Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Alexander Davie is a corporate and securities attorney based in Nashville, Tennessee. Businesses of many varieties rely on his counsel and judgment throughout all stages of their growth. In particular, fund managers and investment management professionals seek the expertise Alex gained when he served as general counsel to a private investment fund. Alex also has significant experience and enjoys working with companies and entrepreneurial ventures, especially within the technology industry. As a believer in technology's ability to enrich people's lives and allowing people to connect with each other in new ways, he is passionate about helping tech startups achieve success. He is active in Nashville's startup community as a mentor at the Nashville Entrepreneur Center and participates in numerous other events geared towards making Nashville a nationally ranked location for starting a business.

Managing Conflicts of Interest in Private Equity and Venture Capital Funds
Fund managers must keep a close eye on potential conflicts of interest and employ best practices like consulting advisory committees when conflicts arise. In this post, you'll read about the issues that should be at the top of your mind.


Pre-Money Valuation vs. Post-Money Valuation
The concept of pre-money valuation vs. post-money valuation can be a confusing one at first for many startup founders. This post explains, in plain English, how they are calculated.


Negotiating a Convertible Note Financing
Understanding the key terms in a convertible note financing will help you be able to effectively utilize this popular financing option for startups. In this post, we explain what you need to know.


Guide to Starting a Hedge Fund
Launching a hedge fund can be a significant undertaking. By planning ahead, you’ll reduce the risk of potential noncompliance down the road. We'll explain some practical tips that will be helpful as you begin this process.


Understanding the Common Investment Structures for a Seed or Angel Round
With the variety of funding options out there, it’s easy to feel confused or overwhelmed when deciding how to go about raising funds. In this post, I’ll explain more about the most common investment structures.


Legal Considerations for Selling Your Emerging Growth Company Part 7: The Closing
We’ve come to the end of our 7-part series on selling an emerging growth company, and now it’s time to seal the deal. In this post, we explain what you need to know about the final step in the sale.

Legal Considerations for Selling Your Emerging Growth Company Part 6: Negotiating the Definitive Agreement
The definitive agreement in an M&A transaction is the agreement that is binding to the parties. Negotiating its provisions is crucial to avoiding liability. In this post, you'll read about the issues that should be at the top of your mind.


Legal Considerations for Selling Your Emerging Growth Company Part 5: The Due Diligence Process
The due diligence process will shape the final terms of the deal and whether the sale of your company will indeed happen at all. In this post, we explain what you need to know.


Legal Considerations for Selling Your Emerging Growth Company Part 4: The Term Sheet or Letter of Intent
A well-drafted and negotiated letter of intent is often the first major step in selling or buying a business, including a startup. We'll explain some practical tips that will be helpful as you begin this process.