Stefan Nagey
Liquidation preference: A Guide For Startup Founders
In this article we dig deeper into liquidation preference in startup deals - how can it impact the shareholders and founders during a liquidity event.
by Stefan Nagey • 7 min readWhat is a Cap Table?
Learn what a cap table is, and how to keep accurate records of your company's ownership, so you can easily pass due diligence when raising money for your startup.
by Stefan Nagey • 7 min readWhat percentage of stock should I reserve for preferred stock investors?
Learn about preferred stock and why you don't set aside preferred shares for investors when starting a company.
by Stefan Nagey • 12 min read
Why and How Do You Maintain Your Startup's Corporate Minutes?
Minutes are an official log of decisions taken by a startup’s board of directors at board meetings. Failure to keep accurate minutes of board meetings may cause a company and board members to face legal problems in the future.
by Stefan Nagey • 3 min readPost-Incorporation Checklist: 9 Steps After You Incorporate Your Startup
We cover some of the important steps founders will need to take after incorporating their startup, like 83(b) elections, getting an EIN, opening a bank account & more.
by Stefan Nagey • 4 min readWhat is a Signature Block in Legal Contracts?
Most people don't pay much attention to the signature block when a contract is signed. Signature blocks and conventions around signature in legal contracts serve an essential function in determining the validity of a contract such as an investor agreement or stock option award.
by Stefan Nagey • 2 min readHow To Properly Deal With a Co-Founder Leaving Your Startup
Co-founder exits can be a messy ordeal for startups, but they don't have to be fatal. Learn how to avoid messy co-founder exits and protect your startup.
by Stefan Nagey • 4 min readC Corporation or LLC: Which is the best entity for your startup?
Startup investors strongly prefer to invest in C Corporations over LLCs for tax and diligence reasons. The proceeds from selling stock in startups registered as C Corporations can be tax exempt due to Qualified Small Business Stock exemption.
by Stefan Nagey • 5 min readHow To Get an Employer Identification Number (EIN) For Your Startup
An employer identification number or EIN is essential to doing business and you will need to get an EIN for your startup before opening a bank account, paying taxes or hiring employees.
by Stefan Nagey • 7 min readHow To Prepare Your Startup For Due Diligence
A breakdown of the due diligence process for startups, from early stage fundraising to acquisitions. Learn how to breeze through due diligence and close your financing deals quickly.
by Stefan Nagey • 7 min readWhy You Should File Your Section 83 (b) Election
Learn why you should file your 83 (b) election when purchasing your founders shares in your startup. Topics covered include tax implications, filing deadlines, and the process to complete the 83(b) election filing with the IRS.
by Stefan Nagey • 5 min readWhy Now Is The Best Time to Start a Company
Historically great companies have been formed during recessions. The one we're living ican be a unique opportunity for new, amazing companies to be founded
by Stefan Nagey • 7 min read