t_hinman_esq

5 ms·

1.
by t_hinman_esq 1y ago
Hi there! Startup attorney here, so sorry to hear that happened. First off, it sounds like you absolutely made the right call walking away. You weren't dumb - you were generous, and that generosity was taken advantage of. To answer yo
2.
I'm a Startup Lawyer – AMA(hinmanlegal.com)
1 points by t_hinman_esq 2y ago|1 comments
3.
by t_hinman_esq 2y ago
Hi there! I am an experienced Silicon Valley startup attorney who's been in both big law and in house roles. I also started a couple of companies along the way. I can't give legal advice over the internet, of course, but happy to
4.
by t_hinman_esq 2y ago
Equity distribution is a big topic for early-stage startups, and it’s great that you’re thinking about it upfront! Here are a few things to consider as you start building out your plan. Equity Split Take a look at what each co-founder and
5.
by t_hinman_esq 2y ago
Hi there -- I'm happy to connect with you! I have been a startup attorney for many years, and started a few of my own companies along the way. I also participate in an MIT-sponsored entrepreneurship program where I advise new startup
6.
by t_hinman_esq 2y ago
Hi! I am a startup attorney -- of course I can't give you specific legal advice here, but Mindcrime makes some excellent points! Many states have explicit laws that protect employees from having to assign IP that they have developed o
7.
by t_hinman_esq 2y ago
Gosh, that sounds really challenging. I've worked with tons of early stage startups and issues between founders is not unusual -- in a lot of ways it's like a marriage, in all the good and bad ways. I would suggest sitting down wi
8.
by t_hinman_esq 2y ago
Wow, I have never seen a non-compete in an NDA, and I have reviewed/drafted thousands. That definitely sounds like red flag territory to me!
9.
by t_hinman_esq 2y ago
Unfortunately, there isn't an exact science to dilution/valuation in most cases, especially in the very early stages. Ultimately you need to sell as much/as little of the company as is required in order to secure the resource
10.
by t_hinman_esq 2y ago
Dilution is a natural part of the growing process of any startup, and typically if you're experiencing dilution it's because you are gaining something in return - cash, in the case of investors, or sweat equity in the case of empl
11.
by t_hinman_esq 2y ago
Hi! I am a startup attorney - I can't give specific legal advice here, of course, but it's not unusual to be required to sign an NDA before discussing confidential company IP. The NDA basically specifies that the information can o
12.
by t_hinman_esq 2y ago
My suggestion -- if you engage with folks on social media, make sure that the tone and content represents the company, not necessarily you as an individual. The company's social media presence should contribute to go-to-market success.
13.
by t_hinman_esq 2y ago
This is beyond cool, thank you for sharing!
14.
by t_hinman_esq 2y ago
Startups are difficult, and a 10-year run at any company in the startup space is an eternity! No wonder you feel burned out, especially if you feel the company is not going in a direction that gets you excited to get out of bed in the morni
15.
by t_hinman_esq 2y ago
Many new startups choose to incorporate in Delaware, US because of its well established corporate law. Institutional US investors will require a Delaware c-corp prior to investment, so if you incorporate elsewhere and then decide you want t
16.
by t_hinman_esq 2y ago
Hi! Your website terms of service should specify the terms under which you are offering your site and services -- verifying age is typically related to data privacy laws or sales of restricted items (alcohol, cannabis). If you're jus