Phantom Equity: Giving Shape to an Intangible Promise

(706 Ratings)

Produced on: August 26, 2016

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 62 minutes
Difficulty Intermediate

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

Faculty

Todd Kulkin

Law Offices of Todd Kulkin

Todd Kulkin specializes in providing legal advice to small/medium sized businesses, start-ups, and non-for-profit organizations. He started his legal career at a large New York law firm. While working for that firm, his time was split between two practice areas: general liability defense and providing corporate and regulatory advice to major corporations. He uses his experience as a civil defense litigator to advise clients about their liability posture and how to mitigate. He left the firm to start his own practice in 2012 and, since then, has expanded his expertise to intellectual property and socially responsible entrepreneurship. Todd graduated with Honors from Brandeis University and with a J.D. in Financial Transactions from University at Buffalo (SUNY) School of Law.

 

An animal lover, Todd sits as Director of Corporate Relations for Mighty Mutts & Meows: a no-kill, 501c3, all volunteer animal rescue organization in New York City.

 

Reviews

LF
lance f.

Love Todd! He’s a great presenter, and so knowledgeable

PM
Paige M.

great presenter--concise and entertaining; very useful and practical information.

TN
Todd N.

Good course. I would explain what phantom equity is and isn’t more at the beginning.

AS
Allan S.

Nice presentation on a complicated subject.

JK
John K.

Wonderful

CN
Carla N.

Very good presentation.

PS
Phil S.

Todd is always great!

CS
Christina S.

This was fascinating. Now I know what this is actually called and how it works.

MM
Myron M.

EXCELLENT!

DL
Donna L.

This speaker was very interesting and informative. Sometimes these can be boring, but this one was very interesting!

SS
Shaun S.

great. didn't know about the concept

GG
Gail G.

Terrific

PC
Peter C.

Todd is a great presenter. I have seen most of his seminars.

MC
Melanie C.

Good voice---easy to understand & interesting.

MP
Michael P.

Interesting.

BC
Brent C.

Good info about a compensation plan being used more and more.

RN
Robert N.

Interesting course.

KP
Kenneth W. P.

I enjoyed learning about the current conditions in the techno market place that used to be called "sweat equity". Very informative.

WR
Walter R.

Fascinating ideas expressed

JO
John O.

This guy gives great tips. When you get an ERISA case find an ERISA attorney.

FC
F. Kim C.

Great course for anyone advising start-up and/or young growth companies.

ML
Malorie L.

Fantastic speaker!

JW
Jeffrey W.

Great job. Very interesting topic.

RW
Robert W.

Good concise presentation with a great flow.

PD
Peter D.

Mr. Kulkin is an excellent presenter.

QB
Quietta B.

Thanks!

JO
Jamel O.

Good Presenter

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$ 59 Business, Corporate, & Securities Law In Stock

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