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The Legal Side of Entrepreneurship

YoungUpstarts

OCTOBER 28, 2015

by John Vrionis, partner at Lightspeed Venture Partners. Startups also must pay an inexpensive service fee for incorporating in Delaware. A major reason for incorporating is to have the founders assign their IP to the company; it is far easier for a business to contract with a startup when the IP is owned by one entity.

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How to Work with Lawyers at a Startup

Both Sides of the Table

JANUARY 21, 2010

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? Focus on the partner you would be working with. One issue he talked about was working with partners. I also like to work with partners. Get to know them.

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