Remove manager-managed-llc-operating-agreement
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10 Startup Shortcuts That Will Be Back To Haunt You

Gust

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. Rely on informal agreements with partners. Let your accountants manage the expenses.

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LLC or Corporation: Which Entity is Best For My Business?

StartupNation

Aside from limited liability, what are some good reasons to choose an LLC or a corporation to incorporate a business? Let’s take a look at the areas where LLCs and corporations differ from each other and what that means for new entrepreneurs looking to incorporate as one of these entities. Let’s start with LLC ownership.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Founded it as a California LLC but your potential VC wants a Delaware C-Corp? How to manage costs - One of the biggest frustrations that people have with lawyers are unexpected costs. I always try operate on the “Fixed Fee +&# arrangement. You need to own your legal agreements. Good people and evil people.

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VC Lab introduces free fund formation documents to make startup investing cheaper and easier

TechCrunch

The new managers who are getting into venture are coming in with a passion for change — the funds often have a very focused thesis, and they tend to be smaller in size. They don’t need 200 to 400 pages of legal agreements governing every small decision that they make. They need lean and light, easy-to-use agreements.”.

VC 101
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SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

TechCrunch

The deal announced Thursday confirms TechCrunch’s reporting in June that the startup was in final talks with the SPAC launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson. Rowe Price Associates, Inc.,

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. As a result, we carefully choose to invest in good brands and operators that we believe can execute on their plan with the help of a reliable and flexible capital partner. One-Page Term Sheet.

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Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’

TechCrunch

The startup manages the operational work and claims that investors using its platform can earn passive income. Arrived acts as the asset manager and partners with property management companies to find renters and manage the local day-to-day rental operations.