Wow, lots of questions here. Let me try to hit them in order: "Should I get a job or find investors?" IF you have access to enough investor capital (not debt and not your savings) and you can get to MVP and still maintain ownership of a sizable majority of the business then do it. IF that...
I would look to see what stage you're at as a start. I've ben through this many times. 1. First study the VC and the partner 2. See what else he has invested in 3. They may be looking to round up their vertical with something similar or to acquire smaller players. If you're not a competitor, ...
The contract is governed by the state in which the "Subject" of the contract will operate If the Subject should change operating location then the governing body changes. This applies to state laws of course, but not federal laws for obvious reasons.
I'm not the right guy to evaluate your project as a business model. If, however, you do decide it's viable and want to give it a whirl, let's talk about naming, branding, and explaining your startup. That's where I come in.
Before I get to your question, let me give you a tip: always aim settle questions of payment before the work happens. It is ten times easier to agree on a price beforehand, and having done that doesn't stop you from changing it by mutual agreement later. The problem with paying cash is pretty ob...
You're confusing partnerships and corporations. If someone owns 10% of a corporation they are simply a shareholder. Many people create corporations and refer to themselves and other founding shareholders as 'partners.' This may be the source of the confusion. A partnership (general or limited...
Assuming when you say 'vest' you actually mean exercise. It's sounds like an investor doesn't believe you will execute without the extra incentive. I'm not a fan of tranches of any form, but sometimes you gotta do what you gotta do. Also, you didn't mention the strike price, so no way to know if...
I have been involved in many private companies from startups to large cash flowing enterprises. Lets start with what many companies find useful at the outset-negotiate and execute a shareholders agreement that establishes rights and responsibilities of the founders in case of events like this. S...
Almost every day people come to me to help him/ her find a purpose. Many had tried defining life mission, set SMART goals, develop strong passion, the law of attraction, you just name it ... but the outcome is unsatisfactory. There are a few challenges that keep holding them back: 1. the purpo...
Finding a bank for your LLC's needs will largely depend on the specific requirements of your business, your location, and other factors. Here are some banks in the U.S. that are well-regarded for their business banking services. 1. **Chase Bank**: Chase offers a variety of business checking acc...