blog
What About the Non-Accredited Investor?
As people reduced their discretionary spending and much of the country almost eliminated their commuting costs as a result of the nationwide shutdowns over the past 13 months, an unexpected thing happened: Americans decided to invest in the capital markets more than...
How do I Create an Advisory Position?
Advisors are among the most important people you can bring on board when starting a new business. They’re most often people who have “been there, done that”, meaning they likely have experience in a similar industry to your business, or they may have created their own...
Your co-founder left, now what?
Co-founders are often friends or colleagues who decide to take on the challenge of starting a business together (even the Peak partners are friends from their law school days). It’s easy to think that building a company will strengthen a relationship, but that isn’t...
What’s in your SaaS agreement?
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...
5 Things to Do Before Selling a Company
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 start...
Peak in Conversation: Joe Raczka, York IE
How have the events of 2020 impacted the venture capital ecosystem, and what lies in store for startups post-pandemic? Peak reached out to the experts at York IE to talk about the future of pitch competitions, racial inequity in raising capital, and more. Enjoy our...
Who’s on your deal?
In the pilot episode of Suits, a team of at least a dozen lawyers is seen arguing (collaborating?) with each other in a crowded office of the law firm Gordon Schmidt Van Dyke. They are presumably handling the finer points of a large deal, which is set to close...
Re-thinking the need for stock certificates
Does your company give stock certificates to its shareholders? If so, have you ever thought about why? If you don’t have a good answer, that’s ok – a lot of companies still issue them, and a lot of lawyers still recommend them. Our view is that stock certificates,...
What is a Franchise Tax and How do I Pay It?
If your business is incorporated or formed in Delaware, every year you’ll receive a bill for something called a franchise tax. Franchise taxes are imposed on businesses for the privilege of incorporating in the State of Delaware. The name is slightly confusing,...
Where should I incorporate my business?
A question we often hear is: Where do I incorporate my business? We’ve listed a few factors below which you should consider in your decision. Bear in mind that each case is different, and what works for one business may not work for another. We have included...