Perkins Coie Emerging Companies Practice Launches startupPerColator
Website Dedicated to Assisting Start Ups with Legal Needs
(March 15, 2012) – Perkins Coie announced today that it has launched startupPerColator, a user-friendly interactive website that enables entrepreneurs to generate the legal documents needed to form a Delaware "C" corporation, free of charge.
Among others, available documents in the startupPerColator include a Certificate of Incorporation, Bylaws, Action by Written Consent of the Sole Incorporator, Action by Unanimous Written Consent in Lieu of the Organizational Meeting of the Board of Directors and an Action by Written Consent of the Stockholders. To aid founders in pursuit of funding, startupPerColator also offers users access to a free customizable term sheet generator that the firm developed based on National Venture Capital Association (NVCA) model documents.
“We launched this site to help entrepreneurs and investors start and grow great companies. Our startupPerColator provides entrepreneurs access to a free document generator and a blog with rich, dynamic content and helpful tips to guide companies through the start-up process,” said Buddy Arnheim, Chair of the Emerging Companies practice. Melanie Rubocki, Vice-Chair of the group added, “Instead of paying upwards of $25,000 for legal documentation and related counsel, a startup can use those funds to bring their ideas to fruition.”
Michael Glaser, practice group partner and a member of the firm's executive committee, commented "it is critical that we keep users informed about the various issues that affect startups. To that end, our startupPerColator provides users with information on the importance of business planning, building and nurturing relationships among founders, advisors and employees, and protecting intellectual property." At startupPerColator, users who want to stay informed about trends and best practices related to startup business planning, financing, trade secret protection and much more can subscribe to the Founder Tip of the Week blog. Content for the website is continuously updated by Perkins Coie Emerging Companies practice attorneys.
From incorporation to exit, Perkins Coie is committed to helping our clients build great companies. With a reputable practice that spans the U.S., China and Taiwan, attorneys in our Emerging Companies practice represent clients in a variety of fast-moving industry sectors, including Internet, software, digital media, life sciences, hardware, telecommunications and cleantech. The firm has handled thousands of venture financings over the years and has significant experience handling a variety of private debt and equity financing transactions for both emerging company and venture capital clients.
About Perkins Coie: Founded in 1912 in Seattle, Perkins Coie has more than 850 lawyers in 19 offices across the United States, China and Taiwan. The firm is celebrating its 100th anniversary of representing great companies ranging in size from start-ups to FORTUNE 50 corporations.