"Founders of startup businesses work months and years towards proving that their business concept is viable. They invest their time and money, raise some capital (often from family and friends) and finally reach the stage at which a signiicant investor, such as a strategic or venture capital fund, is ready to provide the capital the owners need to take the company to the next level."
In this article, "4 Compensation Mistakes Made by Startups," published in Law360 on February 7, 2011, Mintz Levin Employment attorney David R. Lagasse details four mistakes he sees startup companies making that are often uncovered at that critical first stage financing.
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