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Thanks for bringing legal details to light here. These are exactly the sorts of details a startup would ignore; my former employer, a then-6-year-old-startup, o
by choppaface 11y ago
Thanks for bringing legal details to light here. These are exactly the sorts of details a startup would ignore; my former employer, a then-6-year-old-startup, omitted these sorts of details when I started digging into equity details.
Compliance would cost an unfortunate but necessary draw on a founder's attention. It would be nice to see companies like Clerky ( https://www.clerky.com/ https://www.clerky.com/ ) pick this up... I remember seeing at least one other company doing similar legal services (e.g. 83(b) elections) if anybody can link them.
A significant risk is that the service might not handle the compliance exactly as the founder would like (for worse or for /better/). Perhaps a blogpost comparing services would help the community.