Kenneth Obel

Kenneth Obel

Founder & Principal
goodcounsel
Chicago

Expertise

Legal

Companies

current
goodcounsel
Founder & Principal

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Kenneth Obel
Howard Tullman of 1871 has sparked some great discussion with his post here on BIC (and the related article in Inc. Magazine entitled "5 Ways to Stop Legal-Fee Madness") about startup legal costs. It's a great piece, well worth reading.
03/10/2014
VIEWS: 174
Kenneth Obel
People keep telling me that a straight one-year cliff on equity vesting is "standard." Maybe so, but in most cases, I think it's pretty stupid. Anyone sacrificing current compensation for equity should think hard before accepting it. And regardless of what the legal provisions say, companies should...
06/07/2013
VIEWS: 649
Kenneth Obel
A lot of my founder clients walk in the door having already decided to split equity evenly. It's causing me to think a lot about this issue. I just added a post to my professional blog on the subject. (I have copied it below.) I am very much interested in hearing others' thoughts and,...
03/17/2012
VIEWS: 2,296
Kenneth Obel
I have had bikes on my mind lately (which is not unusual). I recently suggested that if you are an entrepreneur or a small company executive, you should have a lawyer who rides his bike to work.
11/02/2011
VIEWS: 276
Kenneth Obel
From time to time, I come across startup companies that include a section on their About Us or FAQ pages about investment opportunities. As someone who started a company, I completely understand the inclination to do this -- if someone out there loves the company you are building and wants to...
07/05/2011
VIEWS: 340

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