I got the case from KaysCase that folds open and the cover can be used to prop up the device a couple different ways. I will link to it when I get the chance.
Not sure if they're doing this with all of there cases that they sold at launch, but I received a stick-on magnet with a small sheet of instructions for placement. I also received an email from KaysCase just before my case arrived, explaining how I should discard the magnet, since it was not thoroughly tested and has been found to not work. Kind of janky in my opinion.
Also, I will say that I am not impressed with the product at all. Yes, it is a ten dollar case, but the folding cover function does not work as pictured on the product page because of a folding seam that cripples the stand when you attempt to set it up. I will provide a picture.
This is a picture from the Amazon product page:
Reality:
EDIT: I suppose you can see the seam in the Amazon picture picture also, but there is physically no way to get the device to stand up as pictured. The weight of the Nexus 7 buckles the case at that crease. Bummed.
With that said, the upright orientation works fine, as the crease does not affect this setup.