Selecting the right legal structure is one of the most important initial decisions made by a founder.View Articles »
Understanding the ins and outs of capital raising is crucial to a startup’s success.View Articles »
Many legal issues come into play as a company expands.View Articles »
Protecting IP is one of the most vital concerns for any startup.View Articles »
Many founders aim for a successful exit, either through a sale or IPO.View Articles »
Don’t Miss an Episode of Our New Video Series, Cracking the CCPA Code
AI Patent Policy
Understanding Blockchain – What is Cryptography?
Challenges of a Mobile Workforce
First ICO Qualified by the SEC Under Regulation A+
On July 10, 2019, Blockstack Token LLC, a wholly-owned subsidiary of Blockstack PBC, a Delaware public benefit corporation, became the first company to have its Regulation A+ token offering qualified by the U.S. Securities and Exchange Commission. Click here to read more about the key takeaways.
New Development: CFIUS’s Jurisdiction Has Expanded to Cover Non-Controlling Investments in Certain Industries
On August 13, 2018, the Foreign Investment Risk Review Modernization Act of 2018 (or FIRRMA for short) was signed into law, ushering in an unprecedented expansion in the jurisdiction of the Committee on Foreign Investment in the United States (or more commonly known as CFIUS). Please click here to learn more about the expansion and how it impacts investments.
Where Disruption Meets Regulation
Are Employee Non-Solicitation Clauses Still Legal In California?
Why Board Resolutions Mustn’t Be Forgotten
Negotiating a Series A Term Sheet
Navigating your first preferred stock term sheet can be daunting considering the numerous provisions associated with negotiating with institutional investors. Finalizing a term sheet quickly and effectively involves understanding a few steps and lessons to streamline the process like understanding which terms are most important and why, determining market ranges for the terms, concentrating efforts on improving the terms and not assuming a non-binding term does not matter.
New California IoT Law Requires Security for Connected Devices
As of January 1, 2020, “reasonable security feature[s]” must be included in all “connected devices” sold or offered for sale in California, specifically those devices capable of connecting directly or indirectly to the internet and that have an IP or Bluetooth address.
Director Duties and Augmenting the Corporate Brain
Artificial intelligence and machine learning (for ease of readability, this article uses “AI” to refer to the broad category of machine learning and artificial intelligence) are poised to impact all aspects of society and business. However, the effects that those same technologies may have on the decision-making process and operations of corporate boards of directors have not yet come under the mainstream spotlight. AI is poised to have equally impactful effects on boards’ decision making processes and operations.
Introducing the Public Benefit LLC
Four years after Delaware first enacted its Public Benefit Corporation (PBC) statute, the state has taken another step forward in advancing legal entity forms for social enterprises. Learn more about the newest Delaware legal entity: the Public Benefit Limited Liability Company, or PBLLC.
Massachusetts’ New Restrictions on Employee Noncompetition Agreements
Seeking a U.S. Exit? Get on the Right Track!
With tech M&A activity continuing to increase, more UK-based startups are exploring the possibility of a US exit. This chart details the differences sellers may encounter when seeking a US exit.
Delaware Considers New Statutory Public Benefit Limited Liability Company
In April 2018, the Delaware State Bar Association’s Corporate Law Section approved an amendment to the Delaware Limited Liability Company Act that allows for the formation of public benefit limited liability companies (PBLLCs). The proposed new PBLLC statute – Subchapter XII of Chapter 18, Title 6 of the Delaware Code (PDF) – closely tracks the Delaware public benefit corporation (PBC) statute, so its material features will be familiar to most social entrepreneurs and impact investors.