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Can You Replace Lawyers With Software?

The Startup Magazine

A business runs on diligence, passion, and creativity — but it also needs a whole lot of legal help. You need lawyers to help you with incorporation and IP creation. However, what you don’t need is lawyers’ prohibitive fees, which can cost your startup hundreds of thousands of dollars — even millions — in just the first few years.

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Artificial Intelligence and Machine Learning– Explained

Steve Blank

You succeed in convincing one company and a government to adopt computers and learn to code much faster than their competitors /adversaries. But they herald a sea change in what computers are capable of doing, how they do it, and what hardware and software is needed to do it. Classic Computers – Software Updates, New Features.

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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.

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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

– Templatize the entrepreneurial process , by providing checklists, standardized agreements and other reusable code. – Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. All of the strategies above have very modest fixed cost.

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The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing. .”

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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 #5 : not doing your due diligence on potential investors (at 38:36). Mistake #2: Not Buttoning-Down IP Ownership Issues. Mistake #5: Not Doing Your Due Diligence on Potential Investors. Mistake #1: Forming the Wrong Entity.

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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?