Thestartuplawyer - thestartuplawyer.com - Startup Lawyer
General Information:
Latest News:
Should Your Startup Close a Small Angel Investment Prior to Demo Day? 8 Jun 2013 | 05:47 am
Working to close a small angel investment prior to your incubator’s demo day usually falls somewhere between a moderate distraction and a huge pain in the asymptote. It’s not worth the effort to close...
Tech Wildcatters Pitch Day 2013 10 May 2013 | 07:55 pm
Tech Wildcatters has just announced a new location for their 2013 Pitch Day. Pitch Day 2013 will be held on Thursday, May 23 from noon to 3pm (Dallas Texas Time) at the Granada Theater. Prior Pitch Da...
Tech Wildcatters Announces 2013 Class 6 Mar 2013 | 07:14 pm
Tech Wildcatters recently announced the 11 participants for their 2013 class. As usual, this class features participants from around the country. Read about the teams straight from Tech Wildcatters he...
The Rolling Close 8 Feb 2013 | 08:28 pm
Unlike Series A Rounds, most seed rounds of financing don’t have all investors fund their investment on the same date. Sometimes it’s a matter of logistics for investors, but mostly it’s because the s...
Price Cap Liquidation Preference Windfall Regulators 23 Jan 2013 | 10:16 am
Most convertible notes have a price cap as a feature term. Depending on the delta between the price cap and the pre-money valuation of the qualified equity financing, the convertible note investors co...
Tech Wildcatters Spring 2013 Applications Are Open 7 Dec 2012 | 01:44 am
Tech Wildcatters, a Forbes Top 10 seed accelerator, is now accepting applications for the fifth cycle of their 12-week accelerator program which begins Spring 2013. The deadline for submissions is Jan...
Convertible Note Transaction Documents 17 Jul 2012 | 10:03 pm
It’s a common misconception that the ‘convertible note’ is the only legal document used in a convertible debt financing. I often receive emails from entrepreneurs asking for a ‘sample convertible note...
Riding the Elephant 18 Mar 2012 | 05:17 pm
Outsourcing your startup’s early technical development to a dev shop is like riding an elephant in a horseback polo match. You’re on a big beast, but your lack of agility will prevent you from scoring...
Convertible Note Interest 14 Feb 2012 | 06:55 pm
The principal invested via a convertible note should accrue interest, but the rate of interest should be lower than a typical non-convertible loan from an investor. The range I see is 5-8% for convert...
Avoid Offensive Liquidation Preferences 11 Jan 2012 | 01:18 pm
In most equity financing rounds, an investor will ask for (and get) a term called a liquidation preference. A liquidation preference is the amount that must be paid to a preferred stock holder before ...
