Both Sides of the Table

JANUARY 21, 2010

If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. I write about some of the lessons in my post on Startup Mistakes. Founded it as a California LLC but your potential VC wants a Delaware C-Corp?

Southern California 318

Southern California Silicon Valley IP Stock Options 318

YoungUpstarts

JUNE 15, 2015

He may have been named by Silicon Valley thought leader Paul Graham as one of the five most interesting startup founders since 1979, but Sam’s curious penchant for wearing t-shirts over long-sleeve shirts suggests that he’s definitely too young for me. What I fell in love with was Sam’s How To Start A Startup class at Stanford.

Cofounder 100

Cofounder Delaware Startup Technical Review 100

David Teten

MAY 7, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We assume we’ll be structured as a traditional Delaware C corporation. We are a nonpartisan, bipartisan startup of concerned Americans.

America 60

America Technical Review Advisory Board Due Diligence 60

David Teten

JULY 10, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We assume we’ll be structured as a traditional Delaware C corporation. We are a nonpartisan, bipartisan startup of concerned Americans. Sounds great!

America 60

America Technical Review Advisory Board Due Diligence 60

The Startup Lawyer

OCTOBER 9, 2019

Are you planning on getting venture funding or do you want to sell your tech startup for a big chunk of change one day? Then it’s extremely likely your startup should be a Delaware C-Corp. A disturbing trend has emerged in the last couple of years with “startup lawyers” recommending.

Delaware 40

Delaware Early Stage Startup 40

Gust

DECEMBER 15, 2011

Having taken stock of the main legal documents and actions involved in forming and operating a new startup, let’s crack open the “case” (disregarding the warnings about voiding your warranty) and examine a few of the steps, documents and key decisions to be made in getting a new startup ready for business. Let’s start with your name.

Naming 141

Naming Delaware Tajikistan Database 141

The Startup Lawyer

JANUARY 6, 2012

If you haven’t already received your Delaware franchise tax statement in the mail, then it’s probably on the way. You have to give credit to Delaware — they make paying your corporation’s franchise taxes “thrilling.” This total is computed based on your startup’s number of authorized shares.

Delaware 60

Delaware Common Stock Stock Startup 60

The Startup Magazine

DECEMBER 1, 2023

Having received a Bachelor of Science degree from the Delaware Valley College of Science and Agriculture in 1999, John has continually expanded his expertise across various industries. John Gulius The post Profile of John Gulius, South Carolina-Based Turf Management Expert appeared first on The Startup Magazine.

South Carolina 110

South Carolina Management Delaware Sales 110

Austin Startup

JANUARY 25, 2020

Austin, TX Fast forward 4 years later, here I am working for a startup at the South By South West Tech & Music festival in Austin, TX. SXSW brings a huge chunk of the music and tech world together in one city every year in March, and most startups launch their products there every year. How did I get the gig?

Delaware 62

Delaware SEC New York City New York 62

The Startup Magazine

JUNE 17, 2021

Delaware is considered one of the best states for starting a business because of the low corporate tax rate. Even immigrants who are not located in Delaware can still start a business. Non-residents do not need a Delaware business address and can apply for an Employer Identification Number.

America 153

America Delaware United States Small Business Administration 153

The Startup Magazine

AUGUST 21, 2019

Since then it has grown to serve the tri-state New Jersey, Pennsylvania, and Delaware areas, but I still consider it a small business and my employees, more like a family. The post Start Up and Stay Up – How Small Businesses Survive & Thrive appeared first on The Startup Magazine.

Small Business 91

Small Business Philadelphia Software Review New Jersey 91

The Startup Magazine

NOVEMBER 17, 2020

Luckily, the world is a friendlier and more welcoming place for entrepreneurs now more than ever, so there is flexibility for your startup location. Launching a startup has never been easier in the U.S., During our research, we focused on the most important factors regarding a startup’s success. Why this range?

District of Columbia 167

District of Columbia North Dakota West Virginia Missouri 167

Startup Professionals Musings

MARCH 11, 2013

If you are certain that you are building a large national corporation with more than 100 investors, and multiple classes of stock, then you might as well start with a Delaware or Nevada C-Corp. Incorporate your startup after the business plan, but before you spend a dollar on product development. But don’t be misled.

LLC 234

LLC Nevada Delaware Limited Liability Company 234

YoungUpstarts

OCTOBER 28, 2015

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.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Feld Thoughts

JUNE 2, 2017

They wanted to meet with us, and the agenda was open-ended around issues that startups and investors were interested in, especially ones we have been visibly talking about such as patents, immigration, and net neutrality. Hopefully, the Delaware courts will take a much less “troll-friendly” approach to things.

Delaware 133

Delaware Intellectual Property Harvest Texas 133

YoungUpstarts

SEPTEMBER 28, 2017

Some business startups, like consultancy, only need to invest in business cards and a website, while retail stores may require extensive investing. As a new startup owner, you will be responsible for managing the risks associated with running your business. Writing your business plan will be your second business savvy decision.

Delaware 173

Delaware LLC Bootstrapping Naming 173

YoungUpstarts

FEBRUARY 28, 2017

Making your startup succeed. For example, running a Delaware business search will identify business entities and help you form a regulatory-advantaged Delaware-based corporation. The most successful startups work innovative responses to copy cats into their plans. Your startup is a GO! Believe in your brand.

Delaware 100

Delaware Retention Differentiation Sales 100

SiliconHills

OCTOBER 8, 2013

By SUSAN LAHEY Reporter with Silicon Hills News For most startups there are two ways to go in deciding what kind of business entity you should form: A limited liability company, or a Delaware Corporation, according to David Valenti, a partner with Reed & Scardino. appeared first on SiliconHills.

Limited Liability Company 75

Limited Liability Company Delaware Texas Startup 75

Austin Startup

JUNE 14, 2017

Most top startup lawyers have clients in many different cities, and lawyers specializing in emerging tech/startup work usually only exist in denser tech ecosystems. Background Reading: Bad Advisors: The Problem with Localism Navigating Referrals in a Connected Startup Ecosystem How to avoid “Captive” company counsel Gatekeepers v.

Silicon Valley 48

Silicon Valley Houston San Antonio Austin 48

OnlyOnce

JULY 28, 2022

The Operating System , as I wrote extensively about in Startup CEO , is the collection of practices, meetings, mailing lists, routines/rhythms, and behaviors that your company and team use and depend on to run the business on a day to day basis. The post The Concept of the Operating Philosophy appeared first on The Startup CEO blog.

Operations 62

Operations Delaware Framework Government 62

The Startup Lawyer

MARCH 17, 2010

2) State of Incorporation: Delaware. (3) 2) Fees Paid to Pitch my Startup: $0. (3) Tags: Startup Issues Incorporation raising capital startup. Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) 3) Authorized Shares in Charter: 10,000,000 Shares. (4)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

Scott Edward Walker

NOVEMBER 2, 2011

I’ve been a corporate lawyer for 17+ years, and there are certain fundamental legal mistakes that I’ve seen startups repeatedly make. Accordingly, I thought it would be helpful to provide a simple checklist for startups , which includes links to prior posts for a more detailed discussion.

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

The Startup Lawyer

MARCH 17, 2010

2) State of Incorporation: Delaware. (3) 2) Fees Paid to Pitch my Startup: $0. (3) Tags: Startup Issues Incorporation raising capital startup. Here’s what I’d do in the beginning: Incorporation. (1) 1) Entity Choice: Corporation or Corporation. (2) 3) Authorized Shares in Charter: 10,000,000 Shares. (4)

Accredited Investor 112

Accredited Investor Delaware NDA Vesting 112

Scott Edward Walker

MAY 30, 2013

The extent of these obligations varies from state to state; however, since most companies are incorporated in Delaware, we will focus on Delaware law. Under Delaware law, the duty of care requires a director to exercise the care that a reasonably prudent person in a like position would exercise under similar circumstances.

Delaware 68

Delaware Founder Cofounder Due Diligence 68

The Startup Magazine

AUGUST 31, 2020

Wondered how a Nevada LLC obtained a small minority membership interest in a Delaware LLC that owns and operates numerous shopping malls in California? appeared first on The Startup Magazine. You might think, as a non-resident of California, that it would be harder for you to set up an LLC.

LLC 90

LLC California Montana Nevada 90

Startup Professionals Musings

FEBRUARY 1, 2016

for incorporation should provide you at least the key startup entity considerations you need to address in any business environment around the world. Isolate your new startup business from your personal accounts. Successful startups are all about being able to move to success before the market changes or new competitors appear.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120

Scott Edward Walker

OCTOBER 27, 2015

I get calls and questions all the time about our Startup Package and, accordingly, I put together a brief clip from the podcast “ This Week in Startups ” which should be helpful. Indeed, we have done more than 300 Startup Packages and the appeal is obvious: no billable hours. Legal Checklist for Startups. v=N1A44ShZfWo.

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Up and Running

APRIL 11, 2014

Not that you’re not going to do it anyhow, just like I did, but, for the record, you know they say seven out of ten startups fail within three years, and that comes from research that was done. a Delaware corporation that sprung up when the sole proprietorship died, and that Delaware corporation became Palo Alto Software, Inc.,

Delaware 95

Delaware California Oregon Software 95

The Startup Magazine

JUNE 1, 2021

If you are thinking about getting a mortgage to finance your real estate purchase, then it is essential that you will have a real estate attorney present in the facilitation of closing the project property in Connecticut, Delaware, Georgia, Massachusetts, New York, South Carolina or West Virginia.

West Virginia 89

West Virginia South Carolina Hiring Connecticut 89

OnlyOnce

MAY 3, 2013

The second was that I came face to face with a judge in the state of Delaware for the first time around some litigation we’re in the middle of now. While I can’t comment on this for obvious reasons, you never think when you decide to incorporate in Delaware that a trip to a courthouse in Wilmington is in your future.

Delaware 82

Delaware Leadership Employee Search 82

Gust

DECEMBER 8, 2011

In Part I , I gave a quick summary of the who, when and why of forming and documenting a new startup company. This week we’ll delve into what , exactly, is necessary or desirable to lay a solid legal foundation for a startup to build upon. Pick a name for the new legal entity (e.g., Newco, Inc.”) Yes, it’s a mouthful.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Scott Edward Walker

FEBRUARY 1, 2014

My law firm recently entered into a new partnership with This Week in Startups and sponsored their live fireside chat last month in San Francisco with authors Nick Bilton and Brad Stone. Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

My law firm recently entered into a new partnership with This Week in Startups and sponsored their live fireside chat last month in San Francisco with authors Nick Bilton and Brad Stone. Prior to the event, I conducted a legal workshop entitled “The 5 Biggest Legal Mistakes That Startups Make,” which I have uploaded below.

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

ReadWriteStart

JUNE 5, 2012

Virgin Islands,” five states - Delaware, Maine, New Jersey, New York, and Oregon - already have active SEA programs. To some startups an unemployment check may seem too small and trivial to make a difference. To some startups an unemployment check may seem too small and trivial to make a difference.

Puerto Rico 149

Puerto Rico District of Columbia Virgin Islands New Jersey 149

Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. In these early times, some startups may be hesitant to pursue this path because of the uncertainty and perceived risk.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. In these early times, some startups may be hesitant to pursue this path because of the uncertainty and perceived risk.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Eric Ries, a Silicon Valley entrepreneur and author of The Lean Startup, popularized this strategy for web applications.

Software Review 74

Software Review Software Delaware Forecast 74