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If you are a non-public company granting stock options or other compensatory equity awards, you need to be familiar with Rule 701 Math and in particular its mathematical limitations. Fortunately, they are pretty simple. Unfortunately, many entrepreneurs overlook them with sometimes disastrous consequences. To save you some time, we wrote
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My colleague Susan Schalla and I put together the below video chat on IP assignments and confidentiality agreements for Founders Live. If you haven't checked out Founders Live, check it out at https://founderslive.mn.co/. Carney Badley Spellman is about Advocacy, Strategy, Results. Located in Seattle, we
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If you are interested in how the SEC is thinking about crypto tokens as securities, we recommend you watch William Hinman's recent speech and read its transcript. We've included an embed and a link to the speech below. We think perhaps the most important and interesting
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Taxation of Stock Options As of now, the Senate has abandoned the idea of taxing stock options as they vest. This is the modification to the mark, released late yesterday. https://www.finance.senate.gov/imo/media/doc/11.14.17%20Chairman's%20Modified%20Mark.pdfhttps://www.finance.senate.
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Stock option taxation is a sensitive issue in startup land. Fred Wilson recently sounded the alarm about the Senate's proposal to tax stock options as they vest. TechCrunch has also written about this. Right now, what we have to work with is the DESCRIPTION OF THE CHAIRMAN’S
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In this video, we talk about founder tax issues, primarily: 1. The 83(b) election -- when it applies; when it doesn't; when it is due; etc. 2. Qualified Small Business Stock considerations in choosing what type of business entity to form. We hope you enjoy the video.
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Guest Post By Dan Wright Federal Research Tax Credits Is your business involved in creating intellectual property or process and product improvement? If so, you or your business may qualify for federal research tax credits. Common Misconceptions First, let’s clear up some myths about what business activity qualifies for
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By Evan Jensen and Joe Wallin and Jordan Rood If you are considering token sales and selling blockchain tokens in the U.S., you not only have to worry about the U.S. federal securities laws (see the latest from the SEC here), but also the laws of each state
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One thing the SEC didn't say anything about in its analysis of The DAO token offering last week was the place in the ecosystem for “utility tokens.” This was bemoaned by at least one other legal commentator. As Trent Dykes' said, it “seems unlikely that the SEC
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By Evan Jensen and Joe Wallin On July 25, 2017, the SEC issued a number of important pronouncements with respect to initial coin offerings and blockchain tokens. The SEC issued: (1) a press release; (2) an investigative report into The DAO coin offering; (3) a Statement by the Divisions of
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NYSE Entrepreneur's Roadmap We participated in the publication of this book, The NYSE Entrepreneur's Roadmap. The NYSE Entrepreneur's Roadmap, from Concept to IPO Founders will find this book helpful as they navigate their startup's formation, financing, and ultimate liquidity. Where You Can
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If you are looking for cryptocurrency whitepapers, we have put together a list of some of the largest transactions over the last two years. Please help us and we will update this list as more come online. Cryptocurrency Whitepapers If you are interested in more information about this, please don&