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. taxes are a company’s biggest worry, it might think about incorporating in the Cayman Islands or Ireland. Debt or convertible securities (e.g., a SAFE or KISS) provide a much simpler transaction with less terms to negotiate.
Let's personalize your content