Get This Right From Day One

Core Principle: Legal = Your DBA. Technical debt haunts you. Legal debt destroys you.

Why Legal Matters

❌ Without Proper Legal

• Equity disputes: "I thought I owned 50%!"
• IP issues: Former employer claims ownership
• Cap table chaos: Can't raise because ownership unclear
• Tax penalties: Didn't file 83(b) election on time

✅ With Proper Legal

• Clean cap table: Everyone knows who owns what
• Protected IP: Company owns all code/IP
• Investor-ready: Can raise capital without fixing mess
• Peace of mind: Sleep at night

Timeline: What to Do When

Week 1      →  Incorporate (Delaware C-Corp)
Day 1       →  Vesting agreement
Before code →  IP assignment
First hire  →  Offer letter + equity docs
Fundraising →  SAFE docs (YC template)

Day 1: Core Company Formation

1. Incorporate (Delaware C-Corp)