Remove Finance Remove Government Remove Liquidation Preference
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How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

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 Model Seed Funding Documents (by Cooley). Y Combinator Series AA Equity Financing Documents (by WSGR). under $500K).

Finance 70
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New Plain Preferred Term Sheet

www.founderinstitute.com

He counsels public and private company clients in a variety of industries including information technology, government contracting, software and telecommunications. Participation" means that investors "double dip" by getting both their liquidation preference and their equity allocation. -

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Working for Equity Instead of Cash

genylabs.typepad.com

Emergent Research works with corporate, government and non-profit clients. I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation. where your stock sits in the liquidity preference stack.

Equity 40
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What Are the Rights of Minority Stockholders?

Scott Edward Walker

Indeed, whether a minority common stockholder is a founder, an advisor or even a friends/family investor, such stockholder will usually not be contractually granted any of the rights that are typically granted to preferred stockholders. Accordingly, I thought it would be helpful to examine these non-contractual rights.

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On the Road to Recap:

abovethecrowd.com

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. By the first quarter of 2016, the late-stage financing market had changed materially. Investors were becoming nervous and were no longer willing to underwrite new Unicorn-level financings at the drop of a hat. This is uncharted territory.

IPO 40
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Electing a Truly Independent Director

Austin Startup

TL;DR Nutshell : There are few governance-related decisions with a more outsized impact on a company’s power structure than the selection of an independent director. They’ll focus on high-level issues like valuation, liquidation preference, and board composition (# of seats), and then prematurely check out once a term sheet is signed.