Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
The Life Cycle of a Private Equity or Venture Capital Fund
Private equity and venture capital funds usually are organized to have a limited life cycle, often in the range of 7 to 15 years. In this post, we describe what you need to know about the different stages of that life cycle.
Convertible Equity Options for Startups: SAFEs and KISSes
There are many investment structures available when it comes to raising startup capital. A popular option is convertible equity, such as SAFEs and KISSes. In this post, we explain what you need to know.
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.