Legal: as a startup founder, it’s probably not your number one skill. That’s normal. If you’re running a startup, you’re likely trained in another discipline. Think: computer science, marketing, finance or sales. Legal is, understandably, an afterthought – you’re focused on building. But the law dictates how you organize and
Missing deadlines (that may cost you $25,000) This is the fifteenth (and final… for now) post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity
Not providing a vesting schedule This is the fourteenth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational purposes only.
Not taking care of post-incorporation essentials This is the thirteenth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational purposes
Granting options without a 409A valuation report This is the twelfth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational
Not having a Board approval for every equity issuance This is the eleventh post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is
Winging your legal This is the tenth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational purposes only. It should
Not making an 83(b) election: Company view This is the ninth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational
Not making an 83(b) election: Employee view This is the eigth post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for informational
Signing a term sheet without consulting an attorney This is the seventh post of Mistakes Founders Make, a series of blog posts that shine light on legal mistakes that startups commonly make and attorneys have to fix. Keep in mind that the post sacrifices detail for simplicity and is for
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