Venture Capital, Fun... • 1y
Haha that's a very tall ask on text. Ill stick to the terms you'll see in investment docs - You'll have your ssa (share subscription agreement) Sha - shareholders agreement. Ssa is mostly on procedure of how to issue the shares to investor and certain indemnity rights they have. SHA is where all your legalities come in - multiple kinds of rights here including liquidation preference, anti dilution, tag, ROFR, exit rights, promoter vesting and clawback etc. A good way to understand these terms is to read the book Venture Deals.
Honorary Mentions - ... • 1y
As a founder, your startup is your baby. But what about when that Golden Exit opportunity appears? Drag-Along Rights in your Shareholder Agreement(SHA) are crucial for ensuring a smooth acquisition process. What are Drag-Along Rights? They empower
See More🚀 Legal Professiona... • 18d
🔍 How to Review Software Agreements — Legal Essentials ✅ Identify the Type: SaaS | License | Development | Support ✅ Key Clauses to Watch: License Scope IP Ownership Confidentiality Data Privacy (DPDP/GDPR) Payment Terms Liability & Indemnit
See MoreHonorary Mentions - ... • 1y
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
See MoreDownload the medial app to read full posts, comements and news.