Author: admin

A “Term Sheet” is a document that summarizes the terms of an investment. It’s usually proposed by the investor(s) and spells out what they want in order to proceed with an investment. I’m not sure why it’s not called a “Terms Sheet” since there are many terms in it. Perhaps that came about because the …

Due Diligence Checklist 1.     Corporate Structure and Corporate History Articles of incorporation Corporate by-laws and operating agreements Minutes of Board of Directors and Shareholder meetings Past and Current Shareholders Agreements All other documents provided to directors and shareholders Board of Directors Members (Experience and Skills) Business Advisory Board Members (Experience and Skills) Officers of the …

A question that is often asked by both investors and entrepreneurs is, “what is needed to document an investment transaction?” As an entrepreneur you may be mazed by the legalese pertaining to investment documents. When you sell shares in your company, at a bare minimum, all you technically need is to issue shares (paper or …

A SAFE – Simple Agreement for Future Equity – was created by Y-Combinator in Silicon Valley as a way for companies to raise a small amount of capital as a first step towards raising a larger venture capital round. While it may make sense if a VC round is assured, there may be a better …

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!