The Startup Lawyer

MARCH 17, 2010

2) State of Incorporation: Delaware. (3) 4) Type of Shares: Common Stock. (5) 2) Fees Paid to Pitch my Startup: $0. (3) Tags: Startup Issues Incorporation raising capital startup. Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) Hell Yes. (9)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

The Startup Lawyer

MARCH 17, 2010

2) State of Incorporation: Delaware. (3) 4) Type of Shares: Common Stock. (5) 2) Fees Paid to Pitch my Startup: $0. (3) Tags: Startup Issues Incorporation raising capital startup. Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) Hell Yes. (9)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

Gust

DECEMBER 8, 2011

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. Make escrow arrangements for restricted stock (i.e., Newco, Inc.”)

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Scott Edward Walker

MAY 30, 2013

The extent of these obligations varies from state to state; however, since most companies are incorporated in Delaware, we will focus on Delaware law. Under Delaware law, the duty of care requires a director to exercise the care that a reasonably prudent person in a like position would exercise under similar circumstances.

Delaware 68

Delaware Founder Cofounder Due Diligence 68

Scott Edward Walker

OCTOBER 27, 2015

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. Indeed, we have done more than 300 Startup Packages and the appeal is obvious: no billable hours. Legal Checklist for Startups. v=N1A44ShZfWo.

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Scott Edward Walker

FEBRUARY 1, 2014

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.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

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.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Startup Company Lawyer

APRIL 23, 2009

The driving beliefs behind the Institute are that (1) great founders are often overlooked by the current entrepreneurial ecosystem, and that (2) innovative startups have a dramatic positive effect on the global economy. The COI includes Class A common stock, which has one vote per share, and Class F common stock, which has 10 votes per share.

Common Stock 33

Common Stock Stock Dividend Delaware 33

Scott Edward Walker

JULY 27, 2011

Because these rights are governed by State law, I will focus on the State of Delaware — where most companies are incorporated. A minority stockholder has the right to inspect the corporation’s stock ledger, a list of its stockholders and its other books and records (and to make copies of such items). 1) Inspection Right.

Delaware 49

Delaware Liquidation Preference Redemption Los Angeles 49

Scott Edward Walker

APRIL 9, 2012

Venture capital funds, seed funds, super angels, angel groups, incubators, and “friends and family” are all playing the seed financing game and investing early in startups in an attempt to land the next Facebook. Why Can’t a Startup Issue Shares of Common Stock to Investors?

Preferred Stock 87

Preferred Stock Finance Common Stock Liquidation Preference 87

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Eric Ries, a Silicon Valley entrepreneur and author of The Lean Startup, popularized this strategy for web applications.

Software Review 74

Software Review Software Delaware Forecast 74

The Startup Lawyer

MARCH 11, 2010

A variety of model startup seed funding docs have been released in the past year or so: TechStars Series AA Preferred , YCombinator Series AA Preferred , and TheFunded Founder Institute’s Plain Preferred. When an issue like this occurs at your startup, you’ll be glad your documents are “complicated.&#.

Delaware 49

Delaware Hockey Stick Preferred Stock Open Source 49

The Startup Lawyer

MARCH 11, 2010

A variety of model startup seed funding docs have been released in the past year or so: TechStars Series AA Preferred , YCombinator Series AA Preferred , and TheFunded Founder Institute’s Plain Preferred. When an issue like this occurs at your startup, you’ll be glad your documents are “complicated.&#.

Delaware 45

Delaware Hockey Stick Preferred Stock Open Source 45

www.copelandfirm.com

OCTOBER 21, 2010

Home About Fee Arrangements Location Referrals Testimonials Business Law HUB Certification Mergers & Acquisitions Startup Advice Intellectual Property Copyrights Trademarks Securities Law Debt and Bridge Financing Series A Startup Law Entity Formation Corporation LLC Series LLC RSS Founders Shares: How do you split them up?

Intellectual Property 40

Intellectual Property Founder Vesting Bridge Financing 40

Pascal's View

NOVEMBER 14, 2009

Because reports like this stand in the way of financial market manipulation and drive home the point that not all financial innovation is good and that stocks are not fungible commodities. don’t like this report. And then there are those who look at the broken U.S. I strongly disagree with this point of view.

Delaware 37

Delaware IPO Venture Capital Private Equity 37

abovethecrowd.com

NOVEMBER 28, 2022

Delaware law requires a board of directors, and these directors are tasked with a “fiduciary duty” to look after the best interest of the corporation. Super-voting (Dual-class) Stock. These days, many technology companies have deployed a dual class stock structure as part of going public. The Lack of a Legitimate Board.

Venture Capital 113

Venture Capital Non-Compete Government Delaware 113