Legal Services for Startups

Nicole MossCampbell & Riggs, P.C.

April 8, 2014

Introduction

Challenges of Working with Startups

• Confusion• Self-Lawyering• Mystery of Legal System

Corporate Formation: Process

• Clear Process• Communication• Strong Team

Process - Formations

• Term Sheet• Solve Issues Early

Corporate Formation: Process

• Dividing Equity• Protecting Equity

Strong Legal Teams Can Help

• Beyond Service• Education• Network• Feedback

Internal Team

• Allocating Resources• Communication• Efficiency

Process – Equity Funding

• Friends & Family• Angel• Venture

Process – Debt Funding

• Credit Cards• Bank Loans• Private Loans

Process – Employment-Related

• Employee, Contractor Agreements• Confidentiality• Comp Plan

Process – Regulatory Filings

• Sales Tax• Restaurants• Licensing

Process - Contracts

• Confidentiality• License• Purchaser• Privacy

Q & A

Nicole MossCampbell & Riggs, P.C.

nmoss@campbellriggs.com