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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

You also need to remember to file your 83(b) election with the Internal Revenue Service within 30 days after the grant/purchase date of the restricted shares (see tip #3 of my post “ Founder Vesting: Five Tips for Entrepreneurs ”). Any IP created or acquired by a founder (e.g., code, logo, domain name, etc.) IP Ownership.

Vesting 89
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After the VC Term Sheet is Signed – It’s Not Over Yet

Genuine VC

Founder vesting is the most common example. As an extreme but real example, once a standard background check which was run on the startup’s CEO reported that someone with his exact name from his exact town was a felon convicted of embezzlement. Lawyers going back and forth on minute/inconsequential details, of course.

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Finance Fridays: Getting Started – Allocating Equity and Founder’s Investment

Feld Thoughts

This includes agreeing on how you will handle personal investments in the business, but it also includes many other topics such as foundersvesting schedules and voting rights. Oh, and you’ll notice that they don’t yet have a name for their company. This will save a lot of pain down the road. warrants or discounts).

Equity 137