Venture capital funds expect technology start-up companies to "look" a certain way. Our ongoing new series continues this month with Peter Townshend and Monique Ho of McDermott Will & Emery LLP, who review the legal options that emerging companies planning to seek VC funding should consider. Topics include form of entity, state of jurisdiction, initial capitalization, contribution of intellectual property by founders and appointment and compensation of boards of directors, officers and advisory boards, as well as common pitfalls and how to avoid them.