How David helped set up a start up, contracts, shareholder agreements, manage investors and finally sell the company for big bucks

I am an entrepreneur and came up with a start-up that sets up car lease exchange – like a rentbreak, but for vehicles.

I met David at an event in New York City and I chose him as my lawyer. He set up all the company documents.  I sat with him and we talked about how I want to manage the company, how I planned to get investment and eventually sell the company. 

The original company was an LLC. It was a partnership, so I had to make sure everybody’s shares were represented equitably in the contract. David created an operating membership agreement between me and my partners. 

He also crafted agreements with the developers (I outsourced them in Belarus). 

I had to rely on David’s expertise in terms of governance. If somebody wanted to steal my idea in Belarus, I needed protection. 

After we got an investment, he helped with dilution of shares. David was involved in everything which was needed for the company. His services were invaluable.

I’m not a developer, but I am good at coming up with ideas and bringing them to the market. My goal was to sell to a bigger company, and I succeeded in that. I eventually had a viable product. I sold the technology and IP (intellectual property) to a Swiss company. Lots of companies would rather buy the tech than develop it themselves. 

I was happy with the amount of money I got, David largely handled the redistribution and the dilution of the shares. He was always always looking out for me, he has the type of personality that he goes an extra mile. He is super smart.