So here is a message I recently received, unsolicited, from someone I don’t know, through a major Q&A site (URL redacted to protect the guilty): I’m a startup founder starting a company in the legal space. It’s called [abcdef.com], and it connects people with lawyers online. Sorta serves as a law firm to both lawyers…
Read MoreHere’s an excerpt from a website terms of service I just read: [Please confirm whether users can submit content such as comments, blog posts, etc.] In order to make our Services more dynamic and useful, we may allow you to post comments or reviews or other Submissions to the Services and our forums. The bracketed…
Read MoreI recently came across this language (unaltered) in a contract: The Parties understand and agree that all Confidential Information (i) is to be preserved and protected; (ii) is not to be disclosed or made available, directly or indirectly, to anyone other than Authorized Employees, including, without limitation, third parties or unauthorized employees for purposes unrelated…
Read MoreOver the years I’ve had many occasions to figure out the price of an offering of preferred stock for a typical venture funded startup. This is different from, and definitely not to be confused with, the valuation of the company on a pre-money basis. That’s a topic for a later post. In its most simple…
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