Legal Blog

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 ...

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 ...

When negotiating a convertible note or a convertible equity instrument, there are a few key terms in the negotiation that are significant for the investor and the entrepreneur. In a previous article, ...

You've done it many times before... you click the box that says "click to agree to our Terms of Use" (and let's be real - you didn't read it). Does that check box create a legally binding agreement? ...

Raising funds from friends and family often seems like the logical first step for a new business to raise money. After all, you will be hard pressed to find an investor who is willing to shell out ...

When raising money as a business, whether old or new, it is important to carefully consider the best way to fundraise--i.e. whether it will take the form of debt or equity. In short, "debt" refers to ...

S-Corporations are not technically a distinct entity type. Rather, the term "S-Corp" refers to a type of tax treatment available to corporations and LLCs that meet certain requirements. When a ...

The C-Corporation is the default corporate form, meaning when you incorporate your enterprise as a corporation, you are automatically classified as a C-Corp in the state where you incorporate. The ...

The limited liability company, or LLC, is a relatively recent addition to the menu of options available when choosing a legal entity. It is a hybrid between a partnership and a corporation, designed ...

A limited partnership is a business entity that is characterized by two distinct types of owners - general partners and limited partners. General partners are the active managers of the business and ...