Seeing Both Sides

AUGUST 28, 2017

Early stage entrepreneurs will also still likely value experienced advice on company-building from seasoned venture capitalists. Shift of value from equity holders to token holders. Entrepreneurs who embark on ICOs may similarly want to be careful before empowering their community of supporters too early. Fuzzy Governance.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Startup Professionals Musings

FEBRUARY 1, 2016

Many entrepreneurs are so focused on finalizing their innovative product or service that they procrastinate on the formalities of forming the requisite new company until later. Building a business plan is a discipline every entrepreneur needs to learn early, required or not. Founder’s stock may be taxed at time of incorporation.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120

Gust

DECEMBER 8, 2011

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Stepping off the soapbox, let’s examine the highest level “To Do” list for a new startup: Formation, Governance and Equity. Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco).

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Scott Edward Walker

OCTOBER 27, 2015

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). Split the equity based on prior contributions and expectations going forward, not necessarily equally (see post here ). v=N1A44ShZfWo. Button-down IP ownership and assignment issues (see post here ).

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Feld Thoughts

AUGUST 12, 2011

When we were last with Dick and Jane on Finance Fridays, our fearless entrepreneurs were figuring out how to split up their founders equity and account for an investment from Jane. as a C-Corp in Delaware. Dick and Jane had limited formal business accounting experience, but they both knew how to balance a checkbook.

Balance Sheet 136

Balance Sheet Forecast Cap Table Early Stage 136

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Practical Market Research Resources for Entrepreneurs. Delaware permits a single-member board of directors.

Software Review 74

Software Review Software Delaware Forecast 74

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. Equity Crowdfunding. Equity crowdfunding takes the crowdfunding process to the next level. See Also Are You Ready for Equity Based Crowdfunding? Crowdfunding Sites.

Angel Investor 60

Angel Investor Equity Small Business Delaware 60

The Startup Lawyer

MARCH 11, 2010

I welcome these and future standardized seed funding docs because they provide entrepreneurs with the chance to take a look at financing terms. And since the model seed funding documents aren’t as cumbersome as those used in a typical Series A Round, I find that entrepreneurs tend to actually review them. Conclusion.

Delaware 49

Delaware Hockey Stick Preferred Stock Open Source 49

Scott Edward Walker

FEBRUARY 1, 2014

By the way, my favorite part of the video is when an entrepreneur (and former lawyer) walks in late to the workshop and acknowledges that she made the first three mistakes (at 33:14). you want to form a Delaware corporation. Mistake #4 : not complying with applicable securities laws (at 29:21). I hope you enjoy it. Cheers, Scott.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

I hope you enjoy it. Cheers, Scott [link] Below is my personal outline for the workshop. issues to address include: How have they treated their other portfolio companies?

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

The Startup Lawyer

MARCH 11, 2010

I welcome these and future standardized seed funding docs because they provide entrepreneurs with the chance to take a look financing terms. And since the model seed funding documents aren’t as cumbersome as those used in a typical Series A Round, I find that entrepreneurs tend to actually review them. Conclusion.

Delaware 45

Delaware Hockey Stick Preferred Stock Open Source 45

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? A convertible note is short-term debt that converts into equity. What is a Convertible Note?

Preferred Stock 87

Preferred Stock Finance Common Stock Liquidation Preference 87

www.copelandfirm.com

OCTOBER 21, 2010

Startup Law 24 February 2010 There are a few common ways that founders split up equity and ownership of the company: 1.) Equally: each founder get the same amount of equity. This method is most often used by first-time entrepreneurs because it seems more “fair&# and is easy to get everyone to agree on it at the outset.

Intellectual Property 40

Intellectual Property Founder Vesting Bridge Financing 40

Pascal's View

NOVEMBER 14, 2009

Fortunately, responsible legislators who do show leadership, such as Senator Ted Kaufman (D) Delaware , are willing to call out the systemic risks of high frequency trading in publications ranging from the Financial Times to the Delaware News Journal. capital markets for listed equities have been in systemic decline since 1997.

Delaware 37

Delaware IPO Venture Capital Private Equity 37

Startup Professionals Musings

FEBRUARY 8, 2017

It seems like every day I hear from an aspiring entrepreneur who doesn’t know where to start, or doesn’t have the time or expertise for all the mechanics of starting a business based on their great idea. For the entrepreneur who wants to found a high-growth venture, it makes the startup process a single click. Really, really tough.

New York City 120

New York City New York Delaware Silicon Valley 120

Small Business Force

MARCH 4, 2014

Technology enables entrepreneurs to begin on a literal shoestring, what with cloud-based systems, tablets and smartphones. You don't need a Delaware corporation if you're a solopreneur and you don't need three or four different kinds of stock if you never expect to have more than a couple of shareholders.

Delaware 37

Delaware Early Stage Partner Revenue 37