Corporations

Last week, I wrote about mistakes that Startups make when raising capital. Now, I want to shift the focus to what Startups should do, not what they should avoid. These tips differ from most of the advice that I give in that they aren’t strictly legal advice. But 25 years of being around Startups has taught me a thing or two. Raise Money Before You Need It This may seem wrong at first blush. Raising Money takes a lot of energy and effort, and when you have Money, you tend to

In advising start-up companies, the question of where to incorporate arises from time to time. Here are a few things to consider when making that decision: Note: When I say incorporate, I mean form a corporation or an LLC. Some lawyers would say that forming an LLC is not technically incorporating, but I'll leave that metaphysical distinction on the side, as it is immaterial to this (and maybe every other) discussion. Where you are located? This is the choice that will be th