Investment

If something breaks in a startup, you can usually fix it. Product, pricing, strategy. You adjust and move on. But a messy cap table is different.

Putting a number on your business can be complicated. Let’s decode the three most common approaches to valuation found in investment documents.

April kicks off with jokes, but your contracts shouldn’t be one of them. It’s the season of harmless pranks, but when something unexpected shows up in your investment docs, it’s not so funny. That’s why now’s a good time to talk about a clause that’s easy to overlook but critical when things go sideways: limitation of liability.

Happy New Year! We hope you enjoyed the holidays. Whether you’re all about “new year, new me” or sticking with what works, we’re here for it. Now, let’s dive into this month's newsletter, where we turn legalese into human-speak. This time, it’s all about representations and warranties in investment agreements. Let’s go!

If you want your startup to succeed, you need to get your cap table just right. Whether raising your first funds or preparing for a Series B, mastering your cap table is key to keeping everyone invested in the business long term. In this post, we’ll explain what a cap table is, what it includes, and how to manage it as your company grows.

It's official - summer is in full swing. As you take a break from work (or sunbathing), dive with us into the topic of information rights provisions that you’ll find in your typical term sheet. Read on to see how these provisions work and why they matter to your startup

The last pre-summer newsletter is here - and with it some light food for thought to pair nicely with drinks on a beach. Today, we’re going to talk about how a typical term sheet deals with investor voting rights.

Hey there, startup nation! Q1 is in full swing and we know you might be eyeing a new round of fundraising for your venture. Today, we’re getting personal with another investor right you might come across during negotiating a term sheet - the right of first refusal (ROFR). Let’s get started.

Hello startup superstars, we have to be honest with you. The whole “New Year, new me” phrase doesn’t really apply to us. We value consistency - and that’s why we’re back with our newsletter devoted to explaining key legal terms to startup enthusiasts. Today, we’re launching a new miniseries on investor rights in the context of negotiating a term sheet - starting with pre-emptive right.

Hi there, hope you're having a good day! We’re here to sprinkle some legal knowledge on it. Today, we’re diving into liquidation preference. Sounds complicated? Don’t worry, we’ll make sure you get the gist of it.

Hi there! You’re back from vacation - and we’re back with our newsletter. Today, we’ll help you understand the difference between pre-money and post-money valuation. In just under 5 minutes. Let’s get started!

Welcome to our second newsletter! Today's topic: term sheet, the ground-making document in any investment deal.

If a fundraising round slows down after an investor shows interest, it’s usually not because of one big issue. More often, momentum gets lost in the basics that were not fully ready yet.

Can you believe it’s December already? With the end of the year in sight, it’s almost obligatory to reflect on everything we’ve built and gear up for what’s ahead. Today, we’ll talk about the investment agreement, a document that turns a handshake into an official partnership. Ready to explore? Let’s go.

Imagine that you're making one of the most significant decisions in your startup's journey—exchanging a considerable share of your company for funding. We’ve put together a short guide to the investment process that walks you through everything from advance planning to funding and negotiations.