Comments on: Up Up Down Down Left Right Left Right B A Start

By: Ryan Roberts

Ryan Roberts — Mon, 01 Feb 2010 23:50:19 +0000

It's a simple point, but it does take a lot of coordinated docs. To form the entity, you need the charter (filed with the secretary of state). For corporate governance issues, you need the bylaws. For IP issues, you need the tech assignment (as part of the stock purchase agreement) and the proprietary inventions agreement.

I'd say you need all those docs to properly get started.

By: Ryan Roberts

Ryan Roberts — Mon, 01 Feb 2010 23:50:00 +0000

I'd say you need all those docs to properly get started.

By: North

North — Mon, 01 Feb 2010 23:32:05 +0000

A.) I notice your posts are heavy on the "company must OWN its IP" theme. That seems simple and easy enough…thanks for hammering that point.

B.) you also posted the "7 legal documents for your tech startup", and "Startup Docs from TheFunded .com", good stuff.

But what I'm wondering is which docs does a company need, when? Surprisingly I cannot seem to find this in any bestselling book. In other words why doesn't someone simply say "Just to get established, protected, and compliant go to a lawyer and have them write up this an this, once you have cofounders or investors have your lawyer write such and such, and once you are ready to do business you need such and such documents…"

A comprehensive map of the documents needed at each stage would help new entrepreneurs with LIMITED FUNDS execute the formation of their company as it grows…

Ugh, long winded, thanks again, North.

By: North

North — Mon, 01 Feb 2010 23:32:00 +0000

A.) I notice your posts are heavy on the "company must OWN its IP" theme. That seems simple and easy enough…thanks for hammering that point.

B.) you also posted the "7 legal documents for your tech startup", and "Startup Docs from TheFunded .com", good stuff.

A comprehensive map of the documents needed at each stage would help new entrepreneurs with LIMITED FUNDS execute the formation of their company as it grows…

Ugh, long winded, thanks again, North.

By: Ryan Roberts

Ryan Roberts — Mon, 01 Feb 2010 13:34:21 +0000

Chad-

Apparently I didn't have any friends to play Contra with…

By: Ryan Roberts

Ryan Roberts — Mon, 01 Feb 2010 13:34:00 +0000

Chad-

Apparently I didn't have any friends to play Contra with…

By: Chad DePue

Chad DePue — Mon, 01 Feb 2010 00:50:29 +0000

Great Link – thanks! I also didn't know that the select was for two player, it's great that i'm still learning about Konami products two decades later

By: Chad DePue

Chad DePue — Mon, 01 Feb 2010 00:50:00 +0000

Great Link – thanks! I also didn't know that the select was for two player, it's great that i'm still learning about Konami products two decades later

By: Ryan Roberts

Ryan Roberts — Sun, 31 Jan 2010 23:28:33 +0000

Adam,

I realize that code is used for other games. Sure, try D.C. for a law firm. Whatever makes you feel most comfortable.

By: Ryan Roberts

Ryan Roberts — Sun, 31 Jan 2010 23:28:00 +0000

Adam,

I realize that code is used for other games. Sure, try D.C. for a law firm. Whatever makes you feel most comfortable.

By: Adam

Adam — Sun, 31 Jan 2010 23:16:38 +0000

Another nitpick – it's the 'Konami Code' and is used in many more games than just Contra.

There aren't many lawyers in my part of the world who do tech startup stuff – would it best to go to a more 'hip' part of the country (DC would be the closest?) and talk to a law firm there?

By: Adam

Adam — Sun, 31 Jan 2010 23:16:00 +0000

Another nitpick – it's the 'Konami Code' and is used in many more games than just Contra.

There aren't many lawyers in my part of the world who do tech startup stuff – would it best to go to a more 'hip' part of the country (DC would be the closest?) and talk to a law firm there?

By: Ryan Roberts

Ryan Roberts — Sun, 31 Jan 2010 19:10:09 +0000

I haven't played the game in 20 years, so I can't verify whether the extra B-A was required. But, the "select" was only if you were choosing a 2-player game instead of one. I have no problem with you working on documents. My only advice is that it can cost just as much to review something a client worked on than just starting with something a lawyer is familiar with. Try this link for some docs: 25 Startup Law Resources

By: Ryan Roberts

Ryan Roberts — Sun, 31 Jan 2010 19:10:00 +0000

By: Chad DePue

Chad DePue — Sun, 31 Jan 2010 18:38:05 +0000

not to nitpick but since you're a lawyer, i'll bite. it's … B A B A select start, and people always seem to leave that last b-a-select part off.

also, a serious question – is there a good website for boilerplate startup founder agreement documents for people who are comfortable editing contracts? i'm not a lawyer but i've done a good bit of BizDev contract negotiation and so i'm comfortable starting with a solid template. Sure, you're going to tell me i should get a lawyer and I probably will, but I don't want to have them start tabula rasa – it costs a lot more. i'd rather give my lawyer a document that i've poured a few hours into and that captures what i want beforehand. @rubyrescue

By: Chad DePue

Chad DePue — Sun, 31 Jan 2010 18:38:00 +0000

not to nitpick but since you're a lawyer, i'll bite. it's … B A B A select start, and people always seem to leave that last b-a-select part off.