Startup Legal Lessons from the Biography of Steve Jobs (Part 2)

Walter Isaacson's bestselling biography of Steve Jobs touches upon numerous legal issues common to startups. With the movie "Jobs" opening in…


Startup Legal Lessons from the Biography of Steve Jobs (Part 1)

Walter Isaacson's bestselling biography of Steve Jobs touches upon numerous legal issues common to startups. With the movie "Jobs" opening in…


A Primer on Vesting

A "vesting schedule" does not refer to the days of the week when you must wear this. Fred Wilson recently wrote about the natural turnover on startup…


Conversion From an LLC to a C Corp: Don’t Fear the Paperwork!

Converting to a Delaware C Corp might not involve as much paperwork as you think. Converting from a Michigan LLC to a Delaware C Corp is a common…


Avoiding a Heart Attack with Delaware Franchise Tax

Relax - There are two ways to calculate your Delaware Franchise Taxes.  Image from Wikipedia Commons. There are two ways to calculate your Delaware…


Entity Formation (Part 3 of 3): Converting from a Michigan LLC to a Delaware C-Corporation

Startups seeking outside investors will often need to convert form an LLC to a Delaware C-corp. Many start-ups decide to set up their company as an…


Entity Formation (Part 2 of 3): Selecting the Form of Entity

You have decided to establish an entity, but now you must decide which one is best for your company.  For most technology startups, the three…


Entity Formation Part 1 of 3: When Should You Form an Entity for Your Business?

  When is the right time to establish an entity? A common question for entrepreneurs launching a venture is when to form a legal entity such as…