Remove Cost Remove Employee Remove IP Remove Vesting
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Dear Founders: Here Are Three IP Mistakes to Watch-Out For

Scott Edward Walker

Over the past six months, my firm has been engaged by a number of startups with significant intellectual property (“IP”) problems. In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm.

IP 52
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Do It Right The First Time: Avoiding “Janitorial” Legal Work

Gust

Notice what is missing from this list of priorities: The company itself – that is, a business entity, most often a corporation , that will own the entire business (however defined), issue equity to founders, take investment capital , enter into contracts, make sales, pay employees and contractors, and so forth. Good stuff!

IP 114
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How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

You don’t really need to worry about how much common stock will be set aside for an employee option pool or how much preferred stock might be issued from raising future VC rounds in order to determine an equitable founder stock division. Ideation/IP. But they frequently capture some of the following dimensions: 1.

Equity 315
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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

You don’t really need to worry about how much common stock will be set aside for an employee option pool or how much preferred stock might be issued from raising future VC rounds in order to determine an equitable founder stock division. Sometimes, however, there’s an existing code base that one co-founder brings.

Cofounder 255
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Series Seed Financing Documents

www.seriesseed.com

It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. All of those cost us as much if not more in legal time than the seed round. This is typically done in a founder stock purchase agreement which contains vesting.

Finance 40
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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

You don’t really need to worry about how much common stock will be set aside for an employee option pool or how much preferred stock might be issued from raising future VC rounds in order to determine an equitable founder stock division. Sometimes, however, there’s an existing code base that one co-founder brings.

Cofounder 173
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Making Decisions in Context

Austin Startup

Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services. 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. Can you acquire them at a sustainable cost? Are the logistics manageable?