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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. Convertible Securities.

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Pre-seed is the new seed

Hippoland

He has done incredibly well financially on his past two startups, and he’s now building his 3rd company. This is a bit of a crap shoot, because even if a pre-seed investor is bought into you as an awesome operator, if he/she is not bought into your thesis, it will be difficult to land an investment. This was surprising to me.

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The state of Q2 2018 pre-seed/seed-stage fundraising: Part 1 - crypto version

Hippoland

Part 2 will be for pre-seed/seed companies raising traditional equity / debt / convertible security rounds. Basically, early customers buy into a new startup’s token at a special price, and those customers benefit from that price if the company does well. Startups are doing much smaller token sales (and I’m glad)!

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The state of Q2 2018 pre-seed/seed-stage fundraising: Part 1 - crypto version

Hippoland

Part 2 will be for pre-seed/seed companies raising traditional equity / debt / convertible security rounds. Basically, early customers buy into a new startup’s token at a special price, and those customers benefit from that price if the company does well. Startups are doing much smaller token sales (and I’m glad)!

article thumbnail

Pre-seed is the new seed

Hippoland

He has done incredibly well financially on his past two startups, and he’s now building his 3rd company. This is a bit of a crap shoot, because even if a pre-seed investor is bought into you as an awesome operator, if he/she is not bought into your thesis, it will be difficult to land an investment. This was surprising to me.