Remove Finder Remove LLC Remove SEC Remove Stock Options
article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

not an LLC or a partnership; the world of startups is the world of corporations. Crowdfunding exception to “accredited investor” – SEC rules not promulgated yet. Rule #2 : do not pay “finder’s fees”/commissions unless the finder is a registered “broker-dealer”. Mistake #1: Forming the Wrong Entity.

article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

issues to address include: How have they treated their other portfolio companies?