1A - Legal Basics and Foundations for Startups Explain That by Velocity Legal

This episode introduces some of the key legal considerations for startups and founders. Robert and Andrew emphasise the importance of setting up an appropriate corporate structure, governance and decision-making, IP protection, contract management, and compliance. Some of the key discussion points include the significance and importance of shareholders' agreements, the critical issue of protecting IP and the necessity of drafting comprehensive contracts with customers and suppliers. The episode also highlights how adhering to the corporations law and industry-specific regulations is crucial for startups and risk management more broadly.