by Staff Attorney | Apr 18, 2023 | Business Transactions, Corporation & CA LLC
This article introduces Convertible notes and SAFE notes and explains the differences between them. Founders have two primary options for receiving seed investments into their Startups: Convertible Notes and SAFE notes. Convertible Note A Convertible Note is a type of...
by Staff Attorney | Apr 7, 2023 | Corporation & CA LLC, Business Transactions
Form D is a form used by startups to raise capital while remaining compliant with securities laws. The SEC filing form is used to file a notice of an exempt offering of securities under Regulation D of the U.S. Securities and Exchange Commission. The Commission’s...
by Staff Attorney | Mar 28, 2023 | Business Transactions
Intro A common issue in Mergers and acquisitions (M&A) transactions for San Francisco and Silicon Valley employees, contractors, corporations, and lawyers is who is properly classified as a disqualified individual for purposes of 280G of the Internal Revenue Code....
by Staff Attorney | Mar 8, 2023 | Business Transactions, Corporation & CA LLC
Series A financing is a level of investment in a startup subsequent to initial seed capital, normally drawing investments in the millions if not tens of millions of dollars. A startup will generally attract this financing level only after it has demonstrated a viable...
by Staff Attorney | Feb 26, 2023 | Business Transactions, Corporation & CA LLC
Capitalization Tables or “Cap Tables” is a spreadsheet that documents what individuals or entities own a company. A Cap Table is therefore a comprehensive document that accounts for all of the securities or shares of a company including but not limited to common...
by Staff Attorney | Feb 20, 2023 | Business Transactions, Corporation & CA LLC
Internal Revenue Code (I.R.C.) Section 1202 provides for the enactment of the Qualified Small Business Stock (QSBS) exclusion. In summary, the exclusion allows an eligible taxpayer to potentially exclude up to 100% of the eligible gain realized from the sale of...
