What do you do when a startup relationship gets rocky?

By Rick Colosimo / April 20, 2020 /

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…

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Why the "best" law journals are mostly worthless

By Rick Colosimo / July 19, 2013 /

This WSJ law blog post references a Georgetown constitutional law professor who thinks we should get rid of the Constitution because, effectively, he’s smarter than 200+ years of Americans and will get it exactly right.  You should know that law journals are not edited by professionals, and law review articles are not subject to anything you would…

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Why I write

By Rick Colosimo / May 20, 2010 /

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 /

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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