Delaware Employee IP Operations 
Both Sides of the Table
JANUARY 21, 2010
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?
Gust
DECEMBER 8, 2011
Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Offer letters for employees.
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