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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. If high U.S. However, the U.S.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? For company registration, angel deals, Series A & B funding, Employee Stock Option Plans (ESOP), IP filings and even litigation it doesn’t need to be that way.

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

Gust

Pick a name for the new legal entity (e.g., and search for its availability as a corporate name, domain name and trademark (all separate inquiries). Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Newco, Inc.”) Appoint Newco’s initial Board of Directors.