Posts tagged as:

governance

Five-minute general counsel: compare ownership structures

12 October 2009

I often get questions asking about entity selection when someone is considering incorporating. Here is a summary of some general ownership structure issues. What do all these entities do? This introduction will make it easier for you to come up with questions that will help you select the best alternative for your specific situation. There [...]

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Five-minute general counsel: incorporate a tech startup

12 October 2009

Another LinkedIn user asked about how to structure a startup that would be a typical VC-funded software company. Here’s my edited answer: As someone who’s represented dozens of startups, closed probably 100 venture deals, and cleaned up too many small companies to count, there is in fact a right way and wrong way to do [...]

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Five-minute general counsel: Can you incorporate me?

9 October 2009

Here’s another common question I get: I’m onto a new startup idea.  How much would you charge to incorporate?  Do you have any advice as to where to incorporate? Here’s my usual answer: I’ve done this sort of work for companies under firm quotes of $2000 + state filing fees for a full incorporation package, [...]

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Five-minute lawyer: How to form a nonprofit

9 October 2009

I regularly find people asking this question: How do I form a nonprofit? What most people mean and want is a charitable organization that satisfies the requirements of IRC 501(c)(3), which gives donors assurance that their donations will be tax-deductible. To set up a charitable organization, you generally run through the following steps: 1. Determine [...]

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