by Bob Baker | Jan 2, 2023 | Corporate, Corporate Governance, Securities, Startups
One million seconds is about 11 ½ days, and one billion seconds is about 31 ½ years. That’s an interesting piece of trivia to keep in mind when reading about the recent collapse of cryptocurrency trading platform FTX and its affiliated...
by Bob Baker | Feb 18, 2022 | Common Questions, Corporate, Corporate Governance, Startups
Ever watched a movie where people are starting some business venture, and they blurt out how much of the profit they want? It sounds something like, “Ok, we’re going to split this 60-40”. If that seems too unlikely to work in real life, then...
by Bob Baker | Dec 10, 2021 | Common Questions, Corporate, Corporate Governance, Startups
The most common question we’re asked by new founders is, How do my co-founders and I decide how much equity to take in the company? This is the first of a two-part blog that addresses some common misconceptions about equity split, and how to decide if the...
by Bob Baker | Oct 25, 2021 | Common Questions, Corporate, Corporate Governance, Startups
Two things founders don’t have a lot of are time and money. Raising capital can be a challenge for any size company, but more so for startups, whose initial financial needs could be larger than what family and friends can invest, but smaller than what would...
by Bob Baker | Jul 11, 2021 | Corporate, Corporate Governance, Startups
Did you write your own cap table? If you’re like most founders, you probably had your lawyers put one together, or maybe you’re using Carta to track your company’s shareholders. However you got it – and if you don’t have one, we strongly...
by Bob Baker | Mar 21, 2021 | Common Questions, Corporate Governance, Startups
Advisors are among the most important people you can bring on board when starting a new business. They’re most often people who have “been there, done that”, meaning they likely have experience in a similar industry to your business, or they may have...