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How to Work with Lawyers at a Startup

Both Sides of the Table

If you don’t follow the image reference above or the tag line, “ You don’t need double talk; you need Bob Loblaw “ (try saying it out loud) , and if you care! You never got around to agreeing exact equity splits but you had many conversations about it. the link is here.

Startup 318
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What Are We Talking About When We Talk Valuation?

Tech Zulu Event

For example, there are the private company valuation figures that get bandied about: think the numbers people reference for Uber and AirBnB for example. The industry’s competitive dynamics. Do you see the overlap with the factors that come into play for equity valuations? Recent equity sales i.e., comparables.

IP 40
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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Thus, you must first create the playbook by which an independent sales rep can readily sell your product, including: identifying objections and developing strategies to overcome them, creating reference accounts and establishing meaningful customer adoption. 2) Secure Your Intellectual Property Too Early. 3) Attempt To License An Idea.

Startup 242
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Roping in the Legal Eagles

InfoChachkie

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.