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.

Delaware 48

Delaware LLC Startup Silicon Valley 48

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

David Teten

JULY 10, 2019

pre-launch, BIG equity, big peeps involved–ANY TIPS?? As a VC, I’m interested in working with companies with large-scale revenue potential, and that’s the company we envision. We assume we’ll be structured as a traditional Delaware C corporation. We agree on an equity split, vesting, and initial compensation structure.

America 60

America Technical Review Advisory Board Due Diligence 60

David Teten

MAY 7, 2019

As a VC, I’m interested in working with companies with large-scale revenue potential, and that’s the company we envision. We assume we’ll be structured as a traditional Delaware C corporation. We agree on an equity split, vesting, and initial compensation structure. And how do you split the equity? This work is unpaid.

America 60

America Technical Review Advisory Board Due Diligence 60

Scott Edward Walker

NOVEMBER 2, 2011

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). Split the equity based on prior contributions and expectations going forward, not necessarily equally (see post here ). Button-down IP ownership and assignment issues (see post here ).

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

Gust

DECEMBER 8, 2011

Readers can anticipate my next point in continuing the analogy: It makes no more sense for a non-lawyer to prepare fundamental legal, governance, equity and intellectual property documents than it would for a patient to self-diagnose and begin taking prescription-strength antibiotics or other medications. Newco, Inc.”)

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Scott Edward Walker

OCTOBER 27, 2015

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). Split the equity based on prior contributions and expectations going forward, not necessarily equally (see post here ). Button-down IP ownership and assignment issues (see post here ).

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40