Startupcompanylawyer - startupcompanylawyer.com - Startup Company Lawyer
General Information:
Latest News:
What is convertible equity (or a convertible security)? 31 Aug 2012 | 10:13 pm
Quick answer: convertible equity (or a convertible security) is convertible debt without the repayment feature at maturity or interest. Background Over the past few years, convertible debt has emerg...
Is crowdfunding legal? 26 May 2012 | 07:06 pm
Below is an article that I wrote for Business Law Today, a publication for the American Bar Association’s Business Law Section. Crowdfunding: Its Practical Effect May Be Unclear Until SEC Rulemaking ...
What are the terms of Yuri Milner/SV Angel’s Start Fund $150K investment into Y Combinator companies? 1 Feb 2011 | 12:22 pm
On January 28, 2011, Yuri Milner and SV Angel announced that their Start Fund would offer all Y Combinator companies $150K in convertible debt. Reactions are mixed, from “no big deal,” to “disrupting...
Is convertible debt with a price cap really the best financing structure? 9 Jan 2011 | 09:13 pm
It’s been a while since I’ve written a substantive post. (I started writing this post in September 2010, but only got around to finishing it.) Convertible debt with a price cap seems to be the prefe...
Can a California company have unpaid interns? 16 Apr 2010 | 10:07 am
(The following is from a WSGR client alert.) On April 7, 2010, the California Division of Labor Standards Enforcement (DLSE) issued an opinion letter addressing the requirements employers must meet i...
How do the sample Series Seed financing documents differ from typical Series A financing documents? 15 Mar 2010 | 05:18 pm
After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source” equity seed financing documents: TechStars M...
What is an employee retention or M&A carveout plan? 22 Feb 2010 | 05:30 pm
I was speaking at an event last month to a group of CEOs and was surprised by the number of CEOs that were worried about the value of their common stock in a M&A transaction. Due to aggregate liquida...
What is a convertible bridge note with a price cap? 11 Jan 2010 | 09:11 pm
I seem to be doing a lot of pre-Series A convertible bridge note financings these days. As I have written previously, I think that convertible notes with even large conversion price discounts (e.g. 50...
How do you find federal and state government funding opportunities for clean tech and other companies? 23 Dec 2009 | 06:44 pm
[I know it's been a long time since I posted anything, but I was recently accused of having a dead or dying blog and felt compelled to post something.] Wilson Sonsini Goodrich & Rosati provides a pow...
When do I need to incorporate a company? 21 Jul 2009 | 06:53 pm
[It's been awhile since I wrote anything. I am giving a presentation to some of the founders in TheFunded Founder Institute on incorporating their companies, so I thought I would recycle some thought...
