Story LLP · Knowledge

The founder’s law library.

Plain-English guides from the attorneys who build Story — fundraising, equity, formation, and working with lawyers.

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Founder DIY Guide

The step-by-step path through the legal work a new company actually has to do — free, and in order.

Fundraising

5 guides

Series A, explained

What it is, when it's time, and why Preferred Stock isn't just more stock.

Guide12 min

Series A diligence: the 3 docs VCs want

Cap table, IP ownership, revenue proof — what VCs check first.

Guide8 min

Cap-table detox

Clean ownership math before your Series A.

Guide10 min

Data rooms: Marie-Kondo your docs before diligence

Organize your data room before diligence to cut delays and legal fees.

Guide9 min

SAFEs: what they are + how they convert

A founder-friendly explanation of SAFEs and conversion in an equity financing.

Guide14 min

Equity

3 guides

Startup equity, explained

Equity instruments explained for smart founders, not lawyers.

Guide15 min

Early exercise & founder-trap equity decisions

Why early exercise, long windows, and acceleration often hurt more than they help.

Guide11 min

Restricted stock vs. options

Why Aegis defaults to options for employees — the key differences.

Guide9 min

Entity Formation

4 guides

What a corporation is (and how to form one)

Entity formation guide for Delaware C-corps.

Guide12 min

S corporations: the tax election your accountant forgot to explain

Understanding S-corp elections for startups.

Guide15 min

Forming an LLC for a US startup

For angel-to-Series-A startups considering an LLC.

Guide10 min

The Delaware flip

What a flip actually means for non-US founders raising from US investors.

Guide10 min

Employment

1 guide

Independent contractor vs. W-2 employee

The risk-first guide for startup founders on worker classification.

Guide13 min