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Contracts are essential to every business, setting out the rights, responsibilities, and expectations of all parties involved. In 2024, entrepreneurs are dealing with more complex contracts than ever, influenced by changing...more
Over the past decade, France has emerged as a powerhouse in the European tech ecosystem. The surge of French unicorns, supported by the government’s “French tech” initiatives — which include tax credits and the formation of...more
When a group forms to establish a joint venture, the first legal document they should draft is a founders’ agreement. The purpose of this agreement is to define the conditions under which the entrepreneurs will establish a...more
As a startup, one of the most exciting moments in your company’s growth is receiving a proposal from a large strategic or market player who wants to engage in a technical interchange in support of a potential business...more
For any founder, whether a first-timer or a serial entrepreneur, it’s an exciting moment when you receive a term sheet from a venture capital fund for your company’s first preferred stock financing round. Excitement aside,...more
Some interesting links we found across the web this week: Who the Hell is Running My Startup? - Entrepreneurs are known for their passion and drive. They believe in their idea and will do whatever they can to turn that...more
A term sheet first summarizes the material terms of a financing transaction. Term sheets are normally not legally binding (with certain exceptions, such as confidentiality and exclusivity) but they are generally thought of as...more
Entrepreneurs dream of the big exit – to cash out and check out. Buyers implicitly understand this and try to mitigate the risk of the entrepreneur’s disengaging so that what they’ve bought doesn’t evaporate. The game is...more