IntenseDebate - Saul Lieberman

13 years ago @ Don Dodge on The Next ... - Will Facebook have an ... · 0 replies · +1 points

thanks

13 years ago @ Don Dodge on The Next ... - Will Facebook have an ... · 2 replies · +1 points

Thanks for posting this.
I assume that all of the appreciation on the exit would be ordinary income. Can you tell us a bit more about "the stock isn't actually transferred "? Does that mean that FB can no longer repurchase but the employee has no rights in the stock until an exit? And that is apparently good enough for the IRS?
Thanks again.

13 years ago @ Feld Thoughts - Are Storytellers The B... · 0 replies · +1 points

I don’t know if good storytellers also make the best lawyers, but… good legal writing should aim to tell a story. That’s probably obvious when writing a prospectus or a brief. But it can also be applied to writing almost any agreement. The result is a more readable and better organized agreement,; the agreement is also less likely to be repetitive or omit a provision.

14 years ago @ MYBLOG by Ouriel - ouriel.typepad.com/myb... · 0 replies · +1 points

If FriendFeed was an israeli company not one single VC would have put money on this company. Me included.
Why not?

14 years ago @ Mendelson's Musings - Are the Cultures of La... · 0 replies · +1 points

Law firms were also identified as WASP, Jewish, etc. As management and hiring becomes more driven by economic opportunity and less by the idiosyncrasies of a few controlling partners, firms in the same industry will become more homogeneous.

15 years ago @ VC Adventure - dotting i's and c... · 0 replies · +1 points

Even if things go great, especially if things go great, a future investor, strategic partner or acquirer is going to demand those documents.

15 years ago @ Mendelson's Musings - Time to Reboot Venture... · 0 replies · +1 points

Making venture financings easier to complete is a worthy goal. But Jason's post and Yokum's comment indicate that it won't be easy.

Yokum's suggestion of a commonly understood standard is probably much more realistic. I'd like to suggest taking it in a slightly different direction.

When I was a leasing lawyer in NY (ummm, 15 years ago), there was a Blumberg standard form for office leases. Perhaps at first it was actually signed as is. In my time, the Blumberg form was used for smaller deals together with a rider developed by each law firm which overrode certain provisions or added to them. While the rider mechanism limited the benefits of the standard form, it certainly cut down on the time necessary for the other side to read and comment on the document.

The NVCA (or Techstar) documents could be used as an "initial form" right now. Issues of bias or overinclusion would be irrelevant.

15 years ago @ Mendelson's Musings - Law Firm 2.0 – R... · 0 replies · +1 points

Outsourcing is already "here" in Israel.
US expatriate lawyers, educated and trained in the US, provide first line legal services to US clients. In some cases, the lawyers maintain a relationship with their former US law firms. (Disclosure: I am a corporate and technology lawyer based in Jerusalem and work with US startups and investors.)

15 years ago @ Paul Kedrosky: Infecti... - Bank Nationalization a... · 0 replies · +1 points

And I thought they just wanted to add the words "First National" to the name of the bank

15 years ago @ Mendelson's Musings - Footers on Your Presen... · 0 replies · +1 points

Yeah, but --

Ideas, procedures, methods, systems, processes, concepts, principles, discoveries (as distinguished from a description, explanation, or illustration) are not protected by copyright. My guess is that the value in the presentations that we are talking about is in the ideas, methods, etc -- which are not protected by copyright.

But sure, it doesn't hurt (unless it lulls you into thinking that you've protected your ideas, etc).

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