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 short. An investor holding non-participating preferred shares takes one of two amounts at a sale: its money back, or its percentage of the price. With participating preferred it takes both: its money back first, then its...
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 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...