Series Seed, eh!


If you’ve raised capital before you know that the term sheet is the least of your worries as it’s just a precursor to a much bigger set of definitive agreements including a Shareholders Agreement and Subscription Agreement (or Investor Rights and Purchase Agreements in the US). I recently saw a $100K seed investment that required a 47 page subscription agreement and similarly large Shareholders agreement.

House Passes Crowdfunding Bill: FAQ’s for Entrepreneurs

Scott Edward Walker

As the term suggests, crowdfunding is funding from a crowd of people — that is, many people provide small amounts of money to finance something. Last week, the U.S.

A Startup Knows It Needs a Lawyer When:


Lawyer time required (including vesting agreements for founders): 3 to 6 hours. And each award to a given employee requires a separate grant agreement laying out the terms of the grant. You need a lawyer to create the plan and grant agreements (on the grant agreements, once you have the form, you can probably use it for other future grants of the same type). 4. You are raising money: raising funds requires documentation regardless of type of financing.

Why the JOBS Act is a Win for Entrepreneurs and Investors

Inc Startups

Inspired by the success of donation-based crowdfunding, social media as marketing tool, and the principles of seed financing, the three of us—Jason Best, Sherwood Neiss and Zak Cassady-Dorion—decided to create a solution.

SEC 52

Dodd-Frank Act Affects Private Placements by Raising the Bar for Individual Accredited Investors

Recent Buzzes - VC Experts, Inc.

These changes to the net worth determination are effective immediately, so issuers, investors and others that participate in private placement transactions should make sure that their disclosure documents, accredited investor questionnaires and subscription agreements are consistent with this new standard. By Lewis J. Geffen and Daniel I. DeWolf of Mintz Levin Cohn Ferris Glovsky & Popeo LLP. Introduction.