In this article we dig deeper into liquidation preference in startup deals - how can it impact the shareholders and founders during a liquidity event.
Learn about preferred stock and why you don't set aside preferred shares for investors when starting a company.
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.
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.
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.
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.
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.
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.
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.