It is important for founders and IP owners to be wary of the practice derogatorily referred to as “patent trolling.” This practice occurs when a company that has a patent right, either through development or acquisition, enforces those rights against other businesses in an opportunistic manner and typically without any intention to practice, manufacture or market the patented invention. Take precautions against getting tied up in IP litigation by making IP protection a foremost consideration when forming a company. Litigation can be very time consuming, extremely expensive and can greatly inhibit an investor’s willingness to get involved in your endeavor.
Is Delaware Still the Best Place to Incorporate?
For decades, Delaware has been the go-to jurisdiction for businesses looking to incorporate in the United States. Delaware’s business-friendly laws, well-established legal precedents, and efficient chancery court system have made it a favorite among entrepreneurs and large corporations alike. Notably for tech startups, these same features also […]
How VCs Determine Pre-Money Valuation
Venture capitalists (VCs) play a crucial role in the startup ecosystem by providing the necessary funding to help emerging companies grow and scale. However, before VCs decide to invest, they must determine the value of the company in question. Valuing a startup is a complex process that […]
Fiduciary Duties in LLCs
In contrast to the duties that corporate boards of directors owe to shareholders, LLC fiduciary duties is a topic that often goes under the radar yet holds significant legal and operational implications.