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startup
Delaware is Suffering: Will Incorporation Fees Increase?
I’ve blogged before about the benefits of incorporating in Delaware. Thus, I was somewhat shocked to see the Deal Journal blog about how Delaware is becoming another victim of the credit crunch. I never thought about how much revenue Delaware receives from its Division of Corporations, but...
Skip the LLC
“My startup will start out as an LLC and then change to a corporation when/if…” This quote, or similar derivation, is a common fact pattern I hear from new clients or general inquiries. I think most entrepreneurs are attracted to the LLC because they hear it is...
Going All In
Many entrepreneurs struggle with the decision to work full time in their startupI see a lot of entrepreneurs struggle with the decision to go all in and make their startup a full-time job (i.e. quitting your “Office Space” job). I had a similar decision when I decided to go out on my...
Stay Ready in 2009
How startups can stay ready for 2009A wise man from Pomona once said “If you stay ready, you ain’t got to get ready.” That’s the approach we should all take in 2009. Sure, venture-backed IPOs are rarer than brush-tailed rock-wallabies and capital is tighter than a 19th...