Monthly Archives: March 2009

About Our Practice

About Our Practice Startup and emerging companies need to move quickly. Market opportunities are short-lived and cash is generally tight. Entrepreneurs need lawyers who can handle the necessary fast pace and provide a range of services to meet the company’s … Continue reading

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About Stuart Campbell

Stuart Campbell, one of the editors of this blog, is a partner in the Seattle office of DWT. Stuart represents emerging technology and other high-growth companies, advising such clients with respect to their formation, seed, angel and venture capital financings, … Continue reading

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Angel Financing – Issue Common or Preferred Stock?

Founders contemplating an angel financing often ask whether their company should issue common or preferred stock to angel investors. A fundamental difference between the two is that preferred stock has a liquidation preference, which upon a liquidation or sale of the … Continue reading

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What Rights Come With Preferred Stock?

Venture capitalists and sophisticated angels typically insist on receiving preferred stock for their investments in emerging companies. As a result, companies pursuing such investments often ask “what rights come with preferred stock?” First, it is important to recognize that all preferred stock … Continue reading

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The Importance of Assigning IP to Your Startup

Founders often create intellectual property prior to forming their company. A common but easy to avoid mistake in early stage companies is the failure to properly assign such IP to the company. It is important that at the time of … Continue reading

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