The Legal Side of Entrepreneurship
YoungUpstarts
OCTOBER 28, 2015
The primary terms for these types of transactions are the valuation cap and the conversion discount. Startups also must pay an inexpensive service fee for incorporating in Delaware. Debt or convertible securities (e.g., a SAFE or KISS) provide a much simpler transaction with less terms to negotiate. If high U.S. However, the U.S.
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