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How To Launch a Startup and Avoid Ending-up in Jail

Scott Edward Walker

Not only are there key contractual issues that must be buttoned-down (like vesting and IP assignment ), but also there is a minefield of laws and regulations that must be complied with. Securities Laws. Finally, a violation of applicable securities laws could result in criminal liability.

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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. founders’ shares subject to vesting) and IRS filings for most favorable tax treatment of those shares. Newco, Inc.”) Caveat entrepreneur !

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What Is the “Walker Startup Package”?

Scott Edward Walker

Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ). Button-down IP ownership and assignment issues (see post here ). We charge a flat fee of $2,000, plus filing fees, for up to three co-founders and it includes unlimited phone calls and emails.

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Making Decisions in Context

Austin Startup

Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. If you’ve got patent or other IP needs, you may want to engage specialists in those areas. You can print shares all day long even if you have no cash, so I get the need for that from time to time.

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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). Mistake #3 : not setting-up vesting schedules (at 17:19). Mistake #4 : not complying with applicable securities laws (at 29:21). Mistake #2: Not Buttoning-Down IP Ownership Issues. Mistake #3: Not Setting-Up Vesting Schedules.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

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

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

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. the overseas business is a $billion security market. All that being said, all equity allocation (giving) should be done with a 4 year vesting, 1 year cliff.