News & Analysis as of

Early Stage Companies

Offit Kurman

[Webinar] 2025 Climate Pro Bono Bootcamp - April 22nd - 23rd, 12:00 pm - 5:00 pm ET

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Learn the skills you need to provide pro bono support to climate-friendly causes, communities, and startups! This unique event brings together attorneys from across the world to learn how they can engage in pro bono legal...more

Fenwick & West LLP

Why Deep Tech Companies Need a Proactive IP Strategy

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Deep tech companies—whether in space, defense, robotics, AI-driven industrial automation, or advanced materials—face long R&D cycles, high capital requirements, and intense global competition. Yet some founders treat IP as an...more

Goodwin

Fundraising Strategies for Early-Stage Medtech Startups

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Investor interest in the medtech sector is strong. According to DealForma and JPMorgan, medtech companies raised $16.1 billion from 544 funding rounds, including $3.3 billion from 244 seed and Series A rounds, through the...more

Fenwick & West LLP

2024 Digital Health Recap: Early-Stage Momentum and 'Goliath' Moves

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As we kick off 2025, it's worth reflecting on the forces that shaped digital health in 2024. From early-stage innovation capturing investor attention to mega funds like a16z and General Catalyst driving dealmaking, the year...more

Farrell Fritz, P.C.

Cap Table Confidential: Should Startup Employees Get a Peek?

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I’m often asked whether employees should have access to the company’s cap table.  The cap table is one of the most sensitive and critical documents in any startup.  At its most basic level, it lays out who owns what –...more

Orrick, Herrington & Sutcliffe LLP

EU Inc. Envisions New Startup Structure

A petition calling for a new pan-European corporate structure for startups has been sent to the EU Commission with 13K+ signatures. “We managed to make this an urgent matter in Brussels,” petition backers said. “Now we need...more

Orrick, Herrington & Sutcliffe LLP

FINRA member fined over outside business activities

On November 22, FINRA accepted a Letter of Acceptance, Waiver, and Consent (AWC) from a member firm regarding its alleged failure to establish, maintain and enforce a supervisory system and written supervisory procedures...more

Wilson Sonsini Goodrich & Rosati

“It’s Not About How Much Stock You Have; It’s About How Much Copper Wire You Can Get Out of the Building With”: Founder Exits...

The founders and exec team are a critical component of an early-stage company’s business value. In a previous article, we provided detailed guidance on the comparison of U.S. and UK market practices in relation to equity...more

Orrick, Herrington & Sutcliffe LLP

What's Shaping the Capital Raising Environment?

Carlo Trucco shares insight on: How the regulatory landscape is impacting transactions Two tech verticals attracting significant venture investment...more

Orrick, Herrington & Sutcliffe LLP

Raising a Down Round and How to Be Prepared

Down rounds often make up a natural part of a company's lifecycle and are not as detrimental as some assume. Max Cantor and Samir Bakhru explain the mechanics of down rounds, their impact on capitalization tables and the need...more

Conyers

Capital Call Securitisations: Fund Finance’s New Frontier…? An Offshore Perspective

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The recent closing by Goldman Sachs of its highly innovative and market leading US$475 million “capital call” securitisation of subscription credit lines has generated a lot of interest in both fund finance and structured...more

Pillsbury - Propel

Next Steps for Startups: Post-Incorporation Checklist

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Congratulations on incorporating your startup! Now that your business is officially on the map, it is time to take the next crucial steps to ensure a solid foundation for growth and success. This checklist provides new...more

Wilson Sonsini Goodrich & Rosati

“You Don’t Have to Go Home, but You Can’t Stay Here”: Founder Exits (Part 1)

Venture-stage investors make their investment in the people of a business as much as they do the idea and the operations. The drive, the know-how, the effort, and the vision of the founders are typically what attract first...more

Goodwin

Five Areas in Which VC and Growth Equity Deal Terms Are Unique to France

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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

Orrick, Herrington & Sutcliffe LLP

Developing an AI Policy for Your Startup

When developing an internal company artificial intelligence policy, there are three main things that a policy should do. One, it should explain to employees what types of tools they can use and what types of accounts they...more

Orrick, Herrington & Sutcliffe LLP

A Conversation with Evercore on the Market Outlook

01 A conversation with Evercore on the market outlook 02 Will there be an alternative path to public? 03 What’s ahead for tech and life sciences IPOs? 04 The Download Quiz: Venture Capital Trends / 01A CONVERSATION WITH...more

Procopio, Cory, Hargreaves & Savitch LLP

Top Legal Mistakes to Avoid When Seeking Funding: The Role of Legal Due Diligence

Advanced planning for an early stage equity financing can significantly smooth the path for startups, helping to identify opportunities and avoid setbacks. A critical part of the process is the investor’s legal due diligence....more

Orrick, Herrington & Sutcliffe LLP

The EU AI Act: 10 Things Startups Should Know

This update is part of our EU AI Act Series. Learn more about the EU AI Act here. Like other companies, startups that develop, use or commercialize AI systems or general-purpose AI models (GPAIMs) that people in the EU use...more

Orrick, Herrington & Sutcliffe LLP

Due Diligence in AI: Thinking like your biggest critic

Founders and folks that are really pushing the envelope in this space need to be careful with how they describe their tools when it comes to due diligence. We're working from an environment where most people are just focused...more

Orrick, Herrington & Sutcliffe LLP

Founder Series: Building a Talent Acquisition Team from Scratch

Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our...more

Orrick, Herrington & Sutcliffe LLP

Navigating University Technology Licensing for Startups: Key Considerations

Starting a company by licensing technology from a university is a complex process with unique challenges and opportunities. Here are the most critical points for founders to consider when navigating university technology...more

Goodwin

Adjustment Escrows in M&A: Why the 1% Rule Doesn’t Always Apply

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What is the typical size of an adjustment escrow? A common rule of thumb is 1% of overall deal value, but the size varies depending on deal value and the underlying characteristics of the business (including the net working...more

Greenberg Glusker LLP

Corporate Partner, Eric Perlmutter-Gumbiner, Shares Legal Insights for Beauty, Fashion & Consumer Goods Roundtable

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Corporate Partner, Eric Perlmutter-Gumbiner, shared his expertise on latest developments and trends in the business of beauty, fashion, and consumer goods with Los Angeles Times in their Beauty, Fashion & Consumer Goods...more

Patterson Belknap Webb & Tyler LLP

Cross-Border Issues for Founders with U.S. Companies

We encounter many founders who have based their enterprises in the U.S., but who are not U.S. citizens or permanent residents, or who may have other significant cross-border ties such as close family living outside the U.S....more

Jones Day

JONES DAY TALKS®: A Trip to the Dark Side – Venture Capital Down Rounds and Recaps

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Down round financings recently reached their highest levels in 15 years, leaving investors, growth-stage companies, and other venture capital market participants searching for guidance and clarity. Jones Day partners Tim...more

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