When forming a Delaware corporation, one of the first decisions you’ll need to make is who will be on your Board of Directors.If this is your first time forming a corporation, you may even be wondering what a Board of Directors is and why you need one. Delaware...
83(b) Elections: What to Know as a Startup Founder, Employee, or Advisor
Congrats! You were just granted equity in a startup. But… now what? If you are new to the startup ecosystem, or just not fluent in the regulation of privately held securities (as many are not), you might overlook a key consideration which impacts the tax treatment of...
Clearing up the Non-Compete Confusion
I. Introduction If you have been following the news, you might be confused about the state of non-compete provisions in the United States. This is understandable as federal and state governments have been reexamining the fairness and enforceability of non-compete...
Common Mistakes to Avoid When Forming a Company
Forming a company? Don’t worry, it’s not as daunting as you may think. In fact, if the proper steps are followed, it can be a quick and straightforward process. Unfortunately, many founders are never taught how this process works, so they make rushed decisions which...