by Bob Baker | Feb 18, 2022 | Common Questions, Corporate, Corporate Governance, Startups
Ever watched a movie where people are starting some business venture, and they blurt out how much of the profit they want? It sounds something like, “Ok, we’re going to split this 60-40”. If that seems too unlikely to work in real life, then...
by Bob Baker | Dec 10, 2021 | Common Questions, Corporate, Corporate Governance, Startups
The most common question we’re asked by new founders is, How do my co-founders and I decide how much equity to take in the company? This is the first of a two-part blog that addresses some common misconceptions about equity split, and how to decide if the...
by Bob Baker | Oct 25, 2021 | Common Questions, Corporate, Corporate Governance, Startups
Two things founders don’t have a lot of are time and money. Raising capital can be a challenge for any size company, but more so for startups, whose initial financial needs could be larger than what family and friends can invest, but smaller than what would...
by Bob Baker | Jul 11, 2021 | Corporate, Corporate Governance, Startups
Did you write your own cap table? If you’re like most founders, you probably had your lawyers put one together, or maybe you’re using Carta to track your company’s shareholders. However you got it – and if you don’t have one, we strongly...
by Matt Shrimpton | Jan 8, 2021 | Contracts, Corporate, Startups
Have you heard the old saw about software eating the world? It was initially written by a legendary software developer and venture capitalist in reference to the explosion of software and the pressures of companies to reorient their products to focus on the advantages...
by Bob Baker | Oct 5, 2020 | Corporate, Corporate Governance, M & A
Are you considering selling your business? The negotiation of terms, structure of the deal, and getting to closing can wreak havoc on a seller’s nerves. But, there are things you can do ahead of signing a term sheet which will make your life easier before you...