In our ongoing deconstruction of the venture capital term sheet, we have traveled from the psychological heights of headline valuation to the granular depths of the “fully diluted” capitalization table. You should...
Category: Employment Law
In our previous discussion, we deconstructed the concept of the liquidation preference—the “buffet line” that determines who gets paid first when a company is sold. We established that these terms are...
In our previous discussions, we have deconstructed the headline valuation and the various ways your ownership is calculated on a “fully diluted” basis. By now, you likely have a clear view of what percentage of...
In our previous discussions, we explored how the headline valuation of your company is often a psychological anchor that masks the true economic terms of a deal. We have looked at the linguistic trap of pre-money versus...
In the theater of venture capital negotiations, founders often focus their energy on the most visible actor: the valuation. They treat the headline price as the ultimate scoreboard of their success. However, as a lawyer who...
Understanding the Difference Between Independent Contractor and Employee in Canada In Canada, the distinction between an independent contractor and an employee is significant, as it affects the legal rights and obligations of...