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You Never Issued Stock To Your Founders. Is That A Problem? Blog Post
Thanks to Libby Hadzima Perkins for her contributions to this article. You and your co-founders have begun exploring a new business idea. You plan to incorporate, build out a team…
A Key Customer Filed for Bankruptcy: Should You Keep Doing Business With Them? Blog Post
When a key customer files bankruptcy, one of the first questions you will face is whether to keep doing business or end the relationship. (Another key question is making sure…
Why You Can’t Afford To Be Disorganized Blog Post
You will not be able to close a round of financing, sell your company or do an IPO if your corporate house is a mess. Investors, buyers and underwriters all...Drafting Offer Letters: Keys to Simple and Effective Employment Agreements Blog Post
Hiring high-quality employees is one of the keys to your company’s growth. As you hire, you will be wise to have in place clear and comprehensive offer letters for all of…
Corporations: The Basics Blog Post
Corporations are distinct legal entities owned by their stockholders. Unlike a partnership, a corporation may be owned by a single person who may (but need not) be the corporation’s sole…
Why Your Website Shouldn’t Use Someone Else’s Terms of Use or Privacy Policy Blog Post
The terms of use (TOU) agreement or terms of service (TOS) and the privacy policy found on most websites govern the relationship between the website operator and its customers. Although...Frequently Asked Questions: Provisional Patent Applications Blog Post
What is a provisional patent application? Under US patent law, a provisional patent application (“provisional application”) is a document that is filed at the United States Patent and Trademark Office…
Form of Employee Offer Letter
Click here to generate your Cooley GO Docs Form of Employee Offer Letter (for California exempt employees only). An effective offer letter is an important document that sets expectations regarding an employee's...Addressing Advisors’ Concerns About Assigning Their Intellectual Property Blog Post
UK review by Chris Coulter Many startup companies rely in their early stages on advisors to assist with strategy, fundraising, introductions, technology and other areas. Generally, advisors in startup companies…
Founder Basics:
Founder’s Stock, Vesting and Founder Departures Blog Post
What Is Founder’s Stock? In US startups, “Founder’s Stock” refers to the equity interest that is issued to Founders (and perhaps others – also check out my article Who is a…