Convertible Note Maturity Date Terms

Convertible notes are a very common startup financing method. Convertible notes contain a maturity date provision at which point the notes are to be repaid with interest.  This is usually set at 18-24 months after the first convertible note investment. However, repayment of the notes upon the maturity date is usually

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Dual Class Common Stock Structure for Founders

A startup founder’s desire to hold equity better than plain-vanilla common stock isn’t new.  Several years ago, Series FF stock for founders was all the rage when it came to founder liquidity at subsequent financing rounds. We implemented Series FF for a handful of clients back then but we haven’t done so recently. In the

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DFW Startup Community SAFE Update 2015

About two years ago I wrote “Safe and Sound? A Primer on the New YC Docs” for LaunchDFW regarding the Y-Combinator SAFE docs and their application to the Dallas-Fort Worth (DFW) startup community.  My conclusion was that SAFE docs were likely too startup favorable to take off in the DFW

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2015 StartupLawyer.com Upgrade

I am happy to present an upgraded StartupLawyer.com! While just a soft launch, we added a left-side navigation bar with the intent of making content more accessible.  Early reviews have been positive: About a year ago we released a Glossary.  Now with a custom plugin, we have integrated those defined terms into applicable blog posts.  If a glossary

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Crowdfunding Should Be Used as a Last Resort

I recently wrote a commentary piece for the Dallas Business Journal regarding equity crowdfunding titled:  “Here’s Why Crowdfunding Should Be Your Last Resort”  I thought some of my readers would enjoy it. Some of the main take-homes from the article are: (1) It may not provide the boon of capital some predict

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SXSW Happy Hours and Office Hours

It’s that time of year again when a good portion of the startup world flocks to Austin Texas for SXSWi.  This year, I’ll be involved with two events: Dallas Drops the Mic — March 14th 6pm-8pm The official blurb about this event is: “Join the Dallas Startup Community in a truly

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Tech Wildcatters Pitch Day 2014

Tech Wildcatters Pitch Day 2014 will be held on Thursday, May 22 from 1 to 3:30pm (Dallas Time) at the Granada Theater. At Pitch Day 2014, the 13 startups of the 2014 Tech Wildcatters class will present: -Akros Tech Labs -GetReal.Estate -GruupMeet -Guideally -iCcode -InstantAPI -My Dealer Service -Nexiden -Pledgecents

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