Do It Right The First Time, Part II: Visit the Doctor or House Call?
Gust
DECEMBER 8, 2011
Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Appoint Newco’s initial Board of Directors.
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