by Jerry Carter | Oct 15, 2024 | Blog
Once you have decided to raise money from third-party investors, the next step is typically to prepare a term sheet summarizing the terms on which your company will issue equity to such investors. The content of the term sheet will be driven by the type of security...
by Jerry Carter | Jul 24, 2024 | Blog
Most people start businesses with the goal of making money. Whether it is a steady income or a lump sum payment following a sale of the business, most people hope that their business will appreciate in value over time. Foundationally, you increase the value of your...
by Jerry Carter | Jul 24, 2024 | Blog
It may sound counterintuitive, but the best way to save money on legal services is to get a good attorney involved in your business from the outset. Attorneys are trained to be issue spotters. By sharing your business plan (no matter how rough it is) with an attorney...
by Jerry Carter | Jul 24, 2024 | Blog
Once you have decided to take on third-party investments to help fund your startup, you then need to decide what kind of investors, and then specifically which investors you want to accept funding from. Often founders do not give this piece enough thought. The makeup...
by Jerry Carter | Jul 24, 2024 | Blog
In the startup space, businesses have traditionally used non-compete clauses as one of several ways to help protect the businesses’ proprietary information. Now that most employment-based non-compete clauses will be unenforceable as of September 4, 2024, it is...