Monthly Archives: December 2013

Google Lawyering — doing your own legal or accounting work — Does it pay in the long run?


Someone had asked me what I meant by Google lawyering when I described the CEO of Chicago technical startup who informed me that his outside counsel had drafted his Private Placement Memorandum (“PPM”).  When I inquired about his legal bills, … Continue reading

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Creating a corporation, the minimal requirements, and the process


Now that I am founding a company, what are the minimal documents I need to establish a corporation?  My answer on that question is, my typical response, it depends. Now let us start why appropriate paperwork for that company is … Continue reading

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Rewarding Employees with Incentive Stock Programs (ISOs), specifically addressing the 83(b) Election


While watching a Public Channel documentary detailing the very beginnings of Silicon Valley, circa 1960’s, the most interesting information I gained described the short history of why Robert Noyce et al. left Fairchild Semiconductors – The Noyce team had no … Continue reading

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Hiring the right people rather than focusing on the firing


In a recent NY Times article, (www.nytimes.www.nytimes.com,“At Startups, Pink Slips Come Early and Often”, December 13th, 2013, p. B6, the author describes various instances that come into play where certain team members just don’t cut it.  Yet, it seems that … Continue reading

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Pencils, Innovation, Survival and Strategy


“You have to continuously shift,” said Count Anton [Wolfgang von Faber-Castell],                        … “If you lean back and say, ‘With my products I can be happy,’ then it’s the first … Continue reading

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Venture Capital Firms and Angel Groups – What are the Differences?


It seems that novice entrepreneurs believe that a Venture Capital firm and an Angel investment group are the same. There is stark difference between them.  Yet I consistently encounter entrepreneurs who treat those two groups as if they are the … Continue reading

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