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Reincorporating Your Non-US Startup in the U.S. through the “Delaware Flip”

Gust

While your conversations with U.S. investors request that your company re-incorporate in the State of Delaware. through the “Delaware Flip” appeared first on Gust. through the “Delaware Flip” appeared first on Gust. The post Reincorporating Your Non-US Startup in the U.S.

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More Tech Startups are LLCs

Austin Startup

Background Reading: When LLCs Make Sense for Startups Not Building a Unicorn If you have spent almost any time reading about the basics of startup legal issues, you know that Delaware C-corps are the default organizational structure for a “classic” tech startup (software, hardware) planning to raise angel/VC money and scale.

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The Ultimate Guide to Starting a Software Company

Up and Running

For GreenPal, Gene Caballero says, “We knew that if we ever wanted to be looked at seriously by venture capitalists, we would need to be a C-Corp in Delaware.”. In fact, GreenPal wasn’t the only one that figured it was best to go for a Delaware-based C-Corp. presence via a Delaware-based C-Corp also gives non-U.S.

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Why I left Wall Street to figure it out.

Austin Startup

A keen researcher, I looked up the best states to incorporate a company for startups— Nevada and Delaware were tops. I chose Delaware, signed up with Clerky and paid for my incorporation. In 3 days, my articles of incorporation as a Delaware C-Corp came by email. I looked at it, and felt a little different. We just have to.

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Two Major Supreme Court Decisions on Patents

Feld Thoughts

The first was a conversation Jason and I had with senior staffers of a non-Colorado senator. ” I expect in the near term Delaware courts will be clogged with patent troll cases since so many tech companies and startups are incorporated in Delaware. This was reinforced by two things this week.

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How to Work with Lawyers at a Startup

Both Sides of the Table

You never got around to agreeing exact equity splits but you had many conversations about it. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? So eventually you have your company funded but only 2 of the 5 people who started the company are still around. Shame about that pesky FAS 157 ruling.

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The Legal Side of Entrepreneurship

YoungUpstarts

The primary terms for these types of transactions are the valuation cap and the conversion discount. Startups also must pay an inexpensive service fee for incorporating in Delaware. Debt or convertible securities (e.g., a SAFE or KISS) provide a much simpler transaction with less terms to negotiate. If high U.S. However, the U.S.