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Horse Sense in the Time of Unicorns

By Attorneys Joe Boucher and Drew Coursin The language of business clichés has evolved quickly since the advent of high-tech, high-growth startups.  The days of “betting on the right horse” have given way to the hunt for the elusive “unicorn” – in Silicon Valley parlance, the next overnight success with a billion-dollar valuation. In the last […]

Better SAFE than…?

By Attorneys Joe Boucher and Drew Coursin Are you a startup trying to raise money, but have a real aversion to debt instruments?  Or maybe an investor who doesn’t want your original cash back under any circumstances?  If so, then Y Combinator, the highly regarded seed accelerator whose stable of startup thoroughbreds includes little mom-and-pop […]

The Myth of the Independent Contractor

By Attorneys Joe Boucher and Drew Coursin The issue of misclassifying employees as independent contractors has been simmering for a while now.  Startups and established companies alike have had to take a hard look at their employment structures in light of recent high-profile litigation (*cough* Uber *cough*) and the U.S. Department of Labor’s reiteration of […]

King v. Burwell – The Supreme Court Ruled to Uphold the Affordable Care Act’s Subsidies

Written by: Attorney Jennifer Knudson On June 25, 2015, the United States Supreme Court published its decision in King v. Burwell.  In a 6-3 opinion written by Chief Justice Roberts, the Supreme Court upheld the availability of federal subsidies under the Affordable Care Act (ACA) for taxpayers who purchase health insurance on exchanges established by […]

Avoiding the “LLC Trap” Trap

By Attorneys Joe Boucher and Drew Coursin In the last twenty years, business owners and the attorneys who love them have both touted the limited liability company (LLC) entity as a flexible, tax-advantageous alternative to the traditional corporate model, and criticized it as an anemic younger sibling of the once and future C corp king. […]

Outsiders [Sometimes] Make the Best Insiders, Part 2

By Attorneys Joe Boucher and Drew Coursin In the first part of this post, we suggested that entrepreneurs look outside their own tightly-knit circles of founders and co-strugglers to include outside advisors in the startup process.  To recap, Part 1 contained the “Why”: outsiders bring experience, fresh perspective and, more often than not, excellent connections to […]