Crowdfunding a startup: rags or riches?

By Rick Colosimo / May 20, 2010 / Comments Off on Crowdfunding a startup: rags or riches?

Crowd-everything is super hot, and super cool. The vastness of Wikipedia alone is sufficient to teach every one of us that when “crowd” is applied to your field, really neat and seemingly impossible things can happen. To me, “crowd” is just the plural of “open,” as in open data. But crowd doesn’t always work, and…

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Why I write

By Rick Colosimo / May 20, 2010 / Comments Off on Why I write

Many of my readers have seen my “Five-minute General Counsel” blog post series. The idea is to give readers an informed opinion that, while not specific to their situation, highlights some of the major issues involved in various decisions, such as whether to form an LLC or corporation for your tech startup. (Hint: read this…

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Why is asking "LLC or Corp?" the wrong question?

By Rick Colosimo / May 2, 2010 / Comments Off on Why is asking "LLC or Corp?" the wrong question?

Here’s another LinkedIn-derived question that merits a better answer. The question was essentially whether the fellow with some IP to build a business on should form an LLC or a corporation. In typical LinkedIn fashion, off-the-cuff answers that are specific end up being wrong. In my mind, if someone is asking this question, they either…

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Five-minute lawyer: how to plan a nonprofit

By Rick Colosimo / October 25, 2009 / Comments Off on Five-minute lawyer: how to plan a nonprofit

You’ve probably already seen our Five-minute Lawyer post on How to Form a Nonprofit, but sometimes people are at an earlier stage of the process, where they haven’t figured out what they exactly want to do. This process looks a lot like planning a for-profit business in the early stages, but here are a few…

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