Remove Delaware Remove Founder Remove Startup Remove Vesting
article thumbnail

If I Launched a Startup

The Startup Lawyer

2) State of Incorporation: Delaware. (3) 6) Initial Founders Issuance: 8,000,000 Shares. (7) 7) Founders Equity Split: Depends on the Team, But Quickly and After the Awkward & Difficult Conversations. (8) 8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10)

article thumbnail

If I Launched a Startup

The Startup Lawyer

2) State of Incorporation: Delaware. (3) 6) Initial Founders Issuance: 8,000,000 Shares. (7) 7) Founders Equity Split: Depends on the Team, But Quickly and After the Awkward & Difficult Conversations. (8) 8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Legal Checklist for Startups

Scott Edward Walker

I’ve been a corporate lawyer for 17+ years, and there are certain fundamental legal mistakes that I’ve seen startups repeatedly make. Accordingly, I thought it would be helpful to provide a simple checklist for startups , which includes links to prior posts for a more detailed discussion.

article thumbnail

What Is the “Walker Startup Package”?

Scott Edward Walker

I get calls and questions all the time about our Startup Package and, accordingly, I put together a brief clip from the podcast “ This Week in Startups ” which should be helpful. We charge a flat fee of $2,000, plus filing fees, for up to three co-founders and it includes unlimited phone calls and emails. www.youtube.com/watch?v=N1A44ShZfWo.

article thumbnail

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

Gust

In Part I , I gave a quick summary of the who, when and why of forming and documenting a new startup company. This week we’ll delve into what , exactly, is necessary or desirable to lay a solid legal foundation for a startup to build upon. Pick a name for the new legal entity (e.g., Newco, Inc.”)

article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

My law firm recently entered into a new partnership with This Week in Startups and sponsored their live fireside chat last month in San Francisco with authors Nick Bilton and Brad Stone. Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below.

article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

My law firm recently entered into a new partnership with This Week in Startups and sponsored their live fireside chat last month in San Francisco with authors Nick Bilton and Brad Stone. Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below.