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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. Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price? Founded it as a California LLC but your potential VC wants a Delaware C-Corp?

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. HR & Legal.

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The When to Incorporate Decision-Matrix

The Startup Lawyer

4) Is your startup hiring developers or designers? 5) Is your startup granting stock options or other equity compensation? 8) Is your startup signing contracts with third-party companies for business services (not for IP creation or development)? No –> 0 points. (3) Yes –> 5 points.

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The When to Incorporate Decision-Matrix

The Startup Lawyer

4) Is your startup hiring developers or designers? 5) Is your startup granting stock options or other equity compensation? 8) Is your startup signing contracts with third-party companies for business services (not for IP creation or development)? No –> 0 points. (3) Yes –> 5 points.

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When do I need to incorporate a company?

Startup Company Lawyer

Please keep in mind that even if a company is incorporated, founder stock purchase agreements with repurchase rights over unvested stock if founders leave are not included with the documents from typical online incorporation services. Hiring employees or third party contractors. Issuing stock options.

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The Long-Term Value of Loyalty

Both Sides of the Table

My original post was directed at hiring managers. It said that I didn’t believe it was a good idea to hire job hoppers. My view still stands – for many hiring managers a large factor in looking through resumes of somebody who is 30+ and has never worked somewhere for more than 18 months will be the job hopping element.

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Beware The Consultant

infochachkie.com

Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. At the early stages of your company’s life, you cannot rely on disinterested, hired guns to define your company’s key tasks. IP) is an ugly thing at a startup. Pyramid Power. We need to trade our money for results.

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