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Ask HN: Forming a new startup based on old one

1 点作者 dimmke大约 1 年前
I used Stripe Atlas to create a Delaware C Corp and it came with all the attendant documents about shares vesting etc...<p>I ended up dissolving and moving to an LLC. But now I&#x27;ve decided I <i>do</i> want to try to raise money (at least a seed round) and I don&#x27;t want to just use the standard Stripe Atlas contract, considering I&#x27;ve already put a year and a half of work in developing the software.<p>Should I just approach a lawyer that specializes in this sort of thing? I want something that will be easy to put on AngelList but doesn&#x27;t start me from zero.

3 条评论

swampthing大约 1 年前
Does the LLC own any of the IP? If it was set up correctly, it would, and you&#x27;d need to work with an attorney to convert the LLC to a C corporation. There&#x27;s no online service I&#x27;m aware of that can do that safely.<p>When you&#x27;re issuing yourself shares, you can have the attorney make the start date of the vesting backdated to account for the work you&#x27;ve already put in. E.g. you can backdate the vesting start date to a year and half ago.
adastra22大约 1 年前
If you are raising money, the investor is going to want to restart your vesting anyway and its a huge red flag if you aren&#x27;t ok with that.<p>Just start a new C Corp and use your developed IP to buy your shares. If you are the sole owner of the LLC, this should be a simple transaction.<p>(I am not a lawyer though, and especially I&#x27;m not your lawyer. You should get one.)
评论 #39857524 未加载
dustingetz大约 1 年前
what don’t you like about the standard Atlas docs? iirc your founder stock purchase agreement will purchase pre existing IP in exchange for your founder shares