Do I really need to form a company or can I do business without one? With few exceptions, all business should be conducted from within a company that is properly formed and organized as a corporation, a limited liability company (LLC), a limited partnership (LP) or the like. Why? Four basic reasons: a. Asset Protection…
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startup legal FAQ – 3-5. What up with all the contracts?
So what’s with all the contracts? There is no truer maxim in the law than “get it in writing.” Probably the single most effective service lawyers provide to manage risk is the thoughtful structuring, negotiating, and drafting of effective contracts. With very few exceptions, every transaction in which a company engages should be governed by…
startup legal FAQ – 2. Lawyer says what?
The vast majority of the advice emerging companies lawyers give clients is meant to address one or more of these risks: Litigation risk. We help you avoid things that could put you on the losing end of lawsuits. Valuation risk. We help you take steps to fortify your company’s value (or at least not needlessly…
startup legal FAQ – 1. Why does a startup need a lawyer?
Why does a startup need a lawyer? Generally, lawyers recommend ways of managing risks. It is the entrepreneur’s job to dream of everything that will go right with the company and to evangelize about the company’s prospects for success. It is our role as outside counsel to help that success along by anticipating the things…
Copyrightability of recipes
Copyright protection attaches to original, creative works of authorship. If a recipe is copyrighted, the copyright holder can usually sue anyone who copies it without permission. Recipes typically have 2 sections: 1. the list of ingredients, and 2. the mixing & prep instructions. 1. Plain lists of ingredients are not copyrightable, or the protection, if…
What VC’s want in a software/services startup
Here are some notes from a seasoned entrepreneur who attended this SDForum VC Roundatble event last night in Palo Alto featuring the following panel: Rebecca Lynn (Morganthaler Ventures), Evan Liang (Shasta Ventures) and Rohit Gupta (Opus Capital). Comments re. what VC’s are seeking in a software/services startup: subscription models are favored; free first, subscription later …
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