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The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.

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More Tech Startups are LLCs

Austin Startup

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.

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A primer on convertible notes, convertible securities, and equity

Hippoland

Here’s a quick primer on how investments tend to work in startup companies at the seed stage. Lawyers can charge as much as $10k-$30k (in the US) to draft and execute the legal docs for an equity round, and traditionally, founders are responsible for paying for this as well as investors’ legal costs!

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Pre-seed is the new seed

Hippoland

He has done incredibly well financially on his past two startups, and he’s now building his 3rd company. So, I thought it might make sense to take a step back and talk about all the stages of early stage fundraising here in the Silicon Valley. This was surprising to me. This really is what the series A used to be.

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Pre-seed is the new seed

Hippoland

He has done incredibly well financially on his past two startups, and he’s now building his 3rd company. So, I thought it might make sense to take a step back and talk about all the stages of early stage fundraising here in the Silicon Valley. This was surprising to me. This really is what the series A used to be.