A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
Many, if not most, founders have difficulty affording to work full-time for their startup right from the start. But working a day job while moonlighting at your venture presents some particularly dicey legal issues that can cause issues down the line.…
This post is the twentieth in a series giving practical advice to startups with respect to understanding and negotiating a venture capital term sheet. In the prior nineteen posts, we provided an introduction to negotiation of the term sheet and discussed binding and non-binding…
I frequently hear clients and some of their advisers talk about “stock options” and “stock warrants,” and there is often considerable confusion between the two. In this post, I’ll briefly describe the major distinctions between these instruments and how each…
This post is the fifth in a series exploring techniques to attract and retain key employees, directors, and other service providers of privately held companies through equity-based compensation arrangements and alternative arrangements that provide cash payments tied to the value…
This post is the fourth in a series exploring techniques to attract and retain key employees, directors, and other service providers of privately held companies through equity-based compensation arrangements and alternative arrangements that provide cash payments tied to the value…
