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The Legal Side of Entrepreneurship

YoungUpstarts

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. Convertible Securities. Incorporation.

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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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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

pre-launch, BIG equity, big peeps involved–ANY TIPS?? These might include, e.g., mitigating climate change, strengthening democracy, enforcing ethics in government, promoting national security, and protecting against information warfare. . We assume we’ll be structured as a traditional Delaware C corporation.

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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

Our initial test market: We want to make America functional again by helping our users, such as major advocacy organizations and corporations, promote majoritarian-supported policies, e.g., mitigating climate change, strengthening democracy, enforcing ethics in government, promoting national security, and protecting against information warfare. .

America 60
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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Readers can anticipate my next point in continuing the analogy: It makes no more sense for a non-lawyer to prepare fundamental legal, governance, equity and intellectual property documents than it would for a patient to self-diagnose and begin taking prescription-strength antibiotics or other medications. Newco, Inc.”)

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What Is the “Walker Startup Package”?

Scott Edward Walker

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 ). Button-down IP ownership and assignment issues (see post here ).

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19 Funding Resources for New and Existing Businesses

Up and Running

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.