice is to propose a convertible security, because you can get it done quickly and less expensively,” said Schmitz. ” The Cost of Financing. If high U.S.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Austin Startup

NOVEMBER 6, 2017

Background Reading: When LLCs Make Sense for Startups Not Building a Unicorn If you have spent almost any time reading about the basics of startup legal issues, you know that Delaware C-corps are the default organizational structure for a “classic” tech startup (software, hardware) planning to raise angel/VC money and scale.

Delaware 48

Delaware LLC Startup Silicon Valley 48

Austin Startup

JANUARY 25, 2020

A keen researcher, I looked up the best states to incorporate a company for startups— Nevada and Delaware were tops. I chose Delaware, signed up with Clerky and paid for my incorporation. In 3 days, my articles of incorporation as a Delaware C-Corp came by email. I looked at it, and felt a little different. We just have to.

Delaware 62

Delaware SEC New York City New York 62

Up and Running

MAY 23, 2016

The software was sold based on installation cost running on local servers for enterprises—which was very, very expensive. For GreenPal, Gene Caballero says, “We knew that if we ever wanted to be looked at seriously by venture capitalists, we would need to be a C-Corp in Delaware.”. Delaware permits a single-member board of directors.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

JULY 5, 2017

It can be helpful to have a conversation with a tax or accounting professional to help you make sure that you understand your full tax obligations, but here are the different business taxes you might need to know about: Estimated taxes. There are five states that do not charge sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon.

eCommerce 82

eCommerce Sales Ohio Tucson 82

Up and Running

JULY 29, 2015

To help you secure the capital you need for your business, we’ve compiled a list of the funding resources that every entrepreneur should look into. For instance, the Delaware Brownfield Assistance Program offers funding for a small business that plans to develop environmentally distressed areas in the state. Crowdfunding Sites.

Angel Investor 60

Angel Investor Equity Small Business Delaware 60

Scott Edward Walker

APRIL 9, 2012

Part 3 will cover certain special issues, such as (i) what happens if the startup is acquired prior to the note’s conversion to equity? (ii) ii) what happens if the maturity date is reached prior to the note’s conversion to equity? Speed, simplicity and cost. This post was originally published on TechCrunch.]

Preferred Stock 87

Preferred Stock Finance Common Stock Liquidation Preference 87