VW Startup Lifecycle Infographic
Wondering if your startup is where it should be? This infographic will walk you through the five stages a startup goes through and gives you an idea of where you should be when it comes to your startup’s product, funding, marketing, revenues, legal work, and more.
Do I Really Owe Delaware $75,000??? Explaining Delaware Franchise Tax Calculations
Every year around January or February we receive frantic calls and emails from a handful of clients who are utterly shocked by the franchise bill they just received from Delaware. “How can I owe $75,075 in franchise taxes??? We don’t have that kind of cash; do I have to raise more money just to pay this bill? Does this happen every year??”
Which insurance does my startup need?
At some point in time, the topic of insurance will come up. Every startup and small business will need insurance, and for a mature business, an insurance guy is one of the four pillars of your business. We’re by no […]
The Four External Pillars of a Small Business
Starting a business is hard work. There are lots of pitfalls to navigate, and some are impossible to avoid. But it’s not as hard to get help as you may think. Every small business (and this includes startups) should have […]
Business Judgment Rule: Having Poor Business Judgment Isn’t A Tort
The rationale behind the rule is to shield those individuals that owe fiduciary duties to a Company (directors, officers, executives) from fear of a lawsuit each time they make a decision that in hindsight might end up being bad for the company.
Startup Cents: Planning For Your First Year Of Legal Fees
This blog was originally published in July of 2015 but was revised in April of 2024 and is still accurate. We oftentimes get asked by startups, “How much will I spend in legal my first year?” Since we represent hundreds […]
Client Spotlight: Q&A with Matt Alexander of Edition Collective
Matt Alexander, founder of Need and Foremost, has been all the rage lately as he was recently featured in D Magazine as an emerging “titan of industry.” Matt talks with VW during our Q&A session to offer some of […]
How To Resolve Decisions In Deadlock
One may be the loneliest number, but two can be worse than one in the context of founders. Because we represent so many startups and small businesses, we end up drafting a lot of closely held Company Operating Agreements/Shareholder Agreements. […]
Mo’ Founders Mo’ Problems – Another Vote For Well Drafted Partnership Agreements
Note, the advice below is entity type agnostic. Member Agreements, Company Agreements, and Founder Agreements are included in the context of partners agreements. Founder disputes are unavoidable – and the more founders, the higher the likelihood for disagreements. Every startup will […]
Franchise Tax Treatment Of Texas Series LLCs
(Disclaimer – I am not an accountant, much less a CPA. The info below is informational only and is intended to provoke further discussion in the rapidly evolving world of Texas Series LLCs. Please consult with your attorney and CPA […]