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Since Cynthia and Mercedes are partners at CynMerc, they will charge a management fee of about 2 percent to the limited partners in order to pay their own salaries, and the salaries of the associates and the support staff (you).
Bradley Miles • #BreakIntoVC: How to Break Into Venture Capital And Think Like an Investor Whether You're a Student, Entrepreneur or Working Professional (Venture Capital Guidebook Book 1)
This is clearly absurd. If a plaintiff w 9 shares that actually made money (no harm) can lead to a $345mm legal fee, every company in Delaware is at risk and will be targeted. Everyone should change domicile as soon as possible. Takes derivative suits into a whole new plane.
Bill Gurleyx.comS L P M A N A G E M E N T @slpmanagement
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Winter Mead of Coolwater on Building the YC for GPs
youtube.comForm an LLC:
Register with Secretary of State (generally fee is <$200)
Choose agent (yourself, your office, professional agent)
Apply for EIN (to prevent requiring your SSN on tax forms)
Apply for business insurance
Track your spending, to write it off on Schedule C tax form
Join local chamber of commerce
FT: Burford Capital seeks to buy equity stakes in US law firms $BUR https://t.co/aa6wqlnhc8