Myth-Busting for Startups in Silicon Valley
201508.21
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Myth-Busting for Startups in Silicon Valley

The Bay Area, and particularly Silicon Valley, is home to more startups than virtually any other region in the country. Thousands in this area are working on the “next big thing” that will hopefully change the world (and make them wealthy in the process). To be successful in a startup, however, you need more than just a great idea;…

201412.10
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Adequate Capitalization – Keeping the Corporate Veil Intact

One of the most important aspects of maintaining the protections of corporate status is making sure that the corporation is “adequately capitalized” both upon its formation and during its existence. Adequate capitalization is a technical legal issue that can’t be fully covered in a blog post, but the main thing business owners who choose to…

201402.05
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Corporate Records: An Ounce of Prevention

Many small businesses choose to form corporations through which to operate because of the limited liability afforded to corporate shareholders.  This is a wise choice, but merely incorporating is not enough.  In order to actually enjoy the ongoing protections of limited liability, California law requires corporations to keep certain records.  This is true regardless of…