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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? Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price?

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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. legal fees in the early stages. in one undertaking!

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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. John Vrionis ( @jvrionis ) is a partner at Lightspeed Venture Partners who focuses primarily on early stage enterprise and consumer technology investments.

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The Ultimate Guide to Starting a Software Company

Up and Running

He says, “Spending a few thousand on a domain could make a big difference long term, and give you the credibility and advantage over the competition, especially in the very beginning and early stages of the business.”. In fact, GreenPal wasn’t the only one that figured it was best to go for a Delaware-based C-Corp.

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The Summer of Initial Coin Offerings

Seeing Both Sides

Early stage entrepreneurs will also still likely value experienced advice on company-building from seasoned venture capitalists. In short, token sales allow early stage companies to skip the series B round and beyond. Shift of value from equity holders to token holders. Fuzzy Governance.

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The Summer of Initial Coin Offerings

Seeing Both Sides

Early stage entrepreneurs will also still likely value experienced advice on company-building from seasoned venture capitalists. In short, token sales allow early stage companies to skip the series B round and beyond. Shift of value from equity holders to token holders. Fuzzy Governance.