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Advice - After going through the process of getting a software patent with a well-known California law firm for my initial startup — and finally choosing to drop it after spending a ton of money but going nowhere — here is my take on the...
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LegalWatch -  While the recent Senate vote to legalize online Poker in New York gave hope to prospective online gambling operators in the State, the failure of the Bill to reach the Assembly before its annual shut down means that the operation of...
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Advice -  When joining or building a company, it is imperative that you understand the laws around equity. As an employee, not understanding how stock options work may leave you with expensive tax bills for worthless stock. As a founder, doling...
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Cool Tech -  //Scientists have created a remote control robotic motor called "Spermbot" that could fertilize eggs and help couples who struggle to have a baby.
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Advice -  Arbitration has become a common way to resolve legal disputes between individuals and businesses. When global startups begin their business, they need to consider the pros and cons of arbitration, and whether they want the language in...
Making Contracts Work for You
Advice -  Don’t be intimidated by contracts. Conquer them instead. Handled correctly, your business’s contracts can be a great asset in protecting you in your dealings with vendors, customers and employees. Here are some of the...
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Advice - 6 Things to Consider Before deciding what type of entity might be best for your business, consider these differences. Entrepreneurs can generally choose from a number of different entities when incorporating their business....
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#NYCTech -  We are living in an on-demand society. And thanks to Moore’s Law, our mobile phones give us access to virtually anything in a matter of seconds. Despite this we are often still waiting for many professional services (lawyers,...
Startup Toolkit
#NYCTech -  Recently, Innovention, one of three non-profit Incubators operated by New York University, held a discussion on the legal and fundraising aspects of startups. The organization strives to help students and entrepreneurs stay on the...
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Advice -  Most entrepreneurs I meet are reluctant to disclose anything about their ideas to investors before getting a signed confidential disclosure agreement (CDA). Professional investors and advisors, on the other hand, usually refuse to...
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Advice -  Term sheet signed, due diligence complete, now it’s time to head into the last stage of the funding process — the closing. I don’t mean to use the title terms “legal grind” negatively. But, for most VCs and for most...
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Advice -  No small business owner likes thinking about legal needs. But like it or not, the law can have a major impact on your small business. From protecting your creations against copycats to negotiating the best deals with vendors, getting...
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#NYCTech -   According to the website, Skiplagged, a site that helps people find the best prices for airline tickets, is better at finding cheap flights than any other website. It must be true: United Airlines and Orbitz are suing young...
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Crowdfunding -  It has been over a year since the Securities and Exchange Commission (SEC) permitted securities issuers to market their capital raises using general solicitation and general advertising while still qualifying for an exemption from...
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Advice -  A trademark is that word, phrase, symbol, logo or design that sets your goods or services apart and distinguishes you from all the rest. The “loud and proud” protection of goodwill being built in a mark serves many valuable...
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LegalWatch - As the deadline for the FCC to hear public comments on its net neutrality regulation nears, a comical video is trying to drum up even more attention...