Posts Tagged ‘LOI’

Doing Deals – 3 Tips for Entrepreneurs (Part 1)

by Scott Edward Walker on July 13th, 2011

Introduction

I’ve been doing deals as a corporate lawyer for 17+ years, and there are certain fundamental mistakes that I’ve seen entrepreneurs make over and over again.  Accordingly, I thought it would be helpful to share three basic tips in connection with doing deals.  This is part one of a three-part series; it was originally posted on Forbes.

(more…)

Walker Twitter Highlights: December 5th – 11th

by Scott Edward Walker on December 12th, 2010

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship & startups, mergers & acquisitions, and business & corporate law issues.

For those of you who missed this week’s Twitter updates, below are my five most popular tweets (via bit.ly) and my blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here. Thanks, Scott

(more…)

Tips re Letters of Intent

by Scott Edward Walker on December 8th, 2010

Introduction

This post was originally part of my “Ask the Attorney” series for VentureBeat.  Please shoot me an email at if you have any questions.  Thanks, Scott

(more…)

5 Biggest Mistakes Entrepreneurs Make in Selling Their Company

by Scott Edward Walker on October 6th, 2010

Introduction

Mergers and acquisitions (M&A) are definitely starting to come back to life.  In fact, we’ve recently been retained on a couple of new sell-side, middle-market M&A transactions.  Accordingly, I thought I’d briefly share with you the five biggest mistakes I’ve seen entrepreneurs make in connection with selling their company, based on my 16+ years of M&A experience.

(more…)

“Ask the Attorney” – Selling a Venture

by Scott Edward Walker on May 12th, 2010

Introduction

This post is part of my “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs).  As the VentureBeat Editor notes on the site: “Ask the Attorney is a new VentureBeat feature allowing start-up owners to get answers to their legal questions.”  Below is a longer, more-comprehensive version of the VentureBeat post, which provides seven tips to entrepreneurs contemplating selling their venture.

(more…)

“Ask the Attorney” – Acquiring a Company (Part 1)

by Scott Edward Walker on April 28th, 2010

Introduction

This post is part of my weekly “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs).  As the VentureBeat Editor notes on the site: “Ask the Attorney is a new VentureBeat feature allowing start-up owners to get answers to their legal questions.”

I have two goals here: (i) to encourage entrepreneurs to ask law-related questions regardless of how basic they may be; and (ii) to provide helpful responses in plain English (as opposed to legalese).  Please give me your feedback in the comments section.  Many thanks, Scott

(more…)

Doing Deals in the New Decade: 7 Tips for Entrepreneurs

by Scott Edward Walker on January 20th, 2010

Introduction

This post is a longer, more comprehensive version of the post I wrote a couple of weeks ago for VentureHacks, one of the best websites for startups, in which I recommended five New Year’s resolutions for entrepreneurs.  Indeed, as I noted in that post, during my 15+ years as a corporate lawyer (including nearly eight years at two major law firms New York City), I have seen entrepreneurs make certain fundamental mistakes over and over again in connection with doing deals.  So what better way to welcome in the new decade than to provide seven basic tips for entrepreneurs.

(Message to all of my female clients and readers: (i) the term “guys” includes “gals”; and (ii) in tip #6, you can decide what the term “balls” includes.)

(more…)

Buying A Business: Ten Tips For Entrepreneurs

by Scott Edward Walker on October 6th, 2009

As I have previously noted, I was a corporate attorney for nearly eight years at two major law firms in New York City, and the majority of my work there was spent negotiating and documenting large mergers and acquisitions for multinational corporations, financial institutions and private equity firms.  When I moved here to California in 2005 and started focusing on representing entrepreneurs (which meant predominately middle-market M&A transactions), I was surprised to see how unsophisticated a lot of the players are; in short, it’s a different environment than New York.  Nevertheless, I love helping entrepreneurs, and I am trying to provide to them (via these blog posts) some legal tips and lessons I learned at the big firms in New York City.  Below are ten tips for entrepreneurs and founders who are contemplating acquiring a private company.  (more…)