Startup Company Lawyer

RSS Feed

This blawg answers questions relating to start-up companies and venture financings.

Author: Yoichiro ("Yokum") Taku is a corporate and securities partner at Wilson Sonsini Goodrich & Rosati.

Blawg Related Categories: Corporate Law • Securities Law • Partner

Recent Posts from Startup Company Lawyer

What’s on this site?
Below is a comprehensive list of posts. CONVERTIBLE NOTE BRIDGE FINANCINGS 1. Should a startup company raise its seed round using a convertible note or Series A Preferred Stock? 2. What does a convertible note…
What is the California Finance Lenders Law?
Under the California Finance Lenders Law (the “CFLL”), a person engaged “in the business of a finance lender or broker” within California generally must obtain a license from the California Department of Corporations. The law…
What are directors’ duties and what can they do to protect themselves in a sale of company?
[The following post is courtesy of Priya Cherian Huskins, Esq., a partner and senior vice president at Woodruff-Sawyer & Co., an insurance brokerage headquartered in San Francisco, California. Priya specializes in director and officer liability…
What is important in a confidentiality agreement or non-disclosure agreement (NDA)?
There are various factors to consider when reviewing or drafting a confidentiality or non-disclosure agreement (NDA). Obviously, your perspective on the agreement depends on whether you are primarily disclosing or receiving confidential information. The following…
What trademark and other legal issues are involved in selecting a company name?
[The following post is courtesy of John Slafsky and Aaron Hendelman in WSGR's Trademarks and Advertising Practices Group.] Among the most important tasks in the founding of a new company are the development and clearance of…
What’s the difference between an ISO and an NSO?
[The following is not intended to be comprehensive answer. Please consult your own tax advisors and don't expect me to answer specific questions in the comments.] Incentive stock options (”ISOs”) can only be granted to…
What is qualified small business stock?
Under Internal Revenue Code Section 1202 , a taxpayer (other than a corporation) that recognizes gain from the sale or exchange of “qualified small business stock” held for more than five years may exclude 50% of…
What is an 83(b) election?
Failing to make a timely 83(b) election with the IRS is something that could lead to disastrous tax consequences for a startup company founder or employee. Founders typically purchase stock pursuant to restricted stock purchase…
What inspection and information rights does a stockholder have?
Most states allow stockholders to demand access to a corporation’s books and records, and a stockholder list, as long as the stockholder has a proper purpose and meets certain procedural requirements. Delaware General Corporation Law…
How do you calculate Delaware franchise taxes?
A corporation’s Delaware Annual Franchise Tax Report is prepared by Delaware calculating the corporation’s annual tax obligation using the “authorized shares” method, reflecting a very large annual franchise tax obligation for most corporations. However, use…