Venture Capital Legal Advice (25 found)

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David Alexander Phipps
David Alexander Phipps' answer
Contributor Level 5

Option 1 is not good. There is no good reason to yield. Option 3 is foolish....
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Scot Jameson Johnston's answer
Contributor Level 3

Clearly, you've got to sit down with someone and walk through the facts in...
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Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

If you do have funding interested, then you may want to convert to a C-Corp. It...
Ellen A. Victor
Ellen A. Victor's answer
Contributor Level 4

Congratulations on attracting investors. Foreign businesses are not allowed...
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Michael Lee Mau
Michael Lee Mau's answer
Contributor Level 4

Just as a start, figure out what type of business you want to form, i.e. sole...
Vincent Thomas Pallaci
Vincent Thomas Pallaci's answer
Contributor Level 5

In terms of insurance, you will likely need to consult an insurance broker. At...
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Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 5

Though I am not a tax attorney/accountant, I can preliminarily answer your...
Mark L Rosenberg
Mark L Rosenberg's answer
Contributor Level 7

I am a tax attorney with a Master of Laws in Taxation from Georgetown. Pre-...
Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 9

The main asset you have to offer is your idea, plus whatever experience,...
Bruce Leonard Beal
Bruce Leonard Beal's answer
Contributor Level 4

I agree with Pamela on the critcal need for a nondisclosure agreement prior to...
Question

David Michael Goldman
David Michael Goldman's answer
Contributor Level 7

I would look at the LLC and tax it as a partnership or S corporation depending...
David Michael Goldman
David Michael Goldman's answer
Contributor Level 7

I would look at the LLC and tax it as a partnership or S corporation depending...
Question

David Michael Goldman
David Michael Goldman's answer
Contributor Level 7

There is not much you can do about it. It will not be difficult to sell your...
Glenn M. Lyon
Glenn M. Lyon's answer
Contributor Level 6

I'm not sure what you mean by "make it difficult." You have to first offer the...
Daniel Nathan Ballard
Daniel Nathan Ballard's answer
Contributor Level 7

The phrases you're looking for are "new product development company" and "...
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William H. Quirk IV's answer
Contributor Level 3

To supplement what Pamela said, ... If you need to push for starting patent...
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Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 9

If you plan to seek VC and investors, then a "C" corporation is probably the...
John M. Kaman
John M. Kaman's answer
Contributor Level 10

The issue you should think about is not which state is more business friendly...
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Stuart Jonas Reich
Stuart Jonas Reich's answer
Contributor Level 7

Speak with an attorney about this. While it is in theory possible, it is a...
Question

Freya A Shoffner
Freya A Shoffner's answer
Contributor Level 4

You certainly have raised a number of good questions. Whenever a business is...
User's answer
Thank you for your kind response Ms. Shoffner. I'd like to add additional...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 9

You can claim anything you want, and as long as you don't actually want to own...
Jeffrey Thekdi Gedeon
Jeffrey Thekdi Gedeon's answer
Contributor Level 4

Your intent is unclear... 1) Do you want to commit your idea to the public...
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V. Carl Walker
V. Carl Walker's answer
Contributor Level 4

There are many ways to do this. I am afraid your advisor has drastically...
Peter LaSorsa
Peter LaSorsa's answer
Contributor Level 6

Honestly, you need to hire a business attorney.
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Shawn Tilmon Mccammon
Shawn Tilmon Mccammon's answer
Contributor Level 3

Before releasing any of the information to anyone, you should consult with a...
Melissa Cari Marsh
Melissa Cari Marsh's answer
Contributor Level 7

As stated by the other attorney, if your idea involves something novel you will...
Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

Although I practice in CA, rather than NY, I suspect that my answer would be...
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V. Carl Walker
V. Carl Walker's answer
Contributor Level 4

There is no specific rate for venture capital loans. VC loans are very risky...
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Lev Konstantyn Martyniuk
Lev Konstantyn Martyniuk's answer
Contributor Level 5

I am not your attorney and I am responding only for educational purposes. You...
Jonathan H Levy
Jonathan H Levy's answer
Contributor Level 9

You need to determine where you want to incorporate first and then take a look...
Ronald Anthony Sarno
Ronald Anthony Sarno's answer
Contributor Level 9

It is illegal to have someone work without being paid. It is a violation of...
Jonathan H Levy
Jonathan H Levy's answer
Contributor Level 9

I agree with Mr Sarno, call it what you like, but it would likely be a salary...
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Elizabeth Marie Sedmak's answer
Contributor Level 2

Black's Law Dictionary, along with most states, defines a partnership as "a...
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Elizabeth Marie Sedmak's answer
Contributor Level 2

Accidentally hit the enter key before I added the required disclaimer: The...
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Eric A Koester
Eric A Koester's answer
Contributor Level 5

This is a tough question to answer without more information -- so my first...

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