News & Analysis as of

Entrepreneurs Contract Negotiations

Patterson Belknap Webb & Tyler LLP

Key Employment Issues for Founders

Do you have an employment agreement? Should you have an employment agreement? We are often asked whether founders need written employment agreements with their companies. Every company's culture is different. Often founders...more

Barnea Jaffa Lande & Co.

What Is and Isn’t Permissible When Startup Founders Split

The Tel Aviv District Court (Economic Department) recently ruled that a partner in a startup breached his obligations as an officer in the company, as well as other obligations toward his former partner in that company. The...more

Barnea Jaffa Lande & Co.

Critical Considerations before Drawing up a Founders’ Agreement

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

McDermott Will & Emery

[Event] Negotiating Venture Deals in a Down Market - February 16th, London, United Kingdom

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Join our upcoming breakfast and learn panel: Negotiating Venture Deals in a Down Market. The panel will include some of London’s leading venture capital investors and topics will include: - Latest trends in VC term...more

Saul Ewing LLP

Top 20 Negotiation Tips: 6 and 7

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In this episode of "The Entrepreneur Advisor," Steven Malitz continues his Top 20 Countdown of the best negotiation tips for businesses, with tips 6 and 7: "Justifying your demands and offers" and "Avoiding your bottom line."...more

Lowndes

Non-disclosure agreements: A word to the wise to entrepreneurs

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​​​​​​​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

Goodwin

What You Need To Know About Negotiating A Venture Term Sheet

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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

WilmerHale

Come to Terms: Why Every Founder Should Embrace the Term Sheet

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Once upon a time, some founders needed money. They pitched a group of investors, and the investors agreed to give them many gold coins at a set valuation. The founders were happy, and the investors were happy. The company...more

Cozen O'Connor

Don’t Get Grossed Out by a Net Lease

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A lease is the first foray into real estate for many young entrepreneurs. With the exception of the dorm occupancy contract in college, and possibly a residential apartment lease in graduate school, most entrepreneurs have...more

WilmerHale

In Case You Missed It: Launch Links - January 2019 #3

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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

WilmerHale

Considerations for Founders When Negotiating a Term Sheet

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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

JD Supra Perspectives

Tips for a Startup Manufacturer in Negotiating Vendor Contracts

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As a startup manufacturer, vendor contracts are one of the most common types of agreements you are likely to encounter. ...more

Womble Bond Dickinson

The ReSET – The Afterlife

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When selling their company, entrepreneurs put all their energy on getting the deal done on the most favorable terms possible. As mentioned in last week’s ReSET, the odds are that the buyer will impose an earn-out or similar...more

Womble Bond Dickinson

The ReSET- The Exit: Game On

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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

BCLP

Everything is Negotiable, including Personal Guarantees

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As many entrepreneurs and small business owners know, banks, landlords and investors will often require a personal guarantee. A personal guarantee allows the lender to reach your personal assets to satisfy a debt in the event...more

Nutter McClennen & Fish LLP

Negotiating a Term Sheet? Entrepreneurs, Take Note

What do entrepreneurs need to know about term sheets in order to get a deal done? William Bernat: Term sheets are not “one size fits all.” Since most of a term sheet’s provisions are meant to protect the investors’...more

Porter Hedges LLP

Business Litigation Alert: "Know the Terms of the Investment Deal Before You Sign"

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Getting all the information upfront is critical - A recent article in The New York Times reveals a story that could happen to any business person. Chip Tate, the owner of the Balcones distillery, was experiencing...more

Winstead PC

Advisory Board Members

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Often a young technology company will seek assistance from more experienced individuals, giving them the position of “Advisory Board Member” and giving equity to a person who agrees to serve in that capacity. This designation...more

Foley & Lardner LLP

Beware of Promises

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In the early stages of a new venture, things move quickly. An entrepreneur will talk with many different potential team members, some of whom aren’t a good fit, some of whom become co-founders and valued long-term partners,...more

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