Anil Advani from Inventus Law talks about how to setup the correct Legal Structure right from DAY-1 foryour Startup.
Anil Advani from Inventus Law talks about how to setup the correct Legal Structure right from DAY-1 foryour Startup. This video covers the following points: -Where to incorporate: Delaware versus California -Form of incorporation: S Corp, LLC, C Corp? -Putting together the company’s initial cap table -Electing the company’ board of directors and officers -Structuring the founder stock, vesting and acceleration; “single trigger”, “double trigger” acceleration -Closing seed financing -Setting up the option plan -Working with advisors, consultants, board advisors, and co-founders -Protecting the company’s IP -The do’s and dont’s of legal issues in order to prepare the founders for the time when the venture raises venture financing and “outsiders” become shareholders and join the board. This event was organised by LetsVenture @Microsoft Accelerator for Startups on 20th of Feb 2014.