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Signed Term Sheet

ithacaVC

We (Cayuga Venture Fund) just signed up a term sheet with a new company (Company X). No need to disclose the company name or industry for purposes of this post. Rather I want to briefly comment on the process leading up to the term sheet and next steps. First, the process: 1. It is now mid December.

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. The assistant tried to end the meeting twice but was shoooshed away. What do I do now?

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The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. If high U.S. However, the U.S.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. For a very small fee they can get your Delaware C corp registration, make sure that you have IP protection and ensure you didn’t make an early bumbling mistakes that you’ll pay for dearly in the next 7-10 years of hard work. And Brad Feld.

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Series Seed Financing Documents

www.seriesseed.com

Series Seed Term Sheet (v 2.0). Series Seed Term Sheet. It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. Please note, these are the latest versions of the Series Seed Documents. 

Finance 40
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Copywrong Again: Founding the Next Pinterest or Napster?

Gust

Does using a friend’s name or photo in a Facebook “Sponsored Story” (e.g., “David S. Copyright is not the only type of IP right implicated — and others such as rights of privacy and publicity become increasingly relevant in the age of social media — but it provides many of the most accessible examples.

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The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

We were once looking at a very hot market segment (which I can’t name or the people I’m speaking about will be obvious). Company B had already lined up a significant funding round ($20 million) from some of the most elite VCs on Sand Hill Road but hadn’t signed the term sheet. Simple example.