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…


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…


To 83(b) or Not to 83(b) (Part 2 of 2)

The tax implications of failing to file an 83(b) election when receiving restricted equity can sting.   Let's further examine the impact of…


To 83(b) or Not to 83(b) (Part 1 of 2)

Failing to file an 83(b) election can be as painful as being stung by 83 bees. Equity Compensation Founders and early employees of a company often…


Splitting the Pie

Photo Credit: DigiDi An early decision that can often trip up founders is how to divide the initial equity issued by the startup.  While there…