Remove Delaware Remove Employee Remove IP Remove Naming
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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. 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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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Pick a name for the new legal entity (e.g., and search for its availability as a corporate name, domain name and trademark (all separate inquiries). Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Offer letters for employees. Newco, Inc.”)