Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). This post assumes that you have a basic understanding of Series A financing terms. Future rights. then the holders of the Series Seed get these better rights.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

The Startup Lawyer

MARCH 1, 2010

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution.

Preferred Stock 79

Preferred Stock Term Sheet Redemption Registration Rights 79

The Startup Lawyer

MARCH 1, 2010

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution.

Preferred Stock 40

Preferred Stock Term Sheet Redemption Registration Rights 40

Feld Thoughts

FEBRUARY 28, 2023

KG companies have decisive tax disadvantages for startups and are, therefore, rarely used in this area. There are also legal differences: Registration Rights, for example, are not legally binding. Piggyback rights are permissible, but due to legal regulations, they are not mandatory. German Startups Association).

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165