Woodside Startup Attorneys & Lawyers
Woodside Startup Lawyers
Why use UpCounsel to hire a Woodside Startup Attorney?
You always get experienced professionals and high caliber work.
Your work gets done quickly because professionals are always available.
More cost effective
We use technology to cut traditional overhead and save you thousands.
UpCounsel has been talked about in:
Money-Back Guarantee on All of Your Legal Work
Applies to all transactions with verified attorneys on UpCounselIn the event that you are unsatisfied with the work of an attorney you hired on UpCounsel, just let us know. We’ll take care of it and refund your money up to $5,000 so you can hire another attorney to help you.
Legal Services Offered by Our On-Demand Woodside Startup Attorneys
On UpCounsel, you can find and connect with top-rated Woodside 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 Woodside 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 Woodside, NY.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Woodside 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 Woodside startup lawyer on UpCounsel to help you today.
Improve Your Legal ROI with Affordable Startup Attorneys that service Woodside, NY.
What Our Customers Have to Say
"UpCounsel gives me access to big-firm lawyers minus the big-firm price tag. I work with several attorneys on the platform and there are never surprises...I always receive quality legal work at competitive rates that larger firms simply cannot match."
"Every startup needs to know about UpCounsel. We found great attorneys at great prices and were able to focus our resources on improving our business instead of paying legal bills."
"Before UpCounsel it was hard for us to find the right lawyer with the right expertise for our business. UpCounsel solves those problems by being more affordable and helping us find the right lawyer in no time."
- 5 min read
What Is Carried Interest?
Carried interest, also known as carry, is a share in the profits that general partners receive in compensation for the management of a venture capital fund. These profits can be long-term gains, dividends, short-term gains, or interest and total 20 to 25 percent of the fund's profits. However, general partners aren't required to invest their own money. Instead, these funds are intended as motivation for a general partner that are only available at the sale of the fund.
The best way to picture carried interest is through an example. Imagine you give a friend $100 to put on roulette when they go to Vegas, and they win $200. If you agreed to a 20 percent cut for your friend, you'll pay $20 on the interest. This is how carried interest works.
Another way to visualize carried interest is through another ex
- 5 min read
What is Vesting?
Vesting is the process where an employee or founder earns shares over time. This means rather than having immediate equity in a company, you earn a percentage of shares on a monthly (or quarterly) basis over time. Vesting protects a company from giving up too much equity to someone who spends only a short time with the company.
Why Do Founders Need Vesting?
In most cases, if you apply for venture capital, you will be required to have a vesting schedule for your stock. The good newsis in nearly all cases, you get credit for "time" that you've invested into the company. For example, if you have
- 5 min read
What Is a Shell Corporation?
A shell corporation is a company with financial assets but no significant business activity. Shell corporations don't create products, hire employees, or generate revenue. Rather, they store money and engage in financial transactions. Shell corporations can be used for illegal purposes like money laundering or legitimate purposes like storing funds in the early stages of a startup.
Shell corporations may also be known as international business corporations, personal investment companies, phantom firms, mailbox companies, or letter-box corporations.
How Does a Shell Corporation Work?
Shell corporations hide the identities of their owners. They can be set up anonymously, letting businesses and individuals engage in financial dealings without revealing who they are.
Shell corporations are often created in tax havens. Tax havens are countries with few or no taxes on business, as well as laws against revealing b
- 5 min read
The Jumpstart Our Business Startups Act, or JOBS Act, is a law signed into effect by President Obama in 2012, designed to promote the growth of jobs in small businesses. Its goal is to make it easier for startups to raise the money and equity they need to grow, and give startups and small businesses more access to capital.
Why Is the JOBS Act Important?
The JOBS Act has seven sections overall, but three key sections are pertinent to investors.
Title II allows public advertisements of securities offerings to accredited investors.
Title III opens the door to equity crowdfunding directed at the general public and gives non-accredited investors more opportunities to invest in startups.
- 9 min read
What Is Rule 144?
Rule 144 is the most common exemption that allows the resale of unregistered securities in the public stock market, which is otherwise illegal in the U.S. The regulation gives a specific set of conditions that a shareholder must meet in order to sell unregistered, "restricted," or "controlled" securities in the public marketplace.
For a shareholder to sell securities (such as stock, bonds, equities) on the public stock market, the securities and sale need to be registered with the U.S. Securities and Exchange Commission (SEC). Securities that are not registered or that are labeled as "restricted" or "controlled" generally cannot be sold or resold on the public market. However, there are several exemptions for the resale of restricted secu