For-Profit or Nonprofit or Hybrid?

For-Profit or Nonprofit or Hybrid?

Traditionally, the divide between a for-profit or nonprofit organization was clear: for-profit businesses would engage in revenue generation and nonprofits would engage in charitable work to solve social issues and would largely stay away from revenue generation. The...
Are Term Sheets Binding?

Are Term Sheets Binding?

Agreeing on a term sheet is the first step in the exciting process of raising money for startup founders. It sets out the parameters of the deal that will be executed in one or more legal documents to follow due diligence. But you may be wondering to...