Legal Services for Startups & Savvy Businesses in Colorado

April, 2013

Speaking of Shakeups

I was very pleased to hear about this on Paul Graham’s twitter feed. Apparently, the good folks over at Spark Capital have decided to buck the trend and pick up their own legal expenses in their future deals. The first time I raised venture capital, over a decade ago, I was hit with the same […]

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Six Things to Think about When You’re Thinking about Crowdfunding

crowdfunding

The concept behind crowdfunding is simple and perfectly suited to the Internet. Rather than raise a lot of money from a few people, you raise a little from a lot of people. It’s easy and effective. Lots of new businesses have blossomed in catering to this market: Kickstarter, Indiegogo, and RocketHub, to name a few. […]

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Inevitable Disclosure Doctrine: When Your Employer Can Keep You from Working for a Competitor

Most people have heard of non-compete agreements. But there’s another scenario where an employer can keep you from working for a competitor, even in the absence of a prior agreement: the Inevitable Disclosure Doctrine. Three tests must be met for a court to invoke the doctrine. 1) You must possess trade secrets that you do […]

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To Non-Compete or Not to Non-Compete: What Was the Question?

The question is, “should I have a non-compete agreement with my employees?” If you’re asking, the answer is almost certainly yes. A non-compete agreement is a contract (or, perhaps more simply, a clause within an employment contract) between an employee and an employer, where the employee agrees not to enter into competition with the employer […]

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Five reasons Why You May Not Need to Incorporate (yet)

I’ve read lots of articles about the reasons why a business needs to incorporate. But creating a separate legal entity isn’t for everyone. Perhaps it’s worth spilling a little ink summarizing why one might not need to incorporate. 1) You are the only founder One of the most important parts of starting a business is […]

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Win-Win Lawyering

Many think of the best lawyers as the Johnny Cochrane-Alan Dershowitz types. These are the guys who gained their reputations for in-your-face, no-hold-barred advocacy on behalf of their clients. Having a lawyer like this is important when you’re facing a murder charge. But in most other circumstances, you may want to consider a different advocate. […]

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Term Sheet Basics for Entrepreneurs

I’ve heard some wacky stuff recently from entrepreneurs about term sheets. Some people seem inclined to throw the term around in contexts where it doesn’t belong. It’s a pretty simple concept, so I figured I’d draw up a quick primer to summarize the basics. What is a term sheet? A term sheet is a document […]

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Culture and Clientele

Recently read a post by Seth Godin about choosing your clientele that resonated with me. I’m defining pandering as using your perception of your customer’s wishes as an excuse to do work you’re not proud of. The public radio station that puts on empty, sensationalist coverage of the current crisis-of-the-year is chasing others down the […]

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Major shakeup coming in Copyright Law?

The House Judiciary Committee is planning a “comprehensive review of copyright law.” The text of the announcement comprises a bunch of platitudes about Thomas Jefferson and Thorvald Solberg, the country’s first register of copyrights, so it’s anyone’s guess what actual changes might be in store. Some are advocating for a revision of the Digital Millennium […]

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Boston

Last year at this time I was on a plane heading back from the Boston Marathon. This year, I’m trying to come to grips with a tragedy that feels both deeply personal and remote at the same time. As a runner, I feel as if someone attacked my friends. As a person, I feel sick. […]

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