I don’t mean third-date awkwardness, or figuring out how to let him know you’re not ready to introduce him to your friends. No, we’re talking about how to handle going from start-up to break-up. Co-founders have complicated relationships: you have usually known the other founder as a co-worker or friend for months or even many…
Read MoreBenefit corporations have become more common since I started this post, on the heels of this WSJ article describing them. I have long found these legislative exercises to be a substantial waste of time and effort. Public fiscal discipline is non-existent, and yet legislators have time to fool around with this sort of mickey-mouse smoke…
Read MoreI really like the rationale for the FAST agreement. Startup founders without experience bringing on advisors often need help bracketing equity grants for those advisors, and often those negotiations take place before outside general counsel is retained and there is already a stake in the ground. The FAST approach uses a simple 3×3 grid to…
Read MoreI just read Ken Adam’s post on AI review of legal documents. In the case of services that offer contract templates, if I don’t know who prepared a template, I’m not going to trust it. Even if I do know, I’ll be skeptical unless given good reason not to be. I had this exact comment…
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