🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Rajan Paswan

Stealth • 10m

Last time we discussed dilution in SHAs. Today, we tackle the Board of Directors (BOD)! The BOD: This group oversees your startup's big picture strategy. The SHA defines how many board members there are and how they're chosen. Why it matters: Having a say in BOD selection ensures someone represents YOUR interests! They can influence crucial decisions affecting the startup's future. What to consider in the SHA: • Board size and composition: Does it allow for founder representation? How many board members will there be in total? • Election process: Do you have a say in who gets elected? Does the SHA outline a fair voting system for board member selection? • Board Removal Process: Does the SHA define the process for removing board members if necessary? Remember: A strong BOD can guide your startup to success. The SHA ensures your voice is heard! Next: Tag-along & drag-along rights - stay tuned! Here is Our Last Post(Dilution): https://medial.app/post/6629fb1dbdf11e638f6198b5

0 replies4 likes

Recommendations from Medial

Rajan Paswan

Stealth • 10m

Starting a startup is exciting, but understanding the shareholder agreement (SHA) is crucial. Today, let's focus on Dilution. What is dilution? Imagine you and a friend each own half a pizza (50% each). If you bring another friend in and share more

18 replies48 likes

Rajan Paswan

Stealth • 10m

We've covered dilation and the Board of Directors(BOD). Now, let's delve into Tag-Along Rights—An Essential Topic Imagine your startup takes off! A major player wants to buy the company, and your majority shareholder is ready to cash in. But what ab

8 replies13 likes

swayam gothe

Stealth • 6d

does anyone know about MeitY genesis program?..(ministry of electronics an information technology) basically they provide grants up to 10 lakhs .... what is the selection process?..

0 replies3 likes

Vansh Aggarwal

Stealth • 2m

How much does the organic channel contribute to your startup's growth?

1 replies1 like

Saksham
•

Bebyond • 6m

Demystifying the Ownership Structure Clause in Shareholder Agreements (SHA)📍 The Ownership Structure clause in your SHA is crucial. Here's why: 1. Defines Equity Distribution: It outlines who owns what percentage of the company. This impacts deci

0 replies12 likes

PRATHAM
•

Apple • 10m

Based On what I have noticed, Reasons behind shutting down well funded startups: 📉 • Board Members dispute or improper management • Lack of TAM • The main point - Non sustainable business model ( most of startups couldn't monetize along with grow

12 replies12 likes

Saksham
•

Bebyond • 5m

Tag Along v/s Drag Along Rights When drafting agreements, Tag Along and Drag Along Rights are essential clauses that shape how investors and founders navigate ownership changes. Let's break down the impact from both perspectives: For Investors: 1.

6 replies6 likes

AjayEdupuganti

Stealth • 10m

WEALTH REDISTRIBUTION 1. Does WAQF come under wealth redistribution 2. Why was waqf board given lakhs of acres of land over the years? 3. Why does waqf board exist? Can someone plis help me in understanding this. Only curious abt WAQF & wealth redi

6 replies5 likes

Akshay Narula

Stealth • 1m

Does anyone know the process of Getting an Atm Installed in a Commercial Shop

5 replies2 likes

Saksham

Stealth • 7m

Understanding Shareholder Agreements (SHAs) in M&A Did you know that the terms of your Shareholder Agreement (SHA) depend on the level of your stake acquisition in a company (SPA)? Here's a general overview of how SHAs differ based on acquisition ty

0 replies3 likes