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Promise Legal Staff

Alex is a tech nerd trapped in an attorney’s body. Get in touch at txhq.org/blogcard

Fundraising & Financial Regulation

The Ultimate KYC Compliance Guide for Startup Founders and Legal Teams

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Executive Summary Know Your Customer (KYC) compliance is a cornerstone of financial regulation aimed at preventing fraud, money laundering, and terrorist financing. For startups—particularly those in fintech, crypto, and payment services—establishing robust KYC frameworks is crucial.

Summary of Key Worldwide Tariffs (May 2025)

Business Formation & Corporate Governance

Summary of Key Worldwide Tariffs (May 2025)

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... In May 2025, the global tariff landscape remains complex and dynamic. Major economies have broadly imposed tariffs across a wide range of import categories, with particular emphasis on steel, aluminum, automobiles, and select agricultural and technology products. These measures—

Future Legal Challenges in U.S. AI Regulation: Expert Guidance for High-Tech Startups

Future Legal Challenges in U.S. AI Regulation: Expert Guidance for High-Tech Startups

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... The accelerating development and deployment of artificial intelligence (AI) technologies have sparked a swiftly changing regulatory environment across the United States. For high-tech startups integrating AI systems, understanding and preparing for these evolving legal frameworks is a critical challenge.

Conceptual scene of a Texas contract for deed transaction with buyer, seller, and legal elements.

Startup Central

Navigating the Contract for Deed in Texas: A Legal Guide for Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction In Texas, a contract for deed – also known as a land contract – is a unique arrangement that allows buyers to finance property purchases directly through the seller, bypassing traditional mortgage routes. This form of seller financing is increasingly

Abstract image of a glass cylinder with interest symbols and equity shapes highlighting convertible note financing.

Fundraising & Financial Regulation

Understanding Convertible Note Interest Rates: A Legal Guide for Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction Convertible notes are a popular financing tool, especially for startups and emerging businesses that are seeking flexible funding options in their early stages. These instruments offer a way to convert debt into equity under certain predefined conditions, thereby

Minimalist illustration of convertible note liquidation preferences with investors, founders, and legal documents

Fundraising & Financial Regulation

Navigating Convertible Note Liquidation Preferences: A Legal Blueprint for Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction Convertible notes are a prevalent financing instrument for early-stage startups, offering a streamlined method to raise capital without the immediate need for an upfront valuation. Acting as short-term debt that later converts into equity—often during a subsequent

Central Texas Angel Network: Empowering Startups and Businesses with Investment and Legal Expertise

Fundraising & Financial Regulation

Central Texas Angel Network: Empowering Startups and Businesses with Investment and Legal Expertise

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction The entrepreneurial landscape in Central Texas is rich with innovation and potential. At the heart of this dynamic ecosystem is the Central Texas Angel Network (CTAN), a powerhouse that not only provides essential early-stage funding but also delivers

Startup team strategizing equity issuance with legal documents and stock allocation visuals.

Startup Central

Defining Issued Stock for Startups and Businesses You Navigate Equity Issuance

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction For startups and growing businesses, managing equity is a critical part of the financial and operational strategy. Issued stock, which represents the total shares a company has distributed to its owners – founders, employees, and investors – is more than

Illustration of Austin startup team and legal symbols amid creative tech and city skyline.

Startup Central

Amplifying Success: How an Entertainment Lawyer in Austin, TX Empowers Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction Austin, TX stands out as a vibrant and innovative hub, especially for startups and businesses within the creative and entertainment industry. The city’s dynamic blend of music, film, digital media, and cutting-edge technology has transformed it into

Modern office with businessperson reviewing financial reports illustrating transparency and compliance

Fundraising & Financial Regulation

Navigating the Exchange Act of 1934: How Expert Legal Guidance Empowers Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... The Securities Exchange Act of 1934, enacted in the aftermath of the 1929 stock market crash, has continued to serve as a cornerstone of securities regulation. This landmark legislation established a framework built on transparency, fair trading practices, and

Earnout Provisions: A Deep Dive for Startups

Startup Central

Earnout Provisions: A Deep Dive for Startups

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Definition and Purpose of Earnouts in Startup M&A Earnout provisions are contractual mechanisms in mergers and acquisitions (M&A) that tie a portion of the purchase price to the future performance of the acquired company.

Startup Central

How to Choose a Business Name: A Comprehensive Guide for Startup Founders and Attorneys

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction to the Importance of Business Naming for Startups Picking the right name is more than a creative exercise—it can make or break your brand’s market presence and legal standing. A strong name aligns with your

Minimalist workspace with laptop showing share classes and legal documents highlighting governance.

Fundraising & Financial Regulation

Unlocking Capital and Control: How F Class Shares Empower Startups and Businesses

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction In today's ever-evolving financial landscape, startups and burgeoning businesses are in a constant quest for innovative methods to raise the necessary capital, all while preserving the strategic decision-making power that is so crucial to their long-term

Diverse startup team collaborates around laptop showing colorful charts in modern workspace.

Startup Central

Managing Employee Underperformance in Startups

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Managing employee underperformance is a critical aspect of leadership in startups, where the impact of individual contributions is magnified. Effective performance management helps ensure every team member is aligned with the company’s goals, supporting growth and adaptability during

Glowing globe with colorful IP treaty icons connected by translucent, layered digital network lines.

Intellectual Property & Branding

Treaties Protecting IP Internationally

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... For startups, protecting intellectual property (IP) on an international scale is vital to securing competitive advantages, attracting investment, and expanding into new markets. Without adequate IP protection abroad, innovations and brand assets risk misappropriation or infringement, potentially undermining business

Young recording artist holds transparent advance check with label office and royalty flow icons behind.

Startup Central

How Recording Artists Don’t Pay Advances Back to the Label

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... In the ever-changing music industry, recording advances often seem like free money to artists—but the truth is more complex. For startups, music entrepreneurs, and entertainment attorneys, understanding how advances, royalties, and recoupment mechanics interact is crucial. This article

Converting an LLC to a C Corporation: A Comprehensive Guide for Startup Attorneys

Business Formation & Corporate Governance

Converting an LLC to a C Corporation: A Comprehensive Guide for Startup Attorneys

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction: Why Startups Consider Converting an LLC to a C Corporation Many fast-growing startups reach a tipping point where an LLC structure can limit fundraising, equity incentives and exit strategies. Research shows that 75% of startups convert to

A Startup Founder’s Guide to Commercial Real Estate: Leases, Purchases and Due Diligence

Startup Central

A Startup Founder’s Guide to Commercial Real Estate: Leases, Purchases and Due Diligence

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Commercial real estate is more than just a place to hang a sign or park a car. For startups, the right location, lease terms, and purchase strategy can make the difference between scaling smoothly and stumbling over unexpected costs

A Startup’s Guide to FTC Endorsement Guidelines (16 CFR Part 255): Ensuring Transparency in Endorsements and Testimonials

Startup Central

A Startup’s Guide to FTC Endorsement Guidelines (16 CFR Part 255): Ensuring Transparency in Endorsements and Testimonials

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction to the FTC’s Endorsement Guidelines The Federal Trade Commission (FTC) published the Endorsement Guidelines (16 CFR Part 255) to protect consumers from deceptive or unfair advertising practices. At their core, these guidelines require endorsements and testimonials to

Domain Name Trademark: What Startups Need to Know

Intellectual Property & Branding

Domain Name Trademark: What Startups Need to Know

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction: Why Domain Names Matter as Trademarks for Startups In the digital era, having a strong online presence is nonnegotiable for startups. Your domain name is often the first point of contact with potential customers, investors, and partners.

AI Startup Legal Checklist: Avoid These Costly Mistakes | 2025 Guide

AI Startup Legal Checklist: Avoid These Costly Mistakes | 2025 Guide

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction Artificial Intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn like humans. In recent years, AI has emerged as a critical technology for startups, providing innovative tools to improve operational

Generative AI Training, Copyright, and Fair Use: A Comprehensive Legal and Policy Analysis

Generative AI Training, Copyright, and Fair Use: A Comprehensive Legal and Policy Analysis

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Introduction: Setting the Stage for Generative AI and Copyright Law The increasing prevalence of generative artificial intelligence (AI), particularly large language models (LLMs), has unleashed a wave of innovations across a variety of sectors. However, this technological revolution brings

Corporate Commercial Law Essentials for Startups

Business Formation & Corporate Governance

Corporate Commercial Law Essentials for Startups

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... Launching and scaling a startup involves more than innovation—it requires navigating complex legal terrain. From choosing the right entity structure to safeguarding intellectual property (IP) and complying with securities regulations, founders and their attorneys must understand corporate commercial

Fund Formation Essentials: A Comprehensive Guide for Startups and Emerging Fund Managers

Business Formation & Corporate Governance

Fund Formation Essentials: A Comprehensive Guide for Startups and Emerging Fund Managers

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction to Fund Formation Startups and early-stage fund managers form investment vehicles to pool capital, diversify risk, and access a broader investor base. Funds enable systematic deployment of capital into a portfolio of assets—ranging from equity stakes

How to Write a Cease and Desist Letter: A Comprehensive Guide for Startups

Startup Central

How to Write a Cease and Desist Letter: A Comprehensive Guide for Startups

Table of contents Loading the Elevenlabs Text to Speech AudioNative Player... 1. Introduction A cease and desist letter is a formal request for an individual or organization to stop an activity that is infringing on your rights or harming your interests. It serves as a warning before taking legal action.