Startup Professionals Musings

SEPTEMBER 19, 2010

It used to be true that “everyone” incorporated in Delaware due to its more favorable terms, but many of these terms simply don’t apply to startups, or the differences don’t exist anymore. Tags: startup incorporation Arizona Delaware business. I live in Arizona, so I’ll use that state as an example. Now is the time to get started.

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Up and Running

AUGUST 28, 2019

Delaware is a very popular state to incorporate in, and boasts the highest number of incorporated entities in America. Because of its popularity, Delaware is also statistically a popular state for investors to finance businesses. This sounds great, but doing business in another state means additional paperwork.

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Austin Startup

NOVEMBER 6, 2017

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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Up and Running

AUGUST 6, 2014

An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. Maryland was the first U.S.

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Campus Entrepreneurship

JANUARY 17, 2012

Entrepreneurship is a way of thinking and acting,” said Terrell, a supplemental faculty member in the Department of Business Administration in the University of Delaware’s Alfred Lerner College of Business and Economics.

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Gust

DECEMBER 8, 2011

Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Strategic partnership or distribution agreements. Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Appoint Newco’s initial Board of Directors. Office and equipment leases.

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Up and Running

MAY 23, 2016

If you’re working closely with partners who are helping you distribute your product, it’s especially important to make sure they understand who you are, how you speak, and who you serve. In fact, GreenPal wasn’t the only one that figured it was best to go for a Delaware-based C-Corp. Delaware permits a single-member board of directors.

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