Praise for Lifecycle of a Technology Company"Lifecycle of a Technology Company is a comprehensive business and legal handbook for all but the most experienced technology entrepreneurs. I shared my copy with a few colleagues at MIT who have either started or are contemplating launching their own companies, and I had a real problem retrieving it. The data supports my opinion that this book will attain 'handbook' status on the desks of technology entrepreneurs."-Dr. George B. Kenney, Associate Director Materials Processing & Microphotonics Centers at MIT"This book will help entrepreneurs avoid the pitfalls on the long road to success for venture-backed technology companies. It distills a lifetime of experience in advising technology companies in a concise and understandable way."-Howard Berke, Serial Entrepreneur and Venture Capitalist"Lifecycle of a Technology Company provides a valuable resource for lawyers at a variety of experience levels. The junior lawyer will use this resource for the basics. More experienced lawyers with a broad practice will use this for a 'sanity check' relative to market terms and business rationale. In the trenches, it will assist lawyers by providing practical, plain speaking explanations for why things operate as they do in the finance, intellectual property, and merger & acquisition segments of the technology world. If you expect to represent technology clients, keep this book nearby."-James O'Hare, Partner Kirkpatrick & Lockhart Preston Gates Ellis, Boston
Author(s): Edwin L. Miller
Edition: 1
Year: 2008
Language: English
Pages: 300
LIFECYCLE OF A TECHNOLOGY COMPANY......Page 6
CONTENTS......Page 10
PREFACE......Page 12
ACKNOWLEDGMENTS......Page 14
ABOUT THE WEB SITE......Page 16
FOUNDERS’ CONTRACTUAL ARRANGEMENTS AND MECHANICS OF THE INCORPORATION PROCESS......Page 18
CHOICE OF ENTITY......Page 48
STOCK OPTION PLANS AND OTHER EQUITY COMPENSATION ARRANGEMENTS......Page 54
EMPLOYMENT AGREEMENTS......Page 66
APPENDICES......Page 72
VENTURE CAPITAL FINANCINGS......Page 74
BASICS OF DEBT FINANCING......Page 107
BRIEF INTRODUCTION TO THE STRUCTURE AND OPERATION OF VENTURE CAPITAL AND BUYOUT FUNDS......Page 115
APPENDICES......Page 120
BASICS OF INTELLECTUAL PROPERTY PROTECTION......Page 122
LICENSE AGREEMENTS......Page 138
TECHNOLOGY LICENSING: ADVANCED TOPICS......Page 157
APPENDICES......Page 196
BASICS OF SECURITIES REGULATION FOR PRIVATE COMPANIES......Page 198
INITIAL PUBLIC OFFERINGS......Page 212
PUBLIC COMPANY REGULATION......Page 223
APPENDICES......Page 264
MERGERS AND ACQUISITIONS: STRUCTURING CONSIDERATIONS1......Page 266
OVERVIEW OF AN ACQUISITION AGREEMENT......Page 277
ADVANCED TOPICS......Page 287
APPENDICES......Page 309
INDEX......Page 310