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Horse Sense in the Time of Unicorns

Co authored by Attorney Joe Boucher The language of business cliches 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 few years, […]

Better SAFE than…?

Co authored by Attorney Joe Boucher  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 operations like […]

The Myth of the Independent Contractor

Co authored by Attorney Joe Boucher 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 its stance […]

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 œLLC Trap Trap

Co authored by Attorney Joe Boucher 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. Some attorneys, […]

Outsiders [Sometimes] Make the Best Insiders, Part 2

Co authored by Attorney Joe Boucher 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 œWhy: outsiders bring experience, fresh perspective and, more often than not, excellent connections to the […]