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From Service to Product Company: Experts Share How to Do It Successfully
Our team just got back from Dreamforce 15 in San Francisco. At the conference, our CEO BJ Lackland participated in a session with Jason...
4 min read


Founder Compensation: How Much Should You Pay Yourself?
Seattle entrepreneur Dan Price from Gravity Payments made headlines a few months ago when he announced that his employees would make...
3 min read


How to Attract Potential Buyers for Your Startup
It’s a question on the mind of many entrepreneurs. Namely, ‘how can I make my business attractive to potential acquirers?’ People start...
3 min read


A Hidden Pitfall of Convertible Debt: Full Ratchet Anti-Dilution Rights
What are anti-dilution rights? And what is a full ratchet? Here's what startups need to know about convertible debt terms.
4 min read


Which Kind of Valuation Does Your Startup Need?
Public business valuations, private company valuations, 409A valuation - what's the difference? Here's what startup founders need to know.
2 min read


How to Avoid Hidden Liquidation Preference Multiples
What are liquidation preference multiples and how can startup founders avoid deals with early investors that can cause big headaches later?
5 min read


Why Too Many Angel Investors Can Be Problematic
Recently, the New York Times published a popular post about the right number of angel investors for startups . The story, titled For...
3 min read


The Difference Between Participating and Non-Participating Preferred Stock
In preferred stock offerings, one of the key things founders should pay attention to when evaluating a term sheet is whether the preferred stock is “participating” or “non-participating.” Here’s a quick explanation.
4 min read


Top 5 Reasons Why Startups Fail (And How to Avoid Them)
No one likes to talk about it, but the odds of success for startups are pretty slim. In order to move the needle in your favor, you first...
4 min read


Fundraising Etiquette: How to Land a VC Introduction
In the fundraising world, personal introductions and referrals are king. Word-of-mouth is still one of the most common ways deals get...
3 min read


Why VCs Only Invest in C Corporations
Not all corporations are created equal. Learn Why VCs prefer C-Corps and explore funding alternatives if you're startup isn't one.
4 min read


Why you need to have a founders’ agreement in place
One business risk many startups overlook is the relationship between cofounder(s). They assume formal agreements are unnecessary. Big...
3 min read


4 Reasons Your Startup Shouldn’t Be an LLC
In the frantic life of a startup, founders often find themselves making countless decisions, day in, day out. The rapid-fire nature of...
4 min read


Beyond Sand Hill Road: Can Debt Be Growth Capital?
Sand Hill Road in Menlo Park, California is the epicenter of VC. While many tech founders dream of scoring a deal with one of...
4 min read


7 Mistakes Startups Make with Taxes
If you’ve only recently started up, you might think that worrying about and planning for taxes is something you can do later, when your...
3 min read


Warrants vs. Options: Legalities and Tax Implications for Startups
Startup warrants and options are similar. See how they're used and structured differently, and how they're also taxed in in different ways.
2 min read


Your Startup Pitch Deck: A Slide by Slide Overview
A great pitch deck is not the only thing you need to secure startup funding, but it is important. Here's what to include.
3 min read


4 Metrics to Track When Raising Capital
When you’re talking to investors, they’re going to want to know a lot about your company: your pitch, your customers, the thinking...
4 min read


5 Key Areas to Address in Your SaaS Customer Agreements
As a transactional lawyer working with startups, a large part of my practice is helping software-as-a-service (SaaS) companies draft and...
3 min read


Funding Fit Tip 10: Rekindle Your Passion
This is the last post of our 10-week “Funding Fit” blog series, and it’s hard to believe that ten weeks have gone by so quickly....
3 min read
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