963
Working with startup companies and those who build them can be exciting.
The toughest thing for a founder of a high-growth startup is raising capital, so remove as many obstacles as possible. An entrepreneur should ask, how can I structure this company to make it easier to attract investors? And questions for investors should include, what are some things that I need to see to get comfortable?
Here are three answers: 1) Set the company up as a corporation (not an LLC). 2) Make sure founders’ shares are subject to vesting. 3) Make sure IP ownership is in order!
– Jesse Jones, Forrest Firm, P.C.