Kenneth Obel

Kenneth Obel

Founder & Principal
goodcounsel

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Legal

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“ 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.Howard fo... ”
“ J.A. -- This has existed for a while, e.g., Legal Zoom. The problem with some standardized documents is that they address the fat center of the bell curve, but sometimes (and this is often the case with startup or investment-related documents), th... ”
Kenneth Obel has a new connection.
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“ 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.Howard fo... ”
“ J.A. -- This has existed for a while, e.g., Legal Zoom. The problem with some standardized documents is that they address the fat center of the bell curve, but sometimes (and this is often the case with startup or investment-related documents), th... ”
Kenneth Obel has a new connection.
“ Indeed, but companies and entrepreneurs be aware: the National Venture Capital Association represents.. Venture Capitalists. (Very sneaky.) If you are not a VC, you don't necessarily need or want all of the provisions you see there. It's definitely o... ”
“ Andy, Yes, there ARE lot of model docs out there, more even than you mentioned. I think that's a good thing, in general. But even that fact tells you something -- everyone has their own idea of what is "standard," what should be included in the mo... ”

recent blog posts

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: 172
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: 638
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: 2,142
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: 272
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: 332

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