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Avoiding Key Legal Mistakes for Your Startup Rob Hyndman Sprout Up, February 2010

2010 Sprout Up Presentation

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My presentation "Avoiding Key Legal Mistakes for Your Startup" to the February 2010 SproutUp.Useful links:- pick the right co-founder(s):http://www.bothsidesofthetable.com/entrepreneur-dna/http://venturehacks.com/articles/pick-cofounder- pick the right # of co-founders - http://venturehacks.com/articles/pick-cofounder - http://onstartups.com/tabid/3339/bid/1242/What-s-The-Optimal-Number-Of-Co-Founders-For-A-Startup-2-09.aspx

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Page 1: 2010 Sprout Up Presentation

Avoiding Key Legal Mistakes!for Your Startup

Rob Hyndman Sprout Up, February 2010

Page 2: 2010 Sprout Up Presentation

hyndmanlaw.com

Page 3: 2010 Sprout Up Presentation

robhyndman.com

Page 4: 2010 Sprout Up Presentation

@rhh

Page 5: 2010 Sprout Up Presentation

meshconference.com

Page 6: 2010 Sprout Up Presentation

Agenda

• Pick co-founders very carefully

• Structure co-founder arrangements properly

• Be careful with equity

• Have proper employment and IP ownership documents

•  Incorporate

• Raise awareness before money

• Don’t be a jerk

Page 7: 2010 Sprout Up Presentation

Before you start

Page 8: 2010 Sprout Up Presentation

Pick co-founders!*very* carefully

Page 9: 2010 Sprout Up Presentation

Structure co-founder!arrangements properly

Page 10: 2010 Sprout Up Presentation

Be careful with your equity

Page 11: 2010 Sprout Up Presentation

Have proper employment and!IP ownership documents

Page 12: 2010 Sprout Up Presentation

Incorporate

Page 13: 2010 Sprout Up Presentation

Raise awareness!before money

Page 14: 2010 Sprout Up Presentation

Don’t be!a jerk

Page 15: 2010 Sprout Up Presentation

Agenda

• Pick co-founders very carefully

• Structure co-founder arrangements properly

• Be careful with equity

• Have proper employment and IP ownership documents

•  Incorporate

• Raise awareness before money

• Don’t be a jerk

Page 16: 2010 Sprout Up Presentation

Avoiding Key Legal Mistakes!for Your Startup

Rob Hyndman Sprout Up, February 2010