NOT TAX OR LEGAL ADVICE – ALWAYS CONSULT PROFESSIONAL ADVISORS
Executive Summary
- Not a Substitute for Cash. Unless you are rich, stock options should only supplement and not replace cash compensation. Most stock options turn to dust, so be sure
Startup GC Business Law Insights
Startup GC Business Law Insights, published by Business Law Seminar Group, LLC, focuses on legal issues relevant to entrepreneurs, startup founders, investors, and business attorneys. The blog covers topics such as corporate governance, liability risks for officers and directors, startup board roles, securities law compliance, patent and intellectual property strategies, and best practices for entity formation and management. It addresses practical concerns like avoiding personal liability, managing startup boards, launching patent programs, and navigating fundraising and incorporation choices. The content is tailored to the challenges faced by early-stage companies and their advisors, emphasizing legal frameworks and risk management in the startup ecosystem.
Latest from Startup GC Business Law Insights - Page 2
Arbitration – The Pool Noodle of Justice
By Paul Swegle
As a tool of commercial justice, arbitration substitutes for litigation about as well as tofu substitutes for a good steak.
Having been involved in hundreds of disputes, I can say with confidence the only times you should hope a…
Nine Tips for Avoiding Non-Disclosure Agreement (NDA) Disasters
By Paul Swegle
Few things are more dangerous in business than amateurs handling non-disclosure agreements.
NDAs are intended to allow two parties to safely share highly sensitive information in order to engage in discussions regarding a potential transaction or commercial relationship – often…
Tips for Success as a Summer or First Year Associate
By Paul Swegle
Few things are more intimidating than the transition from law school to law firm. But a little insider knowledge can make things smoother and less stressful.
Paul Swegle recently led a discussion on “How to Succeed as a First Year…
Comments of Paul Swegle on SEC Proposed SPAC Rules
By Paul Swegle
April 9, 2022
The Honorable Gary Gensler, Chairman
U.S. Securities and Exchange Commission
100 F. Street NE
Washington, DC 20549-1090.
RE: Comments on Proposed Rules regarding “Special Purpose Acquisition Companies, Shell Companies, and Projections,” Release Nos. 33-11048; 34-94546; IC-34549; File…
Selecting and Managing Startup Counsel
By Paul Swegle
Most entrepreneurs and startups have limited financial resources and wisely allocate most of what they have to product design and development. Without a product or service, there is nothing to sell, and no business model.
But when startups allocate insufficient…
Won't SPAC Down
By Paul Swegle
The Role of SPACs in Entrepreneurship and Innovation
Wow – how quickly we went from “Rise of the SPACs!” to “SPACs on their Backs!”
In 2021, there were 613 SPAC IPOs. In 2022, we might see 100.
In 2020, there…
SPAC to the Future
By Paul Swegle
The Role of SPACs in Entrepreneurship and Innovation
Wow – how quickly we went from “Rise of the SPACs!” to “SPACs on their Backs!”
In 2021, there were 613 SPAC IPOs. In 2022, we might see 100.
In 2020, there…
Advanced Patent Strategies for Startups
By Paul Swegle
Provisional, Omnibus, and Continuation
Patent ApplicationsThis post highlights patent strategies that support these objectives:
- cheaply and timely protecting inventions,
- buying time during the patenting process to slow cash burn, raise funds, assess commercial viability, adapt to competitive developments, and optimize
…
Part-Time GCs & Startups
By Paul Swegle
In this post I share trade secrets and insights on a novel career track and legal service model – working for multiple companies as in-house, part-time General Counsel.
A Win-Win Model
This legal service model is relevant to attorneys considering…