September 2011
1 post
1st Legal Things To Do In A Startup
VIA: Startup Lawyer
Here’s what I’d do in the beginning:
Incorporation
(1) Entity Choice: Corporation or Corporation (2) State of Incorporation: Delaware (3) Authorized Shares in Charter: 10,000,000 Shares (4) Type of Shares: Common Stock (5) Par Value of Common: $0.0001 (6) Initial Founders Issuance: 8,000,000 Shares (7) Founders Equity Split: Depends on the Team, But Quickly and After the...