Both Sides of the Table

SEPTEMBER 28, 2014

So money spent should add equity value or create IP that eventually will. Many venture debt lines have “covenants” that restrict you from going below a certain amount of cash in the bank (in normal times they are more common – in better times they are less common).

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

David Teten

JANUARY 19, 2021

Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Flexible VC offers you this. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Profitable or backed by large VC fund. Governance. Cash collateral.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

SEPTEMBER 20, 2013

You would need sound legal advice from an attorney to ensure that you avoid nasty covenants in the lease. As a business owner, it is your responsibility to make sure that you are protecting your IP and not committing IP infringement. Intellectual property. Customer complaints.

Small Business 207

Small Business Intellectual Property Covenant IP 207

Up and Running

SEPTEMBER 26, 2016

This sometimes even includes your IP assets, though this is negotiable and should be part of your decision on the lender you choose to work with. Covenants: borrowers face fewer operational restrictions or covenants with venture debt.

Covenant 60

Covenant Institutional Investors Balance Sheet Warrant 60

dashes.com

SEPTEMBER 17, 2011

However, there is the concept of "mutual" NDA, which should give your IP equal protection if you share any of yours. The same goes for "non-competes" or non- solicitation covenants. Most NDAs I have seen are very one-sided and have unreasonable time limits, which in the tech sector are sometimes moot. zuccaro.joe. |

NDA 52

NDA Technical Review Non-Compete San Francisco 52

Gust

OCTOBER 26, 2011

The Notes will be issued pursuant to a definitive Note Purchase Agreement containing customary covenants, representations and warranties of the Company. The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing. Returning to our sample term sheet: Note Purchase Agreement.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79