“You filed your Section 83(b) election, right?” Silence. “Right?” I gave a presentation a few years ago on how to fix a missed tax code Section 83(b) election. My phone started ringing the moment I returned to my office. Turns
Equity awards and stock options, in particular, are linchpins among the recruiting tools relied on by venture-backed companies. Accordingly, companies interested in prioritizing transparency should make efforts to ensure that their employees understand the factors affecting the prospective value of
How do you think about the function of legal? The answer to that question can depend on who you ask. A sales leader might tell you that legal is a checkpoint to lob a deal over the fence and get
This article was originally published on TechCrunch as part of an ongoing series from industry experts, covering hot topics that founders are wrestling with every day as they build their companies. — With Y Combinatorʼs Demo Day taking place at Pier
The proliferation of SAFEs and Convertible Notes (collectively, “Convertible Securities”) the past few years has given rise to a new problem when raising your Series A financing – “party rounds” with a lot of stakeholders who prove difficult to manage.
A typical startup company authorizes one class of Common Stock with simple rights. An example of such rights is that each share of Common Stock is entitled to one vote on all matters subject to stockholder approval. However, as valuations