| STARTUP FORMATION
Secure funding with confidence.
We understand that to confidently stand in front of investors, you need a strong legal foundation. That's why we've created the Startup Formation Package, a comprehensive offering that not only brings your vision to life but also prepares you to meet investor scrutiny with ease.
Create the space for your business
to take off.
"After working with @VirtualCounsel, I suddenly found my company taking off. Everything I needed to do on the legal side of things was right at my fingertips and there was a team ready and willing to communicate with me about my business needs."
Adam Apollo
CEO, Superluminal Systems
Entity Formation
Ready to bring your business to life? We'll take care of the foundational legal paperwork so you can focus on building your business and pitching to investors with confidence.
Complete Delaware Corporate/ LLC Formation
Expedited Corporate Filing
Custom Founder's Agreements and Foundational Corporate Docs
Setup Support for Federal Tax ID (EIN), Corporate Bank Account, and HR/ Payroll
Cap Table & Equity Management
One comprehensive dashboard to manage your ownership percentages, valuations, data rooms, investor agreements, and more online – easily managing your equity as your company grows.
Complete online cap table set-up on Carta or Pulley
Issue founder share certificates and investor SAFEs; obtain IRS 409A valuations for compliant employee option grants
Strategize and plan for your next fundraising round with sophisticated pro forma and projection tools
Create a comprehensive investor portal and data room in one advanced software
Payroll set-up
@VC is partnered with Gusto – a popular and reliable online payroll platform. We'll take care of all the paperwork and ensure that your employees are set up correctly in the system, so you can focus on growing your business.
Full-service payroll including W-2's and 1099s
Hiring and onboarding tools
Next-day direct deposit setup
Integrations and reports for accounting, time tracking, expense management, and more
Fundraising strategy
With our fundraising strategy consultation, you'll be ready to take on pre-seed investors and pitch to angel and venture capital (VC) institutional investors for your Seed and Series A rounds.
Issue SAFE and Convertible Notes immediately to Friends & Family and Pre-Seed investors
Strategize with our experienced transactional counsel to plan for future fundraising rounds using advanced pro forma and projection tools
Create a comprehensive investor portal and data room in one advanced software
Corporate Formation
Founder Agreements
Fundraising
Equity Compensation
MSA / SOW
Deal Negotiation
Corporate Formation
Founder Agreements
Fundraising
Equity Compensation
MSA / SOW
Deal Negotiation
Cap Table Management
Hiring / Firing Employment Law
Contracts / Licensing
B2B Contracts
Terms of Service / Privacy Policy
Acquisitions
Cap Table Management
Hiring / Firing Employment Law
Contracts / Licensing
B2B Contracts
Terms of Service / Privacy Policy
Acquisitions
WHAT'S INCLUDED
Startup Formation Package
Feature
Description
Included
Entity Formation
We expedite the filing of your incorporation documents with Delaware so it's done efficiently and effectively.
Bylaws
With our well-established bylaws, you can ensure that your startup is structured in a way that aligns with your vision and protects your interests.
Initial Resolution(s) by Sole Incorporator, Board, and Stockholders
These documents are key to establish a clear governance structure for your company and are often skipped by startup founders. They serve to outline the initial decisions made by the board and stockholders, such as electing officers, adopting bylaws, and authorizing the issuance of stock.
Stockholder Agreement
This agreement helps prevent future disputes by establishing clear guidelines for decision-making, transfer of shares, and other important equity related matters.
Equity Incentive Plan
We provide a full suite of documents constituting your Equity Incentive Plan so you can have the flexibility to offer equity-based compensation to employees and advisors, helping to attract and retain top talent while aligning their interests with those of the company.
IP Assignment Agreement
This agreement is vital as it ensures that the company has complete ownership and control over the intellectual property, including patents, trademarks, copyrights, and trade secrets.
Independent Contractor Agreement
This agreement clearly outlines the scope of work, deadlines, and payment terms, while also ensuring that all intellectual property created by the contractor belongs to your business.
Employment Agreement
A must-have if you plan on hiring employees. This is a legally binding document between an employer and an employee that outlines the terms of their relationship, including compensation, benefits, responsibilities, and grounds for termination.
SAFE / Convertible Note
@VC will assist you in drafting and finalizing your SAFE / Convertible note to help your startup secure the funding it needs to succeed. These convertible instruments are often the fastest and easiest methods to allow an investor to invest money in exchange for the promise of equity at a later date.
Consultation Re: Fundraising Strategy
Whether you're considering equity crowdfunding, venture capital, or other funding options, our seasoned transactional counsel can help you navigate the legal complexities and make informed decisions that align with your business goals.
Consultation Re: 83(b) and 409(a)Strategy
Our counsel will discuss 83(b) and 409(a) planning strategies with you, which can help you navigate equity compensation issues and make informed decisions about your company's valuation and future.
Consultation Re: Foreign Qualification
If you plan to operate in multiple states, our counsel provides guidance and assistance with the process of obtaining a foreign qualification, ensuring compliance with state laws and regulations.
Consultation Re: EIN and Corporate Banking Setup
We help you to obtain a Federal Tax ID (EIN) so you can set up a corporate bank account and start operating right away.
Payroll Setup
@VC is partnered with Gusto1 – a popular and reliable online payroll platform. We'll take care of all the paperwork and ensure that your employees are set up correctly in the system, so you can focus on growing your business.
Online Cap Table Management
@VC is partnered with Carta and Pulley2 and will help get you set up with either one of these reliable online cap-table management softwares, based on your needs. Keep track of your ownership percentages, valuations, and more, making it easy to manage your equity as your company grows.
1,2
Free versions are available, and accounts that require upgrades enjoy discounts with our partners.
Meet the humans behind @VirtualCounsel
At @VC, we believe in the power of human connection. By working with real people, you can trust that your unique needs and concerns will be heard and addressed.
Daniel Goodrich
Founder & CEO
Daniel considers himself a "recovering corporate attorney." He built @VirtualCounsel along with the badass team you see here as his deepest expression of how the corporate world could be - a balance of business, tech, efficiency, and authentic human interaction. Daniel has been practicing law since 2012 and is licensed in California, Hawai'i, District of Columbia, and New York (pending).
Fun fact: Daniel is conversationally fluent in Spanish and drives from his home in La Jolla, CA south across the border to find uncrowded oceans as often as possible. It has been said he makes a mean margarita as well!
Fun fact: Daniel is conversationally fluent in Spanish and drives from his home in La Jolla, CA south across the border to find uncrowded oceans as often as possible. It has been said he makes a mean margarita as well!
Luis Barrios
Legal Assistant
Born and raised in Venezuela, Luis is an attorney himself. He graduated in 2016 from the Central University of Venezuela. He handles client outreach as well as internal administrative tasks that involve him in almost all areas of @VC.
Fun fact: Luis is a big time astronomy aficionado!
Fun fact: Luis is a big time astronomy aficionado!
Quin Revel
Managing Attorney
Quin has been instrumental in growing @VirtualCounsel from the solo practice it was when it first started to the powerhouse it currently is! He has been practicing law since 2014 and has a keen eye for the balance between business opportunity and legal risk, being able to communicate complex concepts in straightforward terms with clients so they can make smart decisions about their business.
Fun fact: Quin is a father of two and is hands down (arguably) the best surfer on the @VC team.
Fun fact: Quin is a father of two and is hands down (arguably) the best surfer on the @VC team.
Hayden Hargrove
Law Clerk
Hayden is a third-year law student at the University of San Diego. He attended undergrad at the University of New Mexico and will graduate from the University of San Diego School of Law in May 2023.
Fun fact: Hayden is a former college basketball player and diehard Boston Celtics fan.
Fun fact: Hayden is a former college basketball player and diehard Boston Celtics fan.
Saviana Kassab
Paralegal
Saviana is the MVParalegal here at @VC. She graduated from San Diego State University with a degree in Business Administration and completed her Paralegal Program at USD School of Law with honors. She is currently pursuing her JD and her MBA.
Fun Fact: Saviana is a new mom to baby boy Ryker, born June of this year!
Fun Fact: Saviana is a new mom to baby boy Ryker, born June of this year!
Kina Wong
Law Clerk
Kina graduated summa cum laude from Chapman University with a degree in Business Administration and is currently enrolled at the University of San Diego School of Law pursuing a JD.
Fun Fact: Kina studied abroad for a semester in Scotland and took up bagpiping lessons.
Fun Fact: Kina studied abroad for a semester in Scotland and took up bagpiping lessons.
Bre Ojala
Marketing Manager
Bre is the Marketing Maestro behind @VC. She graduated magna cum laude from San Diego State University with a degree in Business Marketing and has been creating beautiful communication assets with @VirtualCounsel since 2021.
Fun fact: Bre played Division I collegiate softball at the University of Hawai'i at Mānoa.
Fun fact: Bre played Division I collegiate softball at the University of Hawai'i at Mānoa.
Are you ready to launch your dream business?
Don't wait any longer – schedule your free consultation now and take the first step towards bringing your big idea to life.
