Where should I incorporate my U.S. tech startup?
Delaware. Why? Because everyone else does, and when approaching investors, it’s best to look like everyone else, at least with respect to incorporation jurisdiction. Your pitch deck can look different, of course. Nevertheless, some have...
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Should I hire a lawyer to incorporate my company, or use an online service?
Incorporation is a well-established, mostly clerical process that can be completed without the assistance of an attorney. Many online services form companies at lower cost and sometimes even faster than an attorney. The incorporation process,...
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Y Combinator’s Post-Money SAFE: Risks for Founders
Y Combinator, one of the most famed Silicon Valley startup accelerators, introduced the “Simple Agreement for Future Equity” (commonly referred to as the “SAFE”) in late 2013. Recognized within the early investment community for its...
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America’s New Beneficial Ownership Reporting Regime
On January 1, 2021, Congress enacted the Anti-Money Laundering Act of 2020 (the “AMLA”) to combat money laundering and terrorist financing by expanding the regulatory power of the Financial Crimes Enforcement Network (“FinCEN”), a financial...
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