Please register below.
All series are 5:30-7 p.m.
Students with an F-1 Visa can legally start businesses as well as work on a startup team. Come learn the details of how to do this without violating your student status.
Learn about the legal issues associated with raising capital through Friends and Family, Seed Funding and Series A, B, and C rounds, including:
- Structuring investments to maximize growth
- Funding from incubators/accelerators, government, and foundations
- Opportunities available through the JOBS Act
- Crowd sourcing and SEC regulations
Learn how to address the legal and business issues associated with investing in start-up companies, including strategies in negotiating valuation, founder and investor rights, vesting, management and exits. In this interactive workshop, participants will divide into two groups, investor startup, each working with an experienced lawyer. Both groups will decide independently on the terms they want and then come together for the negotiation led by the lawyers.
Learn about for-profit verses non-profit companies, social enterprise, hybrid and alternative legal models, including the Benefit Corporation, L3C's and Flexible Purpose Corporations. This is a MUST-ATTEND event for anyone interested in starting and running a company that blends profit with purpose!
Learn how to deal with intellectual property issues, including:
- Developing an IP strategy (do you always need that patent? are you patenting new IP?)
- What are copyright, patents, trademarks, and trade secrets
- How to protect your company's IP
- How not to infringe on another's IP
- How to handle IP created by class projects when one or more students want to pursue commercialization
- How to handle IP created by your employees, including non-compete clauses
- What to expect after filing a patent (time and expenses)
- Tips on searching the US Patent Office database
Learn about different legal entity structures and other startup formation basics, including:
- LLC v. C and S Corps;
* Splitting the Founder's Equity Pie
* Founder Agreements
The seminar will be followed by a workshop during which experienced startup counsel will oversee law students and startups, who will work together to develop a legal 'roadmap' on recommended entity structuring, operating agreement and other formation issues. To participate, startups must not yet have formed a company, and they must submit a current Business Concept Template to firstname.lastname@example.org by March 17. Law students interested in working with the startups should contact Stephanie Dangel SAD111@pitt.edu. A limited number of startups and law students will be selected to participate in the roadmap process. We will confirm your participation by 3/20. Note: startups are under no obligation to incorporate – this is just to help prepare for when the time is right to do so.
April 2, 2019
Preparing for an Exit
Pitt Barco Law Building, Room 107
Acquisitions are the most common form of exit. Learn how to prepare the company for sale, including the due diligence process, sale process and potential auctions, the role of investment bankers, tax implications, typical structures, including earn-outs, employment and non-competition obligations. Avoid the delays and complications by preparing for the sale at the beginning of the company formation.
April 23, 2019
Employees, Interns, Contractors & Volunteers
CMU, Newell-Simon Hall, Room 3305
Learn the in’s and out’s of staffing a company, including hiring of employees and/or retaining independent contractors, interns and volunteers, important terms of employment or retention, restrictive covenants, and the use of employee equity to attract and retain personnel.