As we noted in our blog post about startup financing options, startups can implement various strategies to stay afloat (and thriving), including: bootstrapping, crowdfunding, traditional loans, convertible financing, and equity financing. Most startups implement the following series of fundraising rounds:…
Choosing the right financing structure is a critical choice for founders. Some begin with their life savings, others run a crowdfunding campaign, and, those eligible, often opt for a traditional loan. Other popular financing options include convertible notes, equity financing,…
Clients often ask, “Can I use a finder when fundraising for my startup?”. A fundraising finder can provide introductions; however, contracting for fees dependent on a successful raise is NOT permitted. It is the hallmark of a broker-dealer relationship (using a registered…
Starting a company and have a blank legal canvas? Already started, but need a legal tune-up? The below Startup Legal Checklist covers the key items that your company needs to get right in order to succeed. This checklist was prepared for…
Entrepreneurs selling common or preferred stock or issuing options or warrants for stock are issuing securities. That’s why all entrepreneurs and investors should care about securities laws. Even if you are raising a friends and family round, you must comply…
An entrepreneur and investor walk into a bar. The entrepreneur hands the investor an NDA. The investor walks out. Ever meet an entrepreneur who is so excited about his idea but won’t share anything until you sign an NDA? Or…