Bylaws
Formal rules adopted by a corporation that establish how it will be governed.
Formal rules adopted by a corporation that establish how it will be governed.
I’m ready to form a Delaware corporation for my startup! If you’ve decided to set up your business as a Delaware corporation, you’re in good company. While founders have many…
Startups can now use Stripe Atlas to help form their C corp based on form documents previously only available on Cooley GO. If you use the Cooley GO Incorporation Generator…
Click here to use the Cooley GO Docs Incorporation Package (Delaware) Generator Note: These documents are intended only for US companies incorporating in Delaware. The Cooley GO Docs Incorporation Package Generator allows you…
Click here to use the Cooley GO Docs Incorporation Package (Nevada) Generator Note: These documents are intended only for US companies incorporating in Nevada. The Cooley GO Docs Incorporation Package…
Click here to use the Cooley GO Docs Incorporation Package (Delaware) Generator Note: These documents are intended only for US companies incorporating in Delaware. The Cooley GO Docs Incorporation Package Generator allows you…
The Board of Directors is a key pipeline for resources for any US nonprofit organization. Most nonprofits do not pay Board members for their service, so organizations rely upon dedicated…
Nonprofit organizations in the US often ask how big their Board of Directors should be. Boards that are too small can fall short of their goals or stagnate, but Boards…
A Delaware public benefit corporation (PBC) is a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. A PBC must be managed in a way that balances the interests of the stockholders, the company’s key stakeholders, and a specific public benefit that the company commits to in its charter.
1. Experienced advisers Choose experienced advisers, including lawyers, auditors and financial consultants (if necessary), and get them involved early. Advisers who are up to date on the latest investor and…
Officers of a company have more formal responsibility and authority than rank-and-file employees and are responsible for the management and day-to-day operations of the company.
Historically, private company stockholders would be expected to wait until the company went public or was acquired to receive any return on their investment. Over the last several years, however,…
1. Advisors Choose experienced advisors early, including attorneys and auditors. Advisors who work with the SEC and investment bankers regularly will expedite the process and help avoid glitches and delays…
Most high growth companies that are set up for venture capital funding don’t use a stockholder agreement We sometimes get asked whether founders should put in place a “stockholder agreement”…
If your company is a Delaware corporation, you need a board of directors. Delaware law provides that the business and affairs of every Delaware corporation shall be managed by or…
What is a minute book? A company’s minute book is meant to capture and record the entirety of the company’s corporate governance history, starting with its original filings and under…
Although the executive officers (such as the Chief Executive Officer and Chief Financial Officer) generally handle the day-to-day operations of the business, the board of directors is ultimately responsible for…
Corporations are distinct legal entities owned by their stockholders. Unlike a partnership, a corporation may be owned by a single person who may (but need not) be the corporation’s sole…
What Is Founder’s Stock? In US startups, “Founder’s Stock” refers to the equity interest that is issued to Founders (and perhaps others – also check out my article Who is a…