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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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How to Form a Corporation

Up and Running

This option takes greatest advantage of your knowledge of your state and its laws, the helpful local people you know, and the ability to physically visit government offices if needed. Delaware is a very popular state to incorporate in, and boasts the highest number of incorporated entities in America. Give your business a name.

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The Summer of Initial Coin Offerings

Seeing Both Sides

Perhaps, when things settle down a bit more, those companies will even raise series A capital from traditional institutional sources to expand the product features, beef up the operations team more fully and make progress in finding initial product-market fit. Fuzzy Governance. Shift of value from equity holders to token holders.

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The Summer of Initial Coin Offerings

Seeing Both Sides

Perhaps, when things settle down a bit more, those companies will even raise series A capital from traditional institutional sources to expand the product features, beef up the operations team more fully and make progress in finding initial product-market fit. Fuzzy Governance. Shift of value from equity holders to token holders.

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

Gust

Likewise, founders can benefit from understanding basic characteristics of the overall legal structure, formation and governance documents, rights and responsibilities of team members, etc. Stepping off the soapbox, let’s examine the highest level “To Do” list for a new startup: Formation, Governance and Equity. Newco, Inc.”)

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What Are the Key Steps in Achieving Debt Relief for Your Business?

Women Entrepreneurs Can

If inadequate, explore lowering operating or owner costs to free up repayment capacity. Debt Consolidation The Delaware State Housing Authority offers a Small Business Loan Program that consolidates higher-interest short-term debts like credit cards or personal loans into more manageable, low-fixed, longer-term loans up to $100k.

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Venture Capital Red Flag Checklist 

abovethecrowd.com

Most importantly, there is a reasonable probability that the absence of standard governance guardrails and constraints actually enables reckless behavior. Lastly, in a heated market, investor competition increases which leads to more investors being willing to “take what they can get” when it comes to governance. Theranos) is another.