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What should I include in an investor provisions summary?

Gust

Here are some thoughts that immediately come to mind: 1) The only types of US companies that have “Operating Agreements” are Limited Liability Companies (LLCs), and this structure is very difficult to use for (a) raising money, (b) issuing options, and (c) governance once things begin to get complicated.

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Top Legal Concerns for Mobile Application Startups

Early Growth Financial Services

Typically the choice will be between a limited liability company or corporation, but in some cases a partnership may be appropriate. The determination should be based on consideration of tax issues, corporate governance, limitation of liability and other factors.

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