Season Two: Episode Two – Considerations and advice for forming a public benefit corporation from one of the most successful benefit corporations in the world.
Episode Description: Adam Mengler (Fordham Law ’19) interviews Chris Mitchell (Fordham Law ’00), General Counsel of Kickstarter—a Public Benefit Corporation and Certified B Corporation—to discuss the benefits and challenges that come with forming a benefit corporation.
- [:30] Adam Mengler introduces himself and Chris Mitchell, General Counsel of Kickstarter.
- [2:30] Chris Mitchell explains what a benefit corporation is and the associated legal obligations.
- [4:17] The benefits of transitioning to a benefit corporation.
- [5:41] Balancing charter goals with a company’s financial interests.
- [9:52] Challenges that benefit corporations face when raising money.
- [10:40] Considerations for companies before becoming a benefit corporation.
- [13:34] The effects of being a benefit corporation on the company’s attorneys.
- [14:47] Nurturing an entrepreneurial spirit and Chris Mitchell’s favorite books.
Mentioned in This Episode:
- Chris Mitchell
- Kafka on the Shore by Haruki Murakami
- The Good Life Lab- Radical Experiments in Hands-On Living by Wendy Jehanara Tremayne
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Startup LAWnchpad is the podcast that educates entrepreneurs about forming, growing, and protecting a startup. Startup LAWnchpad is produced by the Entrepreneurial Law Clinic at Fordham University School of Law in New York City.