I am not a lawyer, but the former seems to give you more flexibility and less paperwork.
This is really a question for you NC tax preparer + NC attorney. There may be NC tax implications. Likely no legal implications. Only your local professionals will likely be up to complete speed about all this. Also I'd suggest you stick with H&R Block for your taxes, as they have an intense ...
It depends highly on the company's stage - number of employees, money raised, revenue, etc. I'd recommend you look at comparable companies by stage on www.angel.co and see what others are being offered from an equity + cash comp standpoint for Head of Marketing / CMO type roles.
Does your business provider add value beyond money to counter balance? Normally, you would share profits according to your ownership stake. If you aren't happy with the current ownership split, maybe you could buy some of his shares.
There are several ways to leverage an existing email list to get more email addresses and/or customers. First, I'd make sure that your emails to these folks are optimized for sharing. Include a call-to-action at the bottom to share the content/product/offer with their friends by posting to socia...
I haven't really come across one in all my years of web development, design and consulting. At some point I worked with a small startup (failed) whose platform was similar in aesthetics to that of craigslist (not used the same way though) and even then I don't think we thought of looking for a ...
First off, stop calling it an idea. (might be just that, but in licencing efforts you don't want to call it that). Second, what do you mean time is of the essence? This already started sounding risky. With that said, I believe you have two options, assuming that you can spend the next quarter...
Hi! Partner disagreements happen all the time. The good news is, most of the time, they are disagreements that get resolved for the better. I'm a business performance expert, a CPA, a CGMA and highly experienced at leadership and managing companies. Allow me to suggest some options for you. ...
The better question may be why can't you find startup co-founders? I can see two main reasons why this might be the case. First, no one else sees the same opportunity. If this is the case, you may be on to unique value that no one understands, but that could also include the potential market. If ...
There's a lot of options, but a form that's getting popularity recently is the SAFE (similar to a convertible note) which was popularized by its use in Y-Combinator deals. It allows you to set a valuation cap on the round for those early investors and set a discount for their early participation...