Entries by Steve Masur

DAOs are the Punk Rock of Corporate Law

By Steven Masur and Lydia Amamoo There’s something new and amazing happening in corporate law. Decentralized Autonomous Organizations, or DAOs. DAOs represent an evolution of corporate law that moves at the exponential speed of technology. What is a DAO? In its simplest form, a DAO is a self-governing group of people who control a bank […]

Why DAO? What DAOs are, and Why People Form Them

   Driven entrepreneurs have the power to change the world. In this series, we interview founders who are making a difference by launching innovative products and services which are changing the landscape of business, finance, content creation, fine art, and more. In today’s interview, we answer your basic questions about DAOs (Decentralized Autonomous Organizations). […]

Corporate Formalities: Protecting Your Business’ Assets

By: Steve Masur Corporate formalities are steps that your business must take to ensure that your corporation remains legally distinct from its owners. The majority of these steps include keeping separate records for corporate activity, holding regular meetings for corporate directors, and maintaining a financial independent account for your corporation. You should be careful to observe […]

The Importance of Investor Updates

By: Gabriel Goldenberg & Natasha Harris, with comments from Steven Masur Leading angel investor Jason Calacanis’ Rule of Startups is “If your startup isn’t sending you monthly updates it’s going out of business.”  In other words, keeping your investors up to date on what you’re doing is crucial in generating investor engagement and building the […]

What to Do To Qualify For QSBS Exemption

By: Steven Masur, Tim Fisher, and Danielle Cerniello We recently analyzed whether entrepreneurs should close their LLC and open a corporation (more specifically, C-Corp) to reduce or avoid capital gains tax on the sale of their company under Section 1202 QSBS (qualified small business stock). In response, this article will take a deeper dive into […]

Protecting Your Business from Intellectual Property Theft

By: Steven Masur Intellectual property refers to the original creations of the mind. Such creations can include inventions, artwork, product names, written works, website content, computer programs, to name a few. Unfortunately, intellectual property is often plagiarized, and can be done so in many forms. For instance, one can pass-off the ideas or words of […]

Foreign Qualification and How To Do Business in Other States

By: Steve Masur If your company plans on doing business out of the state of formation, then you must register to do so. This process is known as foreign qualification and it’s pretty straightforward, but nearly always requires filing documents and paying fees. When forming a corporation or LLC, many people are confused about the […]

Devin Gilmartin, Tegan Maxey & Steff Vermeesch, Co-Founders of The Canvas Discuss Entrepreneurship, Sustainability in Retail, and More

Driven entrepreneurs with a great idea can have the power to change the world. In this series, we interview founders and CEOs that are making a difference by launching innovative products and services which are changing the landscape of business, finance, content creation, fine art, and more. Devin Gilmartin, Tegan Maxey & Steff Vermeesch are […]

NFTs: Boon or Burden for Artists and Investors?

By: Lauren Mack and Ilana Faibish NFTs (or Non-Fungible Tokens) are the latest blockchain-based craze to take over the Internet. Memes, tweets, sports highlights, Charmin toilet paper GIFs, and yes, even quarantine flatulence recordings have been minted into NFTs and sold. But while some artists may be making millions selling NFTs, many questions still remain […]