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Posted in Legal and Financial

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  • Jul
    06
    2011
    Documents Startups Should Have
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    Posted by Marshall Yang, Jul 06, 2011.
    A startup shouldn’t be a smaller version of a big company, especially in the Lean Startup era. However, the minimalism could bring you potential legal pitfalls. Some key documents are essential for basic operations such as sales and hiring. DDC compiled a one-pager on the Most Important Documents to Find in Your Company, which is very handy when you put your company “paperwork official”.
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  • Mar
    28
    2011
    Board Package
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    Posted by Marshall Yang, Mar 28, 2011.
    DDC, a startup developing business document sharing software and Morgan Lewis, a law firm serving the entrepreneurial community, authored a very handy guide in compiling and distributing the board package. "Board what?" many of my friends working on their early-stage companies may ask. When investors such as Robin Hood Ventures write checks to a company, we usually require a seat in the company's board of directors (see our Screening Criteria). The board meets periodically...
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  • Mar
    19
    2010
    LLCs vs C Corps - An Angel's Perspective
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    Posted by Ellen Weber, Mar 19, 2010.
    One of the first important decisions that a company must make is what type of legal entity their company should use... and while we strongly believe that only you and your attorney can make that decision, I thought it might be helpful to share this article from the Angel Capital Association on legal structure from an angel's perspective.  But even after reading this article, I can't stress enough how important it is to have good legal counsel before you make this decision.
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  • Mar
    13
    2010
    How Much Do I Raise at Start-up?
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    Posted by Ellen Weber, Mar 13, 2010.
    The to be or not to be question is do I take as much as I can get now, because who knows what tomorrow will look like, or do I take just a small amount now, hoping I can raise more money later at a higher valuation.  Here is one answer to the eternal question, how much money should I ask for at startup... by an entrepreneur turned VC.
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  • Oct
    01
    2009
    Don't Ask for an NDA
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    Posted by Ellen Weber, Oct 01, 2009.
    From time to time, we are asked to sign an NDA. Please be aware that most VCs and angels will always say no to that request.On our website we say:"Since we receive so many plans our policy is not to sign NDAs (non-disclosure agreements) or confidentiality agreements. Robin Hood prides itself on our practice of the highest respect and care of the confidentiality of all information received; aiming to treat you as we ourselves wish to be treated. However, you should not, under any circumstance, forward...
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