Corporate Securities Attorney | Financial Advisor

Do companies ever do anything for employees in terms of helping them purchase options when they leave the company?

Answers by Chris Barsness on Quora — Mon, 25 Feb 2013 19:32:01 +0000

Chris BarsnessI agree with Damion below, cashless or net-issue exercise options and notes can be used, but you have to determine fair market value of the stock. One of the biggest issues for the employee also has to do with their own tax consequ... Continue reading →

Who are the top ten lawyers in Silicon Valley who are set to become experts in equity based crowdfunding?

Answers by Chris Barsness on Quora — Mon, 25 Feb 2013 19:15:47 +0000

Chris BarsnessThanks for asking me to answer, but I can't really give an answer either. Any "crowdfunding" involves securities, finance, and corporate law, but is just a new name to what startups have been trying to do for years.&... Continue reading →

What are the best practices for managing Terms of Service (ToS) for a SaaS company?

Answers by Chris Barsness on Quora — Wed, 31 Oct 2012 00:47:41 +0000

Chris BarsnessYou should also keep up to date with E-sign and other laws or potential legislation related to online contract formation and retention of records. TOS don't mean much if you can't legally prove they have accepted the term... Continue reading →

Is Funder’s Club in violation of current securities laws with their investment-based crowdfunding model?

Answers by Chris Barsness on Quora — Wed, 31 Oct 2012 00:08:22 +0000

Chris BarsnessAlthough I don't know all the specifics of how they structure everything, since I was asked to answer, I will put in my two cents based upon what I know about their company/structure (like most frustrating attorney answers, the jist... Continue reading →

What are the differences between incorporation documents prepared by top Silicon Valley law firms and law firms elsewhere in the United States?

Answers by Chris Barsness on Quora — Tue, 30 Oct 2012 22:48:49 +0000

Chris BarsnessThe cover letter for the documents has a Palo Alto address on their ivory 25% cotton linen 20 lb. bond paper letterhead with custom firm watermark.In all seriousness, the firms in SV (and NYC area as well) are generally going to be more ... Continue reading →