Key terms and concepts
Welcome to the Early Stage Legal Key Terms and Concepts pages. In the pages that follow, we hope to provide you with a fairly complete set of terms and concepts related to starting, funding, and growing your business. Check back often as we hope to update this section frequently.
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- Action By Incorporator
- Articles of Organization
- Authorization and Issuance of Equity
- Bootstrapping
- Burn Rate
- Bylaws
- Capital Calls
- Capital Structure
- Capitalization Table
- Certificate of Incorporation
- Dilution
- Double Taxation
- Employment Agreement
- Equity Incentive Plan
- Cliff Vesting
- Employee Stock Options
- Federal Tax ID
- Final Documents
- Fiscal Year
- Indemnification Agreement
- Intellectual Property
- Initial Board Consent
- Initial Manager Consent
- Initial Stockholder Consent
- Limited Partners
- Liquidity Event
- Market Size
- Market Share
- Member Consent
- Membership Interest Purchase Agreement
- Minimum Viable Product
- Naming Conventions
- Operating Agreement
- Partner Meeting
- Portfolio Company
- Pro-Se
- Registered Agent
- Reserves
- Runway
- Scalability
- Signing
- Skin In The Game
- State Filing Fees
- Statement of Organizer
- Stock Purchase Agreement
- Subchapter S Election
- Wiring