How do startup board seats work?

質問

I am about to incorporate my startup as a c-corp and I would like to know more about board seats in startups. How do I as CEO set the company up so that I keep control of the board after the incorporation? I guess a lot of startup founders are in this position so I would like to know general best practices from your experience, thanks!

回答: 1 公開 & 0 非公開

25da12c4d3
弁理士

Most jurisdictions allow corporations wide latitude to structure their management as they see fit. You can create the corporate entity and, through drafting the state filing papers (e.g., Articles of Incorporation) and ByLaws, identify yourself as CEO (or President) and board member, with the ByLaws or shareholder agreement identifying voting rights. Your interest in "keeping control" may be adverse to other founders or potential investors, of course, so the decision making of which you are referring is likely something that should be made multilaterally. Are you fronting most of the initial capital? Is the IP yours? Generally, your company charter (e.g., the ByLaws) is where boards, officers, voting, and other matters are detailed. "How" that will happen will depend on particular facts concerning your enterprise which are best left for a private conversation with local counsel.

最近の質問

Do people really steal invention ideas?

I sometimes see questions on forums like Quora about how to stop people stealing your invention i...

4 5386 2
Is interpretation of known historical facts protectable under copyright law?

I am looking for useful sources on protecting copyright. I am in the process of writing a book ba...

3 6115 2
Fair Use and news feeds

What is the current wisdom on compiling news feeds on a third party website so far as copyright i...

1 3962 0
Looking for good patent firm

How to find a good patent firm to help me apply patent in USA

3 4320 2
What constitutes 'prior disclosure'?

This might be a silly question but I’m a bit confused by ‘prior disclosure’ as it applies to pate...

2 4823 1

発明や知的財産について質問はありますか?
既存の質問を検索するか、専門家ディレクトリで専門家に直接お問い合わせ下さい。
(このページでは、新規の公開質問は受け付けておりません。)