Getting a good attorney involved with your business early is beneficial because planning in advance for potential issues saves legal fees in the long run, because it is typically cheaper and easier to avoid an issue or address it with a clear plan in mind than it is to need to figure out how to deal with the issue on the fly once it has become a major road block for your business. Please contact us if you would like to speak with us about your business or your ideas for a future business.
Breaking Down a Venture Capital Term Sheet
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...