The Startup Lawyer

MARCH 17, 2010

4) Type of Shares: Common Stock. (5) 10) Consideration for Founders Shares: Cash & IP. (11) 11) Handling of “Lost Founders&# : Lock Down the IP. 1) Length of NDA: 0 pages. (2) Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) Hell Yes. (9)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

The Startup Lawyer

MARCH 17, 2010

4) Type of Shares: Common Stock. (5) 10) Consideration for Founders Shares: Cash & IP. (11) 11) Handling of “Lost Founders&# : Lock Down the IP (then Wish Them Well). 1) Length of NDA: 0 pages. (2) Here’s what I’d do in the beginning: Incorporation. (1) 2) State of Incorporation: Delaware. (3)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

www.seriesseed.com

DECEMBER 9, 2012

Locks in rights, preferences and priviledges of the stock. It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. This is all built into a typical founder stock purchase agreement. Sets the valuation at the time of the investment.

Finance 40

Finance Term Sheet Vesting LLC 40

www.paulgraham.com

OCTOBER 23, 2010

The market price is less than the inconvenience of signing an NDA. The way to getrich from a startup is to maximize the companys chances of succeeding,not to maximize the amount of stock you retain. The problem is, for the company to exist, you have todecide who the founders are, and how much stock they each have.

Startup 105

Startup Cofounder Software Stock 105

www.metamorphblog.com

OCTOBER 23, 2010

Make sure you own all the IP created during this trial period, and make no promises for later. Starting a company without vesting your stock is like getting your girlfriend pregnant on the first date. Need to learn about IP, patents, etc.? Asking an IP lawyer, “Is my invention patentable?&# Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

maplebutter.com

JANUARY 8, 2013

Should I require and NDA? I can’t offer any amazing technology or IP, but I can solve a few problems by just doing it “right”, and not the way it’s being forced on people right now. for most seed investments, investors will put more stock in the person and the traction they get with the resources at hand.

Technical Review 44

Technical Review Startup Cofounder Software Review 44