When acquiring a company, you typically want to lock down your target and prevent it from seeking other potential buyers (see no shop clause). But in some situations, allowing your target to shop the deal around, under the terms of a “go shop” clause, can actually facilitate the transaction and
I heard about Virgin Money last week and I finally got the chance to take a look around last night. Basically, Richard Branson’s Virgin US investment firm acquired a majority stake in CircleLending, a venture that helps manage loans between family and friends. In typical Virgin fashion, they re-branded CircleLending
This collection of links will lead you to articles and other blog entries that deal with startup funding: How to Value Sweat Equity Why States and Banks are Teaming Up to Fund Your Company Another Startup Funding Contest SBA Financing Venture Capital Investments are Rising Where to Sit if You
Why Venture Capitalists Won't Sign Your Non-Disclosure Agreement
This article is part II in a series about leasing office space. In part I, we discussed how a tenant’s representative can help–and hurt–your office space search. In part II, we’ll discuss some provisions to consider negotiating before your startup company signs a commercial office space lease. The following list
Lawyers and their law firms are increasingly making fixed fee or “project pricing” available to their clients. This is especially true for startup company clients, as they typically have well-defined legal issues and needs. There are 3 main reasons why your startup company should have a fixed fee arrangement with
I’ve been asked by the State Bar of Texas to help promote their YouTube contest, “Lone Star Stories: Texans on Justice.” It is believed that this is the first contest of its kind put on by a state bar association. The contest is intended to give all Texans a venue
Before you execute a buy-sell agreement, make sure that you have adequately funded it. To adequately fund your buy-sell agreement, take each event that would trigger your buy-sell agreement (death, disability, retirement, etc.) and ask yourself “If this event happened tomorrow, would there be enough available funds to purchase the
Brad Sugars of Action International has published an article titled “6 Biggest Mistakes in Raising Startup Capital.” In the article, Brad lists the following as the 6 biggest mistakes you can make when raising capital for your startup: 1. Half-baked business plans 2. Focusing too much on the idea and
