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Common First-Time Founder Mistakes with Becki DeGraw | Wilson Sonsini Startup Legal Basics

Mar 26, 202129:54Watch on YouTube

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Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

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Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

Show notes:

0:00 Jason intros Wilson Sonsini Partner Becki DeGraw

3:05 Missed 83(b) elections

7:13 Founders & investors think they own the company but didn’t actually buy any stock, how officers are elected

12:59 Waiting until funding to set up company structure: tax and valuation issues

15:03 Incorporation services - are they legit?

18:23 Recent trends in secondary shares, founder re-ups

25:52 Starting as an LLC

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