Expert legal insights for founders navigating the complexities of building their dreams.
How Does a SAFE Convert in a Down Round or Acquisition?
When startup founders consider raising capital through a Simple Agreement for Future Equity (SAFE), one of the most critical questions they face is understanding exactly how these instruments will convert in various scenarios. While much attention focuses on how SAFEs convert in successful equity financing rounds, the mechanics of conversion during acquisitions and down rounds are equally important—and often overlooked.
Why You Should Hire Someone With M&A Experience to Be Your Startup Lawyer
Are you a startup entrepreneur with a bold vision? You've brought your idea to life, and now you're on a mission to make it a success. But as you navigate the complex landscape of startup growth, there's one decision that could make or break your dreams: hiring a lawyer to protect your interests. So why should you choose a lawyer with M&A experience to be your startup's legal champion? Does it sound like an overkill when you are bootstrapping your startup? Let's explore the reasons why this could be the smartest move you make.