Legal Concepts for Founders

Legal Concepts for Founders

Author: Darby Wong

Publisher: Clerky

Published:

Total Pages: 86

ISBN-13:

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A note on our intended audience: Clerky handbooks are not appropriate for everyone! They are generally written for US-based founders of early-stage startups — i.e. companies optimized for growth. If you run a company that isn't a startup, or if you're a startup founder located outside the US, this content may not be applicable to you. Edited by 21 leading startup attorneys, with over 425 years of combined experience. Concise legal basics that startup founders can trust. Brought to you by the startup attorneys who run Clerky. This handbook was written by Clerky co-founders Darby Wong and Chris Field to provide startup founders with a solid foundation of legal knowledge. As attorneys running the premier online legal service for startups, Chris and Darby developed unique insight into what causes the most confusion for startup founders. They wanted to share their expertise with a free resource that would equip startup founders with a solid foundation of legal knowledge. The topics covered in this handbook are most relevant to founders of early-stage startups — companies optimized for growth. If that’s you, then Legal Concepts for Founders can help you move forward with confidence. You’ll learn everything you need to know about: Core Concepts — including corporations, registered agents, incorporators, boards of directors, officers, stock, and contracts Formation — including equity allocation, vesting, 83(b) elections, capital contributions, and stock plans, plus a step-by-step breakdown of the formation process Fundraising — including fully-diluted capitalization, convertible notes, safes, and preferred stock, plus example scenarios Hiring — including employees and consultants, equity compensation, 409A valuations, and vesting acceleration This handbook also includes detailed examples and calculations, links to supplementary information, notes on terminology, and a glossary with definitions of key terms. You can also check out Startup Incorporation for Founders for a handbook entirely devoted to startup incorporation.


Startup Law and Fundraising for Entrepreneurs and Startup Advisors

Startup Law and Fundraising for Entrepreneurs and Startup Advisors

Author: Paul Swegle

Publisher:

Published: 2020-07-22

Total Pages:

ISBN-13: 9780578236704

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Entrepreneurship can be chaotic. Some chaos drives innovation. But legal chaos rocks many startups to their foundations, dashing dreams, jeopardizing jobs and investments, creating liabilities, and slowing innovation. Paul Swegle wrote Startup Law and Fundraising for Entrepreneurs and Startup Advisors to help startups avoid these pitfalls, including the pitfall of struggling to grow a poorly funded business. This is a practical book meant to help entrepreneurs and their advisors:-build on a solid foundation, -avoid costly legal and regulatory mistakes, and -raise the money needed for stability, innovation, and operational success. Startup Law and Fundraising is for everyone interested in business, business law, and startup fundraising. Its 550 pages cover an unmatched range of startup-focused concepts, tips, traps, strategies, and best practices. Fifty-one colorful startup case studies keep things interesting.Legal, governance and regulatory hurdles are covered in the book's first ten chapters. But surviving those hurdles is no guarantee of success. Many startups simply run out of money. Others are bedeviled by ill-advised early funding rounds. Startup Law and Fundraising devotes five chapters to creating and executing a fundraising plan around the principles of just-in-time finance and raising money from the right investors, in the right amounts, and on the right terms, whether from friends and family, angel investors, angel investing groups, seed funds, VCs, strategic investors, accelerators, or crowdfunding platforms.The final chapters fittingly cover the final chapters of startup life - optimizing an "exit" with a successful IPO or sale, or, as happens about 80% of the time, managing through insolvency and winding up.Startup Law and Fundraising provides the foundation for an entrepreneurial law and finance class at any level, including law school, MBA, undergraduate business, community college, or startup incubator.


Acceleration

Acceleration

Author: Ryan Roberts

Publisher:

Published: 2019

Total Pages: 330

ISBN-13: 9781544513935

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When you're launching a startup, one of the most important elements is the legal work involved. Unfortunately, it's easy for many entrepreneurs to ignore startup legal work or make costly mistakes that could derail their business before it gets off the ground. But now there's help. In Acceleration, corporate attorney Ryan Roberts guides you thro.


AI For Lawyers

AI For Lawyers

Author: Noah Waisberg

Publisher: John Wiley & Sons

Published: 2021-02-03

Total Pages: 48

ISBN-13: 1119723841

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Discover how artificial intelligence can improve how your organization practices law with this compelling resource from the creators of one of the world’s leading legal AI platforms. AI for Lawyers: How Artificial Intelligence is Adding Value, Amplifying Expertise, and Transforming Careers explains how artificial intelligence can be used to revolutionize your organization’s operations. Noah Waisberg and Dr. Alexander Hudek, a lawyer and a computer science Ph.D. who lead prominent legal AI business Kira Systems, have written an approachable and insightful book that will help you transform how your firm functions. AI for Lawyers explains how artificial intelligence can help your law firm: Win more business and find more clients Better meet and exceed client expectations Find hidden efficiencies Better manage and eliminate risk Increase associate and partner engagement Whether focusing on small or big law, AI for Lawyers is perfect for any lawyer who either feels uneasy about how AI might change law or is looking to capitalize on the evolving practice. With contributions from experts in the fields of e-Discovery, legal research, expert systems, and litigation analytics, it also belongs on the bookshelf of anyone who’s interested in the intersection of law and technology.


Sneaker Law

Sneaker Law

Author: Kenneth Anand

Publisher:

Published: 2020-09-10

Total Pages:

ISBN-13: 9781735782003

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SNEAKER LAW is the first textbook that will teach you "all you need to know about the sneaker business."


The Founder's Dilemmas

The Founder's Dilemmas

Author: Noam Wasserman

Publisher: Princeton University Press

Published: 2013-04

Total Pages: 490

ISBN-13: 0691158304

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The Founder's Dilemmas examines how early decisions by entrepreneurs can make or break a startup and its team. Drawing on a decade of research, including quantitative data on almost ten thousand founders as well as inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, Noam Wasserman reveals the common pitfalls founders face and how to avoid them.


The Founders' Second Amendment

The Founders' Second Amendment

Author: Stephen P. Halbrook

Publisher: Rowman & Littlefield

Published: 2019-01-15

Total Pages: 449

ISBN-13: 1538129671

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Stephen P. Halbrook's The Founders' Second Amendment is the first book-length account of the origins of the Second Amendment, based on the Founders' own statements as found in newspapers, correspondence, debates, and resolutions. Mr. Halbrook investigates the period from 1768 to 1826, from the last years of British rule and the American Revolution through to the adoption of the Constitution and the Bill of Rights, and the passing of the Founders' generation. His book offers the most comprehensive analysis of the arguments behind the drafting and adoption of the Second Amendment, and the intentions of the men who created it.


Why Startups Fail

Why Startups Fail

Author: Tom Eisenmann

Publisher: Currency

Published: 2021-03-30

Total Pages: 370

ISBN-13: 0593137027

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If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.