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The Startup Lawyer The Startup Lawyer

Entrepreneur and Startup Company Law

Post Frequency: 1.9/day

Last Entry: April 15, 2020 at 16:22:08

Recent Entries: 335

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How I Launched My Startup (Law Firm)

Posted on September 18, 2008
I’m often contacted by lawyers for advice about going solo. In the legal world, going solo is the equivalent of quitting your day job and launching your startup full-time. So I’m dedicating this blog post to provide some background about how I launched my startup law firm...


Guy Kawasaki: The Art of Raising Venture Capital, Part Three

Posted on September 04, 2008
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Guy Kawasaki: The Art of Raising Venture Capital, Part Two

Posted on September 04, 2008
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Guy Kawasaki: The Art of Raising Venture Capital, Part One

Posted on September 04, 2008
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Initial Thoughts on the Y Combinator Angel Investor Documents

Posted on August 24, 2008
I wanted to give my initial thoughts on the Y Combinator Series AA Angel Investor Legal Documents that were officially released late last week. I plan to write a document-by-document breakdown in the coming week: Term Sheet - August 26th Stock Purchase Agreement - August 27th Board Consent - August 28th Stockholder [...


Making Dallas the City of Angels

Posted on August 24, 2008
I could use more palm trees here in Dallas and while I’m at it a Togo’s. However, the “City of Angels” reference in this post’s title is about bridging the gap between entrepreneurs and angel investors rather than going “Under the Bridge...


Y Combinator Series AA Equity Financing Docs Back Up

Posted on August 22, 2008
Y Combinator and Wilson Sonsini Goodrich & Rosati are happy to announce the Series AA Equity Financing Documents. The Y Combinator documents are back up again–grab them while you can. At first glance, it looks like they added a term sheet...


The Startup Lawyer on Vator.tv

Posted on August 21, 2008
I got a pleasant surprise in my email inbox yesterday. Bambi Francisco (formerly of Dow Jones MarketWatch and currently founder of Vator.tv) suggested I become a contributor at Vator.tv’s recently-added Newsroom. Other Vator News contributors include Jeremy Liew, Fred Wilson, Don Dodge, Seth Godin, and Mark Cuban...


Soliciting Investors: One Thing Twitter Should Never Be Used For

Posted on August 20, 2008
I saw this TechCrunch article in my RSS reader and thought I would pass it on to you: Social Median Disregards 60 Years of Securities Regulations With Sale of Stock on Twitter I’m a new user of Twitter and I believe it can be used for a lot of things...


When To Fire a Startup Company?s Founder-CEO

Posted on August 20, 2008
When should a founder be replaced as CEO of a venture-backed company? The topic is obviously a touchy one for a startup founder that brought early success to a company. But while a founder might have been successful leading the startup to a funding event, can the founder also lead the [...


Enthusiasm is Not a Substitute for Caution

Posted on August 20, 2008
This morning was my son’s first day of school and he was extremely excited to get going. In fact, he would have ran across the street to his school without looking if I hadn’t stopped him. His elation overtook his ability to evaluate peril...


Still a Glitch with the Y Combinator Angel Funding Legal Documents

Posted on August 19, 2008
I mentioned last week that Y Combinator was open sourcing their angel funding legal documents. I also noted that soon after the documents were made public, people (myself included) received this error message visiting the documents’ URL: Sorry, there’s a glitch with the documents and we had to take them down...


The Entrepreneur Also Rises

Posted on August 18, 2008
I had some free time this weekend and watched “Empire of the Sun” starring Christian Bale and John Malkovich. The movie came out in 1987, but I saw it for the first time Saturday. The premise of Empire of the Sun is that an aristocratic British child is separated from his family (living [...


The Far East Just Got Closer for Foreign Venture Capital and Private Equity Funds

Posted on August 15, 2008
Private Equity HUB is reporting that Shanghai will allow foreign venture capital and private equity funds to register legally as local equities investment firms: Foreign investors with a focus on Chinese equities can set up a Shanghai-registered entity with initial capital of 100 million yuan ($14...


Y Combinator Open Sources Funding Documents?Venture Lawyers Leave Office Early

Posted on August 13, 2008
Well I guess that’s it folks. I had a fun ride. Y Combinator has “open sourced” legal documents they provide to their startups seeking funding. The documents were created by Wilson Sonsini Goodrich & Rosati, Y Combinator’s law firm...


How to Rick Roll a Venture Capital Firm

Posted on August 08, 2008
How to rick roll a venture capital firm with your startup company's pitch


Shouldn?t the Standardization of Venture Capital Documents Lead to Reduced Legal Fees?

Posted on August 07, 2008
As an industry, venture capital is relatively young. Yet it has been around long enough–through busts and booms–that it will not simply go away as some might have you think. Venture capital is a legitimate industry which is now being enhanced through standards and patterns...


Keep the Bridge Burning to a Minimum

Posted on August 07, 2008
A few months ago, I was on a conference call with opposing counsel to negotiate a client’s deal. Things got a little heated (the only time I’ve ever experienced a hostile communication with another attorney) and eventually I got hung up on...


(Apparently) The Startup Lawyer is worth $2,340,000

Posted on August 07, 2008
I thought I’d take Younoodle’s Startup Predictor for a test drive and therefore I had it value this blog. Younoodle is an online entrepreneur community and its “Startup Predictor” estimates what a startup company’s value will be in 3 years...


Dallas Startup Happy Hour

Posted on August 06, 2008
I attended the Dallas Startup Happy Hour (sponsored by SpringStage) last night. This was the second time I attended but this one was especially great because I got to bring along one of my clients who is working full-time on his startup. He got a much-needed break from coding and was able to [...


Venture Fund Economics Series

Posted on August 06, 2008
I thought you should know that Fred Wilson is currently posting a fantastic series about Venture Fund Economics on his wildly-popular venture capital blog, “A VC.” So far, Fred has written about venture fund gross and net returns and how venture funds may have one deal that pays off so well that it returns the entire [...


What is a Pre-money and Post-money Valuation?

Posted on July 31, 2008
Definitions and examples of pre-money and post-money valuations used in venture capital.


Google Planning to Launch Venture Capital Fund

Posted on July 31, 2008
Google is rumored to be planning the launch of its own internal venture capital fund to potentially coincide with Andriod.


Cancel all ?Entrepreneur of the Year? Awards

Posted on July 29, 2008
Ernst & Young alleges Entrepreneur Media is infringing upon EY's "Entrepreneur of the Year" trademark


You Can?t Polish a Sneaker

Posted on July 23, 2008
Why your startup may have the right employee incentive plan but the wrong employee


5 Signs Your Startup Jumped The Shark

Posted on July 20, 2008
How to know whether your startup company has reached the beginning of the end


A Primer on LLCs

Posted on July 20, 2008
Should you start a business as a limited liability company (LLC)?


Reverse Breakup Fees: More Trendy than the 3G iPhone

Posted on July 18, 2008
Why reverse breakup fees and other seller-friendly provisions are becoming more popular in private equity LBO deals


Why the Corporation is King for Getting Venture Capital

Posted on July 17, 2008
Why Your Startup Company Will Need to be a C Corporation to Raise Venture Capital


What is a Private Placement?

Posted on July 15, 2008
A private placement is method of selling securities without registering with the SEC


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