The Great Business Plan Debate
A business plan is a living document that serves as a blueprint to help you build your company. More than that, a business plan is a tool to help you think hard, and clearly, about what you’re trying to achieve, the market opportunity, the potential threats to success, and how to overcome them. How detailed is your business plan, and how much time you invest in it, are matters of choice. And there are some who question the merits of doing a business plan at all.
Minda Zetlin, a business technology writer, invited Perkins Coie business partner DaveMcShea to participate in a debate on the merits of preparing a business plan. Check out the full article, “Write a Business Plan or Not? 2 Experts Debate” at Inc.com.
XR Industry Insider 2021 AR/VR/XR Survey Results
Industry leaders weigh in on the future of AR/VR/XR Perkins Coie and XR Association survey of over 160 professionals found that immersive technology’s prospects have been strengthened by the pandemic. The findings from startups, enterprise technology firms, consultants, and investors gathered their insights on the trajectory of the immersive…
Post-Employment Exercise Periods for Stock Options
Holders of stock options must exercise their vested options within a certain predefined time period after they cease providing services to the company. This time period is known as the “post-termination exercise period” (PTEP). What is the standard PTEP? The standard PTEP is three months. This means…
Should We Include Transfer Restrictions in Our Bylaws?
Transfer restrictions are one of the principal tools that startups use to prevent secondary transfers of their capital stock and maintain tight control over their cap tables. The majority view in the market is that it is best to omit transfer restrictions from the bylaws because future…