I’ve been a corporate lawyer for more than 17 years, and there are certain fundamental legal mistakes that I’ve seen startups repeatedly make (many of which surface when investors are conducting their due-diligence investigation).
Accordingly, I thought it would be helpful to provide a simple checklist for startups that includes links to indepth posts for a more detailed discussion.
Startup checklist:
1. Form a corporation, not an LLC (see post here) or a partnership (see post here).
2. Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here).
To read the full, original article click on this link: The legal checklist every startup should reference | VentureBeat