Session Two: Incorporating Your Edtech Company
Facilitator(s): Lawrence Gennari, Corporate Finance Lawyer, Gennari Aronson, LLP
Launching a product/service, having more than one founder, building credit, a desire to be acquired, being approached by VCs, seeking funds and even a desire to invest back in an edtech company are just some of the considerations in choosing an entity. No matter if you are in a strong U.S. market – like Silicon Valley, Chicago, New York, Boston or in the international market – it is important to understand the legal ramifications in launching here versus there, and why it is so important you explore the ways edtech companies can trip up when incorporating their businesses.
During this session, participants will:
- Explore why and when you might want to incorporate a limited liability entity (LLC or corporation) for your business
- Examine how you can protect your personal liability, assests and intellectual property
- Identify ways ownership can be distributed