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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Intellectual property (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people. If you’re unsure whether you should file for IP, consult with an IP attorney for professional guidance. Still, it makes it easier to pay salaries and file tax returns accurately.

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Can You Replace Lawyers With Software?

The Startup Magazine

You need lawyers to help you with incorporation and IP creation. Lawyers have existed for centuries, and they command high salaries due to the intricacy of their work — so is it really possible to replace them with a few lines of code? If IP isn’t terribly important to your startup, you can seek alternative legal solutions.

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

If this idea was so big then why would they risk not being first to market, not building defensible IP for the sake of a few hundred thousand dollars extra in lock-up money at a big company? It’s lost salary for a period of time. Pay me half salary until the fund is closed. On half salary and my own moving expenses.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

” It was meant both as a call to those writing angel checks into other people’s companies that they ought to think about putting that capital toward themselves either by becoming a startup founder or (and this was my real point) by taking an under-market salary in a company where they can learn the right skills to do it in the future.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Similarly, when Flexible VC structures are based off of the founder’s own compensation (often via salary or dividends), investors are specifically tying their returns to the financial success of the founder.

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How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweat” equity. Next, those that were forgoing some or all salary prior to Series A got an additional chunk for that. Ideation/IP. Both of these are typically reflected in the founder equity split.

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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweat” equity. Next, those that were forgoing some or all salary prior to Series A got an additional chunk for that. Both of these are typically reflected in the founder equity split.

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