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The idea that startups should wait until after joining an accelerator to do their filings seems a bit mythical to me. Maybe it worked back in the day when found
by jkarneges 10y ago
The idea that startups should wait until after joining an accelerator to do their filings seems a bit mythical to me. Maybe it worked back in the day when founders applied with only an idea (or no idea), but now I'd expect most companies to be pretty well established before entering an accelerator. C corp, restricted stock with vesting schedules, the whole bit.
If you're already established with a public product, then you should just go get the trademark. It's not that expensive. If you're stealth, then you could wait, but only because of your stage of company, not anything to do with YC.
- shameikachan 9y agoWell I did recently apply to YC and prior to applying and read through the "How to successfully apply" and watch several video on their YouTube page. They advised against creating legal entity prior to YC because a mistake could be made and they even ask about this on the application. I have not created a legal entity as yet. However, this prompted me to investigate on the trademark matter. I just want to make sure i'm focusing on the important items first with the resources I have available and not jumping the gun.
- jkarneges 9y agoIf you managed to get a YC invite with no registered company, then I suppose you could wait on everything (and hats off to you in that case :)) If you end up not getting into YC, though, I'd say go ahead and register the company anyway. You'll need it in order to take angel money or give out stock options.