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...
Category: IP and Technology Law
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...
In our previous discussion, we established that a headline valuation is merely a single variable in a complex risk-allocation system. We corrected the common misperception that a higher price necessarily equates to a better...
In the early days of venture capital, a term sheet might have been a simple one-page letter stating a price and an ownership percentage. Since then, the document has evolved into a complex multi-page “literary...
Venture capital term sheets have evolved over the last half-century from simple one-page letters into complex, multi-page “literary masterpieces” that define the trajectory of a startup’s future. While these...
A founders agreement is a baseline for how your co-founder relationships will work in the future, how your company is structured, and what each owner brings to the business. It’s important no matter what type of business...
A problem arises if one of the founders leaves before entity creation and takes his rights to certain intellectual properties (“IP”) along with him. The IP created sometimes never gets transferred to the startup...