🌐 Entity
General partnership
Basic form of partnership under common law
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📌 Topics
- Venture Capital (1)
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🏷️ Keywords
Jack Altman (1) · Benchmark Capital (1) · General Partner (1) · Loom (1) · Venture Capital (1) · Tech Investment (1) · SaaS (1) · Silicon Valley (1)
📖 Key Information
A general partnership, the basic form of partnership under common law, is in most countries an association of persons or an unincorporated company with the following major features:
Must be created by agreement, proof of existence and estoppel.
Formed by two or more persons
The owners are jointly and severally liable for any legal actions and debts the company may face, unless otherwise provided by law or in the agreement.
It is a partnership in which partners share equally in both responsibility and liability.
📰 Related News (1)
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🇺🇸 Jack Altman joins Benchmark as GP
Jack Altman and Benchmark announced today that he would be joining the firm as a general partner....
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside General partnership:
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Benchmark · 1 shared articles
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Benchmark (venture capital firm) · 1 shared articles
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Silicon Valley · 1 shared articles -
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Venture capital · 1 shared articles
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Jack Altman · 1 shared articles -
Loom · 1 shared articles