Remove Delaware Remove Developer Remove IP Remove Operations
article thumbnail

The Legal Side of Entrepreneurship

YoungUpstarts

The program provides entrepreneurs the resources and mentoring they need to build their companies and develop their skills. Startups also must pay an inexpensive service fee for incorporating in Delaware. In semiconductors and other areas where hard IP really matters, investors highly value patents. If high U.S.

article thumbnail

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. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? Here’s a hack for you.

article thumbnail

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. Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Unless you’ve engaged my firm to represent you or your startup, we do not have an attorney-client relationship.