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Common First-Time Founder Mistakes with Becki DeGraw | Wilson Sonsini Startup Legal Basics
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Show notes:
0:00 Jason intros Wilson Sonsini Partner Becki DeGraw
3:05 Missed 83(b) elections
7:13 Founders & investors think they own the company but didn’t actually buy any stock, how officers are elected
12:59 Waiting until funding to set up company structure: tax and valuation issues
15:03 Incorporation services - are they legit?
18:23 Recent trends in secondary shares, founder re-ups
25:52 Starting as an LLC
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