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More than just a document: the importance of bulletproof commercial contracts for startups

The Startup Magazine

Again, this isn’t something that you’ll want to discover during due diligence… Limitation of liability A well drafted commercial contract should include a limitation of liability clause. Bespoke bulletproof contracts show maturity, which can only help a company’s reputation.

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Third-Party Risk Management: What It Is And Why You Need It

YoungUpstarts

There’s the risk that the vendor won’t come through, that supply chains will be compromised, or that the vendor will damage your reputation, fail to comply with regulations, be affected by a natural disaster, or get hacked. Partnering with vendors offers unique opportunities to fill gaps in expertise, finances, or time.

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6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

Stick with people you meet through warm introductions, or count on the integrity of professionals who have a visible reputation and references, instead of a legal document. Here are my guidelines for when a signed agreement is required, versus other alternatives: Insist on a two-way NDA for partner negotiations.

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15 Steps to Fundraising for Your New Venture Capital or Private Equity Fund

David Teten

I’ve been fortunate to be a Partner at two different VC firms over the past 9 years, and we’ve grown AUM 10X both times. Build the firm as much as possible before you solicit limited partners. . The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. Lastly, gather feedback.

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14 Points To Consider When Structuring A Deal

YoungUpstarts

If you don’t understand the flow of the document, don’t add it in. Balance the risks to your reputation. When entering any deal you are putting your personal and corporate reputation on the line. Due Diligence. Understand what the other party is aiming for. White Label.

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Quick Thoughts on Term Sheets and LOIs

Rob Go

This is usually followed by several weeks or longer of legal due diligence. It is a simplified legal document that lays out the relevant terms of the transaction. Once you sign the LOI, the company can really start to turn the screws on you, as that is when the due diligence and negotiation really begins.

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How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm

David Teten

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. If you join a fund, you’ll invest your financial capital, but far more importantly, your reputational capital. Also see Preqin’s Key Due Diligence Considerations for Private Equity Investors. .