In the All Things Legal Phase of our Alumni Venture Seed Fund, our Genius Founders immersed themselves in a five-week legal accelerator designed to give them a deep understanding of founder agreements, entity formation, and trademark filings. With the support of our expert Phase Coaches, our entrepreneurs learned how to protect themselves from personal liability, while learning about elements of basic contracts, cap tables, and legal frameworks.
GENIUSES KEY TAKEAWAYS
Jahrai Haile, RICH4 Hidden Genius Alum
“The legal phase was instrumental in being able to understand all the legal procedures that go into starting a business. I enjoyed being able to connect with various lawyers and learning more about the legal aspects of starting and retaining a business.”
Imminent Victory, RICH1 Hidden Genius Alum
“The guest speakers taught us a lot of useful legal language, like bylaws and restricted stock. Restricted stock, for instance, ensures you are still invested in your business by gradually obtaining your shares.”
Paris Irving, OAK3 Hidden Genius Alum
“During the All Things Legal Phase, I was able to learn more about contracts and how they can bind two parties together and also understand how to terminate a contract.”
Elijah Hynson, OAK5 Hidden Genius Alum
“One concept we learned was the importance of separating your business finances from your personal ones. If you co-mingle your money and later get into a lawsuit with the bank or another company, they can put your assets on the line since it looks like you don’t take your business seriously.”
Click HERE to learn more about our Hidden Genius Alumni and their business ventures.
ALL THINGS LEGAL PHASE COACHES & GUEST SPEAKERS
Brandon Middleton-Pratt
Partner-Elect at Wilson Sonsini Goodrich & Rosati
Imani Ivery
Associate at Wilson Sonsini Goodrich & Rosati
Khalil Nobles
Technology Transactions Associate at Wilson Sonsini Goodrich & Rosati
