Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. In these early times, some startups may be hesitant to pursue this path because of the uncertainty and perceived risk.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. In these early times, some startups may be hesitant to pursue this path because of the uncertainty and perceived risk.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Scott Edward Walker

JULY 27, 2011

Because these rights are governed by State law, I will focus on the State of Delaware — where most companies are incorporated. The Delaware statute defines “proper purpose” to mean “a purpose reasonably related to such person’s interest as a stockholder.” 1) Inspection Right. 2) Right to Bring a Derivative Claim.

Delaware 49

Delaware Liquidation Preference Redemption Los Angeles 49

Scott Edward Walker

APRIL 9, 2012

Venture capital funds, seed funds, super angels, angel groups, incubators, and “friends and family” are all playing the seed financing game and investing early in startups in an attempt to land the next Facebook. ii) what happens if the maturity date is reached prior to the note’s conversion to equity? price the round).

Preferred Stock 87

Preferred Stock Finance Common Stock Liquidation Preference 87