Archived
Can I "cash out" on the total acquisition ($10MM) right away or only on the $2MM? When/How can I take advantage $5MM stock opt?
Paul's answer
|
Answered on May 09, 2016
If you hold a stock option, you don't actually hold equity in the startup until you exercise that option. Your rights here are going to be driven...
Archived
What is the best type of corporation for our business.
Paul's answer
|
Answered on April 07, 2016
Generally a business of your type will form a limited liability company (LLC), because it offers flexible management and pass-through tax...
Archived
How can I get shares as founders shares for a startup that hasnt gone to pitch yet but might go there in a month
Paul's answer
|
Answered on April 06, 2016
Your ability to own shares in a US company has no relationship to your immigration status. However, if the company has made an S-corp tax election,...
Archived
Can I begin a company as a sole proprietorship and then later create my own corporation and buy it out?
Paul's answer
|
Answered on April 05, 2016
I agree with what the other lawyers have said, but I'm going to offer a bit of practical advice, too. If you can't afford the minimal fees to start...
Archived
So is there a startup legal lawyer that loves startups that won't break the bank?
Paul's answer
|
Answered on March 20, 2016
If you are ready to file a trademark application and enter into contracts with developers and designers, you should form your company now. You want...
Archived
Is the $1000 NY publishing fee for a LLC mandatory?
Paul's answer
|
Answered on March 17, 2016
The publication requirement is mandatory for New York LLCs. The cost will vary, depending on where you are located. For example, an LLC located in...
Archived
Do I need to do anything with the SEC or anything like that? Or is it just simply adding them to the operating agreement?
Paul's answer
|
Answered on March 15, 2016
As a matter of law, you are selling securities when you bring on a new member to your LLC. Consequently, you will need to find an exemption from...
Archived
How can I form company structure myself?
Paul's answer
|
Answered on February 04, 2016
Not to be too snippy, but if you have to ask this question, perhaps this isn't something you should be doing yourself.
Archived
How do we issue and vest shares in our startup?
Paul's answer
|
Answered on January 26, 2016
The other attorneys have all provided good answers. One more reason why you want to have an attorney (and also your accountant) work with you on...
Archived
Is it possible to create an employment agreement for founders in a tech startup that doesn't obligate the firm to pay wages?
Paul's answer
|
Answered on January 26, 2016
Instead of employment agreements, which would bring in the requirement that you pay at least minimum wage, you might be able to use consulting...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained