Remove Employee Remove IP Remove LLC Remove Stock Options
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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? 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?

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Legal Checklist for Startups

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Button-down IP ownership and assignment issues (see post here ). Put proper privacy policies in place and make sure you adhere to them (see post here ).

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What Is the “Walker Startup Package”?

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Button-down IP ownership and assignment issues (see post here ). Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ).

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Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

By Tim Keane, Angel Investor, Golden Angels Investors, LLC. These include: ·       Vesting of Founder Stock.   However, I assume that the proposed business solves a real problem that people are willing to pay for and that it may be lest costly, more efficient, and IP-protected. [5]