Bay Area Business Lawyers | Primum Law

Business Law

Provisional Patent

Should I File a Provisional Patent Before I Show My Startup’s Technology?

Should I File a Provisional Patent Before I Show My Startup’s Technology? Your product is almost ready. A conference demo is coming up. Investor meetings are scheduled. A product launch announcement is drafted and waiting to go live. Everything feels aligned. Then someone asks a simple question: “Have you filed a patent application yet?” Many […]

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Terms of Service

Do I Need a Terms of Service or Customer Contract Before My First Customers Sign Up?

Do I Need a Terms of Service or Customer Contract Before My First Customers Sign Up? You are about to launch. The product is live. Customers are visiting the website. Someone is preparing to enter payment information and create an account. Then a question comes up: Do you actually need legal terms before customers start

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Can I Hire Employees in Another Country Through an Employer of Record?

Can I Hire Employees in Another Country Through an Employer of Record?

Can I Hire Employees in Another Country Through an Employer of Record? You found the perfect candidate. The problem is that they live in another country. Opening a foreign subsidiary to hire a single employee can take months, require significant legal work, and create ongoing compliance obligations. For an early-stage startup, that often feels unrealistic.

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Fund's Clawback Provisions

Can I Claw Back Carry From My Fund Manager If Later Deals Go Bad?

Can I Claw Back Carry From My Fund Manager If Later Deals Go Bad? Your fund had a great start. Two portfolio companies exited early and generated strong returns. The General Partner (GP) carried interest distributions, and everyone seemed pleased with the results. A few years later, the picture looks different. Several remaining investments underperform.

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Venture Capital

An Investor Wants to Fund Me Through an SPV. What Does That Do to My Cap Table?

An Investor Wants to Fund Me Through an SPV. What Does That Do to My Cap Table? You are raising a financing round. A prospective investor offers to participate through a Special Purpose Vehicle (SPV). Instead of dozens of individual investors appearing on your cap table, only one entity will hold the shares. The investor

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Change-in-Control Provisions

How Do Change-in-Control Provisions Affect Employees During an Acquisition?

How Do Change-in-Control Provisions Affect Employees During an Acquisition? Your company is in acquisition discussions. The buyer’s legal team is reviewing employment agreements, equity grants, and executive compensation plans. During diligence, they identify an issue: several members of your leadership team have single-trigger acceleration provisions. Suddenly, a clause that seemed harmless when it was signed

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Zombie Fund

What Is a Zombie Fund and What Rights Do Limited Partners Have When a Fund Stops Investing?

What Is a Zombie Fund and What Rights Do Limited Partners Have When a Fund Stops Investing? You invested in a venture fund expecting a fairly predictable lifecycle. The General Partner (GP) would deploy capital, support portfolio companies, pursue exits, distribute proceeds, and eventually wind down the fund. Years later, the fund is still operating.

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Distribution Waterfall

What Is a Distribution Waterfall in a Venture Fund and How Does It Affect My Returns?

What Is a Distribution Waterfall in a Venture Fund and How Does It Affect My Returns? You invested in a venture fund several years ago. One of the portfolio companies just announced a successful exit. Headlines are positive, the valuation looks impressive, and you start expecting a meaningful distribution. Then the distribution arrives. The payment

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Startup Acquisitions

How Do the FTC’s 2026 Merger Enforcement Changes Affect Startup Acquisitions?

How Do the FTC’s 2026 Merger Enforcement Changes Affect Startup Acquisitions? Many founders approach acquisitions with a simple assumption: If the transaction falls below the Hart-Scott-Rodino (HSR) Act filing threshold, there is little antitrust risk. That assumption has never been entirely accurate. In 2026, it may be particularly dangerous. Over the past year, merger enforcement

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Controlled Foreign Corporation

What Is a Controlled Foreign Corporation and How Can a Foreign Subsidiary Affect My US Taxes?

What Is a Controlled Foreign Corporation and How Can a Foreign Subsidiary Affect My US Taxes? Your startup is growing internationally. To support customers abroad, you establish a subsidiary in Ireland, Singapore, or another business-friendly jurisdiction. The structure seems straightforward. The foreign company handles international operations while the US parent company focuses on domestic growth.

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ITAR

What Is ITAR and When Does My Startup’s Technology Trigger Export Control Compliance?

What Is ITAR and When Does My Startup’s Technology Trigger Export Control Compliance? Your startup develops software. You hire a talented engineer on an H-1B visa, share technical documentation through a cloud platform, and collaborate with contractors located in multiple countries. None of those activities feels like exporting technology. Under US law, some of them

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Key Man Clause

What Is a Key Man Clause and Why Do Investors Want One in Startup Financing?

What Is a Key Man Clause and Why Do Investors Want One in Startup Financing? You receive a term sheet from a lead investor. The valuation looks reasonable. The board structure seems manageable. Most of the economics align with what you expected. Then your attorney points to a provision buried in the governance section: a

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Trademark

When Should My Startup Apply for a Trademark and What Happens If I Wait Too Long?

When Should My Startup Apply for a Trademark and What Happens If I Wait Too Long? Most founders think about trademark protection after launch. The product is live. The logo is finalized. The website is generating traffic. Customers are beginning to recognize the brand. Only then does someone ask whether the company should file a

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EU AI Act

How Does the EU AI Act Affect a US Startup After the 2026 Deadline Changes?

How Does the EU AI Act Affect a US Startup After the 2026 Deadline Changes? The European Union recently pushed back several important Artificial Intelligence (AI) Act deadlines. Many founders saw the headlines and assumed they could stop worrying about compliance for a few more years. That would be a mistake. While certain implementation dates

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Co-Founder

What Happens to My Co-Founder’s Equity If They Leave Before We Raise Money?

What Happens to My Co-Founder’s Equity If They Leave Before We Raise Money? Your co-founder helped build the first version of the product. They joined customer calls, worked late nights, and owned a meaningful piece of the company. Then, eight months after incorporation, they decide to leave. Maybe they accepted another job. Maybe the working

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