How to Handle Changes on Your Board of Directors Blog Post

Departing Directors Board members tend to stay with companies for a relatively long time, but, like employees, sometimes it makes sense for a board member to leave.  Here is what I…

Secondary Sales of Private Company Stock Blog Post

Historically, private company stockholders would be expected to wait until the company went public or was acquired to receive any return on their investment. Over the last several years, however,…

The Due Diligence Process for UK Companies Blog Post

What is due diligence? Due diligence is the process whereby the proposed investor in, or the proposed buyer of, your company investigates the company’s business, people, records and key documents….

The ABCs of CIIAAs: Protecting Employee-Generated IP Blog Post

Companies seeking to avoid employment disputes and to secure intellectual property rights to their employees’ inventions should make sure that all employees have signed confidentiality and inventions assignment agreements.  These…

Protecting Your Founder Equity Blog Post

You and your co-founders are getting your company off the ground. Everyone is excited and in perfect alignment. You have many people to be appreciative of as you launch your…

Choosing the Right Cap Table Platform Blog Post

A company’s cap table is one of its most important records. It shows the ownership of the company’s stock, options and other securities, and it is key to understanding the owners’ economic…

Limited Liability Companies (LLC): The Basics Blog Post

For a general overview of the different types of business entities, see my other article Choosing the Correct Business Entity: The Basics. For a quick reference, see also the chart in our article Comparison…

Establishing the Ownership Culture: Stock vs Options Blog Post

Most startups offer equity participation in their company to people providing services to the company, whether as employees, consultants, advisors or otherwise (which we will call “service providers” in this…

25 Considerations in Preparing for an IPO Blog Post

1. Advisors Choose experienced advisors early, including attorneys and auditors. Advisors who work with the SEC and investment bankers regularly will expedite the process and help avoid glitches and delays…

How to Choose Your Corporate Name Blog Post

You’ve done it.  After brainstorming for hours, furiously using Google to search for synonyms or words that rhyme, and running names by friends and family, you’ve finally found the perfect...