Can an LLC use a SAFE?

The short answer is: That’s not what they were designed for. The longer answer is that you shouldn’t use a standard SAFE note to raise capital with an LLC, because it specifically contemplates a type of investment that LLCs cannot do. Namely, a priced, preferred stock round with a venture-capital firm. Most venture capital firms … Read More

How to Know if You’ve Found the Right Lawyer

How do you know if you’ve found the right lawyer? It should be obvious. As in, you should know within the first few minutes of talking to them. If, after a 15-minute conversation with a prospective lawyer, you don’t immediately see the potential benefits from that relationship, you should probably seek out a different professional … Read More

The One Thing People Who File Trademarks On Their Own Always Get Wrong

You don’t need to be an experienced attorney to file for a trademark. It’s not that hard. Don’t get me wrong: If you don’t know what you’re doing, there’s a good chance you’ll get it wrong. But it’s not that hard to do. You’ll have to spend a whole bunch of time online reading and … Read More