Expert legal insights for founders navigating the complexities of building their dreams.
How to Navigate Due Diligence: A Checklist for Startup Founders Seeking VC
As a founder, one of the most crucial phases in securing funding for your company is the due diligence process. This process allows investors to evaluate the financial, legal, and operational health of your business. To ensure a smooth and successful process, it's essential to be well-prepared and organized. In this blog post, we will discuss how to work with your company counsel to remediate any deficiencies and provide a list of typical documents requested by investors during due diligence.
Founder Vesting Clauses: What They Mean and How to Negotiate Them
Founder vesting clauses are an essential component of any startup's legal framework. In this blog post, we'll explore what founder vesting clauses are, why they're important, and how to negotiate them effectively in restricted stock purchase agreements (“RSPA”) and stock restriction agreements (“SRA”) for founders. By understanding the intricacies of founder vesting clauses, you can protect your interests and ensure the long-term success of your venture.