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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

Mistake #2 : not buttoning-down IP ownership issues (at 10:20). not an LLC or a partnership; the world of startups is the world of corporations. S corp vs. C corp – “qualified small business stock” . Mistake #2: Not Buttoning-Down IP Ownership Issues. Mistake #3 : not setting-up vesting schedules (at 17:19).

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below. i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g.,