Phantom Equity: Giving Shape to an Intangible Promise
1h 2m
Created on August 26, 2016
Intermediate
Overview
Phantom Equity can be a powerful tool in the start-up attorney's arsenal, to help their clients grow on (and eventually, off) the proverbial shoestring. While it is often employed to great effect in the business world, it can be treacherous in its application depending on the context and the caution you take in its structuring. Join start-up attorney Todd Kulkin for a crash course on phantom equity: when to use it (and not), how to use it, and identifying some of the pitfalls that come along with this powerful technique.
Learning Objectives:
I. Learn the ins and outs of Phantom Equity deals
II. Counsel your clients: When is Phantom Equity appropriate?
III. Understand some of the factors that go into "Sweat Equity"
IV. Navigate the common pitfalls of Phantom Equity deals
V. Identify valuation and purpose, making Phantom Equity work for you
VI. Balance client interests: Phantom Equity for attorney compensation
Gain access to this course, plus unlimited access to 1,800+ courses, with an Unlimited Subscription.
Explore Lawline Subscriptions