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Dear Founders: Here Are Three IP Mistakes to Watch-Out For

Scott Edward Walker

Over the past six months, my firm has been engaged by a number of startups with significant intellectual property (“IP”) problems. In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm.

IP 52
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Opinion: It’s a startup world

NZ Entrepreneur

It is our startup sector which will drive this innovative progress. Startup founders are our ambitious problem solvers. To generate growth in a startup, it is almost always necessary to raise external capital to run the necessary. In order to understand startup governance, you need to understand risk and reward.

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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Vesting Restrictions. The first deadly mistake relates to vesting restrictions. In addition, sometimes a portion of the shares will be deemed to be vested “up front” – meaning that they are not subject to vesting — particularly where a founder has made a significant contribution prior to the company’s incorporation.

Vesting 89
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7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

Understating or overstating your request will likely kill your credibility or your startup in lieu of follow-on requirements. Keep all IP details close to the vest. Many more of the funded startups fail to achieve business success, even with the money. Get funding sizing input from senior advisors.

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Do It Right The First Time: Avoiding “Janitorial” Legal Work

Gust

What is a startup really? I don’t fault entrepreneurs for relegating startup legal work to the bottom of their daily triage list; founders are spread incredibly thin. To add insult to injury, the more spectacularly successful the company, the more costly the mistakes can be.

IP 114
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How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

Editor’s note: Understanding how to divide founder equity at a startup can be tricky, even to the point of reaching emotional riffs between founders. Across both the startups I’ve personally been involved in (PayPal and LinkedIn) and the startups in which I’ve been an investor, I’ve seen a broad range of co-founder equity splits.

Equity 315
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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

Across both the startups I’ve personally been involved in (PayPal and LinkedIn) and the startups in which I’ve been an investor, I’ve seen a broad range of co-founder equity splits. As a result, one of the trickier things co-founders tackle is determining the equity split amongst the founding group of individuals.

Cofounder 255