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How do I design a dynamic equity split agreement with my Co-Founders?

Chris Barsness, startup, finance, law, and tech nerdEach person in a founding team brings some value which normally the company needs to succeed and without one spoke in the wheel, it may fail.  Realize that early on the person with the cash may …

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How do you negotiate a better price with a lawyer without sounding cheap or unprofessional?

Chris Barsness, startup, finance, law, and tech nerdIf you know what you need, tell them exactly what you need and if they are experienced in that, they can usually give you a flat fixed fee.  If you don't know what you need, ask them what t…

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Attorneys interested in structuring Reg A or Jobs Act investments for tech startups on Quora?

Chris Barsness, startup, finance, law, and tech nerdNot quite sure based upon your question what you are looking for to be done, but the JOBS Act has yet to be implemented.  Until we know the rules set by the SEC in the next several months, it is…

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Do you have to wait till incorporation is approved by state (California) before accepting money?

Chris Barsness, startup, finance, law, and tech nerdThe California secretary of state will date the articles when they are received in its office, so even if you get them back 6 weeks later, the incorporation date and existence of the corporation will…

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What is the best way to evaluate the value of stock options for a pre-IPO company?

Chris Barsness, startup, finance, law, and tech nerd Most importantly, you need to understand your own tax consequences when looking into forms of compensation instead of straight cash/salary and what type of options, e.g. ISO.  However, if you ar…

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What kind of regulations need to be in place to protect founders from being sued if their crowdfunded startup fails?

Chris Barsness, startup, finance, law, and tech nerdI would just add that if you are talking about regulations by the government, the law makes it clear the government wants founders to worry about being liable, so they aren't going to do anythin…

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