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Finding “stinky clauses” in legal investment documents

Berkonomics

Changing the deal that late in the game is nearly impossible, after other investors have already completed their documents and the deal is supposedly put to bed. What if it is the company attorney or entrepreneur that finds the stinky clause so very late in the game? Can you change a deal if not the lead investor?

Invest 156
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Sony Documents, Emails Go Online At WikiLeaks

socalTECH

A huge collection of internal documents and emails from Sony Pictures Entertainment --stolen from the company in a massive hacking last year tied to the movie "The Interview"--has been posted online by WikiLeaks. has blamed the massive shutdown of Sony''s computers and hacking of Sony''s corporate information on North Korea.

Email 100
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So, what’s a company board good for, anyway?

Berkonomics

And good board members can add real value to you and the company. Email readers, continue here…] Generative thinkers are relentless in asking questions that get to the core of an idea, often making the originator think more deeply about the effects over a longer period of time. “Can we afford to do this?” “Is Generative.

Company 156
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What are the costs of taking investor money?

Berkonomics

After friends and family… Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,000 TO $3,000,000 range.

Sales 156
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What about your previous company non-compete?

Berkonomics

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined. Are you one of those? Digital or analog!

Company 120
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What about your previous company non-compete?

Berkonomics

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined. Are you one of those? Digital or analog!

Company 120
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Should board members be elected “for life?”

Berkonomics

We have investigated the restrictions imposed by investment documents and the obvious need to keep continuity on the board with the retention of the CEO position at the very least. Email readers, continue here…] That’s appropriate for non-profits for the reasons listed above. Practically speaking, this is an impossible goal.

Email 156