Carson City Startup Lawyers
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Legal Services Offered by Our On-Demand Carson City Startup Attorneys
On UpCounsel, you can find and connect with top-rated Carson City startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Carson City startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Carson City, NV.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Carson City startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Carson City startup lawyer on UpCounsel to help you today.
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- 7 min read
Intellectual Property Protection
Intellectual Property Protection. What entrepreneurs and business owners need to know about the basics of intellectual property law to protect their business IP.
Intellectual Property Protection Explained
Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect their hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that you have created and ones that give you an economic benefit.
Seek professional experience from an intellectual property attorney to help your company plan for success and avoid theft of ideas, designs, and other concepts. Since filing and refiling IP applications can get expensive and waste time if done incorrectly, determine what you need to protect when it comes to IP:
- 5 min read
What Is a Down Round?
A "down round" is a round of financing where investors pay less for the company's stock than the previous investors. If it happens to your company, it doesn't mean the end times are coming, but it is a major wake-up call and a sign that something needs to change.
The companies that can go through down rounds are startups and other private businesses that don't trade stocks on a public exchange. With no public trading, they sell stock in rounds to private investors. Since a stock exchange can't set the company's value, the company and the investors have to work out their value instead. And when this sets the company's value to lower than it was before, it creates a down round.
Why Is a Down Round Important?
In an ideal world, every round brings in more money, since the business is always growing and expanding. However, sometimes a business can't grow. Other times, investors overval
- 8 min read
What Is Bridge Financing?
Bridge financing is when investors invest in a startup business with a short term loan in order to help it reach the next round of funding, on the basis that they will receive their money back. Basically, it is used to 'bridge' the gap between investments to keep a startup company afloat.
Startups use bridge financing or a 'bridge round' in order to help them get to a significant round of funding such as an equity funding (like a venture capital round) or the sale of the company.
The initial investors would receive a promissory note documenting their bridge investment. In this promissory note, the startup would promise to repay the lenders, sometimes with interest
For example, if you raised $500,000 in round A funding, but needed another $500,000 and you were projected to raise $2,000,000 in round B funding, you could use a bridge loan of $500,000 until the round B funding was complete, paying back $
- 7 min read
What Is a Rights Offering?
A rights offering takes place when a company needs to raise more money. Rather than offer shares to anyone, it gives current shareholders a chance to buy more stock during a fixed period.
How Does a Rights Offering Help?
This method lets shareholders keep their current level of ownership in the business while the company gets more capital. In most rights offerings, the existing shareholders get a discounted price for new stock purchases.
When a shareholder doesn't want to buy additional stock, he can transfer the rights on the open market, giving someone else a chance to buy company stock at a discounted price. Since the offering rate is low, the company is likely to sell most or all of its newly available stock.
The ability to transfer means that if a current stockholder doesn't want to buy more, he can easily find someone who will. The only catch is that the third party must buy within the fix
- 6 min read
The Delaware LLC Act governs the limited liability company structure in Delaware. The structure is essentially a hybrid of the best features of both corporations and partnerships and the owners are called “members.” If you incorporate under the Delaware LLC Act, you do not need to have an operating agreement, though you may have an agreement that governs some of the affairs of the limited liability company. Delaware has some of the strongest protections from liability for owners in the country, which is just one of the many reasons people choose to form a company in Delaware.
Why is the Limited Liability Act Important?
The main reason the Delaware LLC Act is important is that it is treated as a partnership for tax purposes, but provides the protection that a corporation offers. LLC’s in Delaware are one of the most popular entities filed, Other important features are that the owners and managers of an LLC are not personally liable for ob