Beyond the popped collars and nepotism, lawyering certainly has its attractions:
In the lawyer’s corner, some members of Marketing, Dev, BizDev and Creative have been hashing out privacy policies, incorporation considerations, not-for-profit status, and licensing agreements. Like the beacon of wisdom in a fog of confusion, the legal team has all the answers to the teams’ questions.
This product, legally speaking, is starting to congeal.
As it stands, we’re incorporating a C-Corp, owned by Startup Weekend LLC and an LLC controlled by this weekend’s founders. Additionally, a separate not-for-profit company will be instantiated with tax-exempt forms ready to go for a manager to-be-determined.
Solid as Jello. Go Legal!*
*[Disclaimer: this author is (sort of, kind of) on the legal team. This posting is for informational purposes only and should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. This writer is not a lawyer. His father, grandfather, and uncle are; but, that is neither here nor there. Consult your attorney-- they'd love to hear from you on a Sunday. Seriously. Try it!]
