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That's not too bad for younger children. I might have my 5 year old watch it. I'm just taking the 10 year old to the protests with me at this point. Pretty much any young kid will feel outraged if you try and explain racism and police brutality to them.
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Jun 10, 2020 22:45
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I grew up with news because my parents would watch network news every night. My kids are not growing up with news because of 1) streaming, and 2) I don't have cable and wouldn't have cable news on anyway. And they're not old enough to seek it out or to know to seek it out.
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Jun 10, 2020 22:53
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Look Sir Droids posted:I grew up with news because my parents would watch network news every night. My kids are not growing up with news because of 1) streaming, and 2) I don't have cable and wouldn't have cable news on anyway. And they're not old enough to seek it out or to know to seek it out.
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Jun 10, 2020 22:59
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My oldest will be 7 in a couple of weeks. I should figure something out before he skims YouTube and gets Alex Jonesed or something.
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Jun 10, 2020 23:12
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Grip it and rip it posted:Is there a historical individual that is/was considered the bane of the legal profession? Karl Llewellyn
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Jun 10, 2020 23:18
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Discendo Vox posted:Karl Llewellyn Richard Posner
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Jun 11, 2020 00:52
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homullus posted:Richard Posner Bill W.
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Jun 11, 2020 01:43
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Discendo Vox posted:Bill W. I appreciate this post.
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Jun 11, 2020 02:19
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missed opportunity to use the cleveland browns' "I feel that you should be aware that some rear end in a top hat is signing your name to stupid letters" response
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Jun 11, 2020 02:25
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Look Sir Droids posted:My oldest will be 7 in a couple of weeks. I should figure something out before he skims YouTube and gets Alex Jonesed or something. We don't let our kids watch YouTube unsupervised
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Jun 11, 2020 04:54
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Mine are 15 and 13 and I still review their YouTube usage religiously. Especially the 15 year old. The “this is why you aren’t allowed to watch PewDiePie” discussion was rough.
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Jun 11, 2020 05:28
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We've got a, uh, a something in the legal questions thread.
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Jun 11, 2020 05:47
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Yeah it's pretty neat.
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Jun 11, 2020 06:35
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If they make their own thread they can be the new zaurg.
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Jun 11, 2020 06:42
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Law Megathread: I'm honestly surprised people as stupid as you can be lawyers but hey, whaddayaknow.
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Jun 11, 2020 06:45
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nm posted:Law Megathread: I'm honestly surprised people as stupid as you can be lawyers but hey, whaddayaknow. I mean this is a variant of the pep talk I give pre-bar exam students: “Michael Cohen managed to pass the bar. You too can meet that low low threshold.”
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Jun 11, 2020 06:50
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evilweasel posted:the margins on this are personally offensive to me what the hell is the formatting on the last page Many in-house lawyers are shoehorned into using corporate letter templates that were made by some graphical designer drinking their tall venti sugar-free caramel macchiatto latte with extra almond cream and organic sugar who's never opened Word up to being told to design a letter template.
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Jun 11, 2020 08:30
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Discendo Vox posted:We've got a, uh, a something in the legal questions thread. Truly, something awful
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Jun 11, 2020 08:52
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Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: O/U on how long until EW gets put back in free speech jail (bets must be in by 5:00pm CT) - 36 hours O/U on how long his next prob is for - 25 hours
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Jun 11, 2020 15:08
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I would ask what got him the proby, but I'm sure it was not at all offensive or spicy.
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Jun 11, 2020 15:11
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Look Sir Droids posted:I would ask what got him the proby, but I'm sure it was not at all offensive or spicy. "backseat modding" lol
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Jun 11, 2020 15:19
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does it really take 10k to incorporate a LLC properly? a neighbor was just asking me about this a few days ago, some friends of his were each looking to put 50k into a business together but were worried about legal costs . I don't know anyone at all in that world and was going to ask my friend with his board game company on how much he spent to incorporate but I'm betting he did it ultra cheaply and it'll bite him in the rear end someday (for what it's worth, his kickstarters keep pulling in 1-300k but once he makes it big i'm sure his investors are going to want a payout, immediately, and I dont think he's ready for that)
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Jun 11, 2020 15:35
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blarzgh posted:Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: O/U on how long until EW gets put back in free speech jail I'm going to give him a generous 72 hours with a +/- of 6 hours from this post. O/U on how long his next prob is for I'm gonna go with a solid 7 day probie
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Jun 11, 2020 16:01
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mastershakeman posted:does it really take 10k to incorporate a LLC properly? a neighbor was just asking me about this a few days ago, some friends of his were each looking to put 50k into a business together but were worried about legal costs . I don't know anyone at all in that world and was going to ask my friend with his board game company on how much he spent to incorporate but I'm bettingy he did it ultra cheaply and it'll bite him in the rear end someday (for what it's worth, his kickstarters keep pulling in 1-300k but once he makes it big i'm sure his investors are going to want a payout, immediately, and I dont think he's ready for that) Depends on the LLC of course but if you are planning on accepting venture capital and working with IP within a regulated industry you’re going to want more than simple articles and a basic operating agreement.
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Jun 11, 2020 16:09
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mastershakeman posted:does it really take 10k to incorporate a LLC properly? a neighbor was just asking me about this a few days ago, some friends of his were each looking to put 50k into a business together but were worried about legal costs . I don't know anyone at all in that world and was going to ask my friend with his board game company on how much he spent to incorporate but I'm betting he did it ultra cheaply and it'll bite him in the rear end someday (for what it's worth, his kickstarters keep pulling in 1-300k but once he makes it big i'm sure his investors are going to want a payout, immediately, and I dont think he's ready for that) Really depends on what the business is, what they are going to do with the business, how many members there are, is it member/manager LLC, etc. You could incorporate an LLC for the costs of a filing fee, maybe spend a thousand on an operating agreement, and be fine, or you could end up spending a bunch to work out contingencies in advance. I mentioned $10k because I don't want to deal with people that don't have the money to pay me
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Jun 11, 2020 16:10
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mastershakeman posted:does it really take 10k to incorporate a LLC properly? a neighbor was just asking me about this a few days ago, some friends of his were each looking to put 50k into a business together but were worried about legal costs . I don't know anyone at all in that world and was going to ask my friend with his board game company on how much he spent to incorporate but I'm betting he did it ultra cheaply and it'll bite him in the rear end someday (for what it's worth, his kickstarters keep pulling in 1-300k but once he makes it big i'm sure his investors are going to want a payout, immediately, and I dont think he's ready for that) What's the typical margin on a board game? I'm not sure why there's a need for investors at all as I assume it's pretty decent if it's not heavily commercialized like monopoly and poo poo, which I'm guessing bc there are multiple Kickstarters
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Jun 11, 2020 16:11
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mastershakeman posted:does it really take 10k to incorporate a LLC properly? a neighbor was just asking me about this a few days ago, some friends of his were each looking to put 50k into a business together but were worried about legal costs . I don't know anyone at all in that world and was going to ask my friend with his board game company on how much he spent to incorporate but I'm betting he did it ultra cheaply and it'll bite him in the rear end someday (for what it's worth, his kickstarters keep pulling in 1-300k but once he makes it big i'm sure his investors are going to want a payout, immediately, and I dont think he's ready for that) For a 3 member, relatively small ($150k qualifies) capital investment LLC I might end up charging 3-10k depending. If you need promissory notes, stock pledge agreements, General Partnership etc. on top of your AoIs, meeting minutes, operating agreement.
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Jun 11, 2020 16:29
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Yeah, it really varies. My dad and uncle did up an LLC for their beach cabin and it probably cost less than a grand because they wanted the OA to have provisions about paying upkeep costs, taxes, possible capital calls, etc. All pretty standard and easy stuff but easy to overlook for a family beach house. If they'd done it themselves on LegalZoom it probably would have been fine. On the other hand if you're putting together an LLC to accept angel investors or venture capital you want to spend more because you need more bells and whistles. Provisions to protect a certain percentage of founder equity while still making room for angels/VC to buy ownership in exchange for cash, controls on debt, different member/manager arrangements to (again) set the balance of power between the founders and capital, escape hatches for the various interests, yadda yadda. Like, if captain youtube there is just putting together an LLC to do his own thing for a while and plans to hire lawyers to draft up any agreements with investors, the lawyers should have him redo the LLC documents at the same time he's taking the cash. Meaning he'll spend the legal fees then and it's (maybe) okay. But he's probably already hosed something fundamental up like failing to put the relevant IP in the LLC as opposed to keeping it personally, so there's even more to untangle when he goes to take investor money.
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Jun 11, 2020 16:54
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blarzgh posted:Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: Are these even money lines? I'd take the under on both, personally, unless the over is +200 or something larger.
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Jun 11, 2020 18:17
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Arcturas posted:But he's probably already hosed something fundamental up like failing to put the relevant IP in the LLC as opposed to keeping it personally, so there's even more to untangle when he goes to take investor money. Lol at the thought that he’ll ever get that far.
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Jun 11, 2020 18:21
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blarzgh posted:Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: Under, under.
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Jun 11, 2020 18:50
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blarzgh posted:Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: Under and over.
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Jun 11, 2020 19:11
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blarzgh posted:Ok so EW ate a 6'er two days ago in the General Election thread, and now DV is sitting out a 24. Here are the betting lines: Over, under. The mods are simpering and weak.
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Jun 11, 2020 19:23
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Arcturas posted:Yeah, it really varies. My dad and uncle did up an LLC for their beach cabin and it probably cost less than a grand because they wanted the OA to have provisions about paying upkeep costs, taxes, possible capital calls, etc. All pretty standard and easy stuff but easy to overlook for a family beach house. If they'd done it themselves on LegalZoom it probably would have been fine. Neither here nor there, but I've never heard of a tech VC investing in anything in the U.S. that wasn't a Delaware C Corp unless it was specifically something weirder and presumably more expensive to setup (one of the weird social good corp things, pot or fintech startups trying to deal with regulation).
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Jun 11, 2020 19:30
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Arcturas posted:Yeah, it really varies. My dad and uncle did up an LLC for their beach cabin and it probably cost less than a grand because they wanted the OA to have provisions about paying upkeep costs, taxes, possible capital calls, etc. All pretty standard and easy stuff but easy to overlook for a family beach house. If they'd done it themselves on LegalZoom it probably would have been fine.
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Jun 11, 2020 22:21
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Ani posted:If you're going to raise outside capital you should be a Delaware corp (not an LLC). Also, while $10k isn't unreasonable for fees, most big firms with a startup practice will discount fees pretty significantly for startups, assuming your startup passes some minimum bar of not-suckiness, and will then recoup the fees after you raise capital. A) This is a reason I don't do business formation, but a good point. Still, you can reform from LLC to C Corp if needed. It'll just be a pain. B) Sure. $10k is the "annoying potential client" retainer/fee. I'd rather have someone emotionally prepared for that and then pleasantly surprised when it's less.
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Jun 11, 2020 22:45
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Ani posted:If you're going to raise outside capital you should be a Delaware corp (not an LLC). Also, while $10k isn't unreasonable for fees, most big firms with a startup practice will discount fees pretty significantly for startups, assuming your startup passes some minimum bar of not-suckiness, and will then recoup the fees after you raise capital. Ah, so THAT'S when you switch over to another firm. It's just like cable providers!
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Jun 12, 2020 01:51
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That fuckin owns
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Jun 12, 2020 02:21
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Hoshi posted:What's the typical margin on a board game? I'm not sure why there's a need for investors at all as I assume it's pretty decent if it's not heavily commercialized like monopoly and poo poo, which I'm guessing bc there are multiple Kickstarters really bad. the industry is tiny and super gossipy and bad reviews on forums can ruin companies when they're starting out. I know there's specific countries where he basically just eats a high cost of shipping so as to prevent bitching about $25 shipping and that can wreck his margins, because he'd rather not get dragged. Same goes for his employees at trade shows- actually have to pay them well so they don't destroy you later. how uncivilized! if he'd started out like 3 years prior he'd probably be making millions but by the time things got rolling the industry was incredibly crowded. I keep wondering at what point he's going to take the money and run since he puts in a ton of hours and hasn't made a cent. it almost sounds like a personal injury firm model - do bread and butter launches/cases to stay in business and hope you get that one big fish mastershakeman fucked around with this message at 02:27 on Jun 12, 2020 |
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Jun 12, 2020 02:25
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