Recent Posts

What’s The Difference Between S-Corps, C-Corps and LLCs?

Here’s some quick information on the difference between S-Corps, C-Corps and LLCs.  This is meant to be a summary rather than gospel; entire chapters have been written on this topic elsewhere. The first thing you should know is that people run their business through a corporation or limited liability company because they desire to limit their liability to third […]

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A Gift From An Entrepreneur

This article by Knowledge @ Wharton reminded me of good, old-fashioned selflessness.  Here’s the description provided by K@W: When Leonard Abess sold a majority stake in Miami-based City National Bank last fall, he did something very unusual. He took $60 million of that money and gave it out as bonuses to 399 current bank employees […]

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Wilson Sonsini Term Sheet Generator

Wow!  How much press can this thing get in the venture community?  Lots – and I think that was the whole point. Of course, I am talking about WSGR’s term sheet generator which was launched publicly a few weeks ago.  If you read WSGR’s web site, you get the impression that this tool is only part of a […]

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