What Is Qualified Small Business Stock (QSBS) in Washington, and Why Should Startups Know About It From Day One?
Qualified Small Business Stock (QSBS) is a powerful tax incentive under Section 1202 of the Internal Revenue Code that can be especially beneficial for startup founders and ear Read more....
FTC’s New ‘Click to Cancel’ Rule for SaaS Companies: What It Is and How to Stay Compliant
The Federal Trade Commission (FTC) has recently implemented a new rule known as the “Click to Cancel” rule, impacting software-as-a-service (SaaS) companies and other busin Read more....
Three questions to resolve before you enter a potential acquisition
One of my favorite parts about being an attorney at Foundry is the firm’s acquisition practice. Whether we are representing the buyer or seller, acquisitions are an exciting, Read more....
Hey, Foundry: what are your thoughts on not including a vesting schedule for our founder shares?
Email from a startup whose founders have been working on the company’s product for months prior to incorporating: “Hey, Foundry: what are your thoughts on not including a v Read more....
Hey, Foundry: Authorized Shares & Ownership
Email from a recently formed two founders start up: “Hey, Foundry, when you formed our corporation, I thought we had 10 million authorized shares. Why do we only have 4 milli Read more....
Washington State COVID-19 Business Resources
This post covers Washington State COVID-19 business resources and relief. COVID-19 is having an impact on all businesses throughout the State of Washington. Below is a brief li Read more....
Does my startup need Patent or Trade Secret protection on its IP?
One of my favorite responses to any question is: “I guess I’ll have to answer your question with another question.” It’s probably the reason people generally avoid me Read more....
What Makes a Good Privacy Notice?
A “Privacy Policy” commonly refers to what is technically a business’ “Privacy Statement” or “Privacy Notice”. The policy is made up of the internal and external Read more....
Make it a Policy to Protect Your Business From Privacy Threats
2016 will be remembered as the year that privacy became the buzzword small businesses took notice of. We saw the establishment of the first ever Federal Privacy Council this ye Read more....
Minors Making Payments: The Cost of Violating COPPA & Easy Fixes to Make Now
A Time Old Tale: A Founder’s (Frenetic) Internal Thoughts 2 weeks to launch date. So many things to do. But first, another cup of coffee. Oh, but before that, let me ping th Read more....