So far, lots of drinks and a great view:
17:52 Things are heating up:
18:14 Talk has started. A broad brush overview of what you have to do to start a business. Half the audience is currently involved in starting a new company.
18:19 Considering the life cycle of an entrepreneurial business. Revenues resemble an inverse bell curve. (i.e. MBM recognises that startups have no budget?) Also, my Peroni is running low.
18:27 Partnerships (as a form of business) are still governed by a 19th century law. Did not know that. Also, limited companies, in practice, often offer little protection to startup founders because banks and others require personal guarantees. Lots of questions from the crowd.
18:41 Note to self: trademarks almost always trump trading names, even if a business with the name existed before the trademark. In other news, beer before pizza creates much jolliness.
18:55 In your shareholder agreement, a good leaver is someone who leaves your founding team early, but on good terms. For instance, if they die. Mysteriously.
19:03 I have always wondered whether lawyers are too paranoid about founders falling out with each other. It stands to reason that the bulk of a lawyer’s time will be spent on cases where there are conflicts between founders, while the true majority of cases might never need much legal support at all. Hmm.
19:24 Suggestion from the crowd: let’s pick a problem one of us is facing, and absolutely laser it to bits! Dug’s going to send out a survey for other suggestions.
20:57 And it ends thusly: three slices of pizza later, with lots of good socialising and a bottle of fizz.
P.S. You who were also there: what did you think? There are lots of startup events in Edinburgh; is Tech Law for Startups a needed addition, or was it not what you hoped?