What are ISOs?

A stock option grants you the right to purchase a certain number of shares of stock at a pre-established price. An incentive stock option (ISO) is a type of stock option that allows favorable tax treatment to the stock option holder. The main tax benefits of incentive stock options are

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Saks Does Not Take Restricted Stock

It’s no secret that a good founder team is an essential step for a successful startup venture. You hope that your co-founder has the mental toughness to stay strong through the bootstrapping process where short-term milestones typically go unrecognized and bank accounts dwindle. But what about your co-founder’s wife, husband,

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25102(f) Notice: Only in California

Founders must pay special attention when their startup issues securities–even when those securities are issued to themselves at incorporation. Whether or not founders realize it, they are issued their founders stock via an exemption from registration at both the federal and state level. The federal exemption most likely available for

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94,685 Thank Yous

The Startup Lawyer had 94,685 visits in 2009 and visitors spent a total of 3,603 hours on the site. Most visitors were from California (16,662), Texas (8,203), and New York (8,097). Canada (3,454), the UK (2,452), and India (1,557) lead the pack of international visits. 86 people in China broke

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The Delaware Freak-Out

The New Year. For some, it’s time to reflect on the past and look forward to the future. For others, it’s time to make resolutions to change for the better. But for me, it’s time to respond to client inquiries regarding their apparent 5-figure bill for Delaware franchise taxes due March

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The Startup Lawyer Re-Design Project

If you haven’t already seen, The Startup Lawyer blog has been re-designed. My vision for this blog is one that I can’t implement on my own. I had pushed the limit of my coding skills, so I opted to move the ball forward with a formal redesign project in September.

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Top 5 Posts of 2009

Here’s a list of the top 5 most viewed posts on this blog in 2009: 1. 7 Legal Documents for Your Tech Startup (9,697 Pageviews) 2. How Many Shares Should a Startup Authorize at Incorporation? (6,987 Pageviews) 3. What is a Pre-money and Post-money Valuation? (6,492 Pageviews) 4. How I

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