Remove Cost Remove Developer Remove IP Remove Stock Options
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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price? Founded it as a California LLC but your potential VC wants a Delaware C-Corp?

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. It’s such a tricky balance between being cost-focused & scrappy versus being impractical with how you spend your time. Legal threats from other IP holders?

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Most Common Early Start-up Mistakes

Both Sides of the Table

Would you want to run the risk that your former employer could have a claim against the intellectual property you’ve created because you broke company policies and developed your ideas on company resources? But these people seldom make retirement money from the stock options on these companies. Make sure you own your IP.

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

Gust

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Most startups will involve legal counsel whenever doing anything involving the company’s securities, such as adopting a stock option plan , making grants under the plan, issuing convertible notes in a financing round , and so forth.

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When do I need to incorporate a company?

Startup Company Lawyer

Please keep in mind that even if a company is incorporated, founder stock purchase agreements with repurchase rights over unvested stock if founders leave are not included with the documents from typical online incorporation services. Issuing stock options. Creating intellectual property.

IP 67
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The Long-Term Value of Loyalty

Both Sides of the Table

I learned how to integrate customers into our product development process. I learned how to retain employees when stock options were no longer a real currency. I learned how to get press coverage when we were no longer “hot.&# I learned how to manage costs effectively. It’s a subjective topic.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

Mistake #2 : not buttoning-down IP ownership issues (at 10:20). S corp vs. C corp – “qualified small business stock” . Mistake #2: Not Buttoning-Down IP Ownership Issues. Zuckerberg” problem – IP is not assigned to the company by the founders and/or third-party developers (including in foreign countries).