■ ■ Keep it in perspective. Try to
remember that the founders
of many successful startup
companies are not lawyers. It’s
your job to look out for them.
■ ■ Hone the focus. Startup
companies tend to “drum to
their own beat” and reject
protocols and traditional
procedures. Don’t get swept up
by the casual and entrepreneurial
spirit of the company.
■ ■ Build it yourself. In-house
counsel for startup companies
are generally hired early in the
company’s evolution, and have
the opportunity to help carve
out the legal department.
■ ■ Embrace the opportunity. You
should embrace the opportunity
to work for a startup, as it
could be a large multinational
organization in the future.
By David Felicissimo From Airbnb to Uber, young technology companies
are taking over verticals and completely redefining industries. Young
executives, who disdain suits and boardrooms, lead the companies. The
executives opt to walk to a coffee shop if they want to hold a meeting.
For an attorney, the informal nature of the business and the office can be
a shocking change.
This article offers practical tips and tools to a general counsel about to
embark on the adventure that is a startup — allowing one to adapt to the
culture and add value.