You just received a term sheet for a round of preferred equity financing in your company – how exciting! But what do the terms mean, and which ones should you really care about? Your company’s initial rounds of financing set
Michael Best & Friedrich LLP
Michael Best is a full service firm with more than 250 lawyers who provide our clients with the exceptional legal service and business acumen that have defined our firm for generations. Our practice is broadly organized into the following areas, each with its own sub-practices: Banking & Financial Services; Corporate & Transactional; Energy Law; Environmental & Natural Resources; Government Relations & Public Policy; Intellectual Property; Labor & Employment Relations; Litigation; Privacy & Data Security; Real Estate; and Tax.
Michael Best & Friedrich LLP Blogs
Latest from Michael Best & Friedrich LLP
Creating a Startup While Employed: Important Things to Consider
After working as an employee for someone else, you want to take the leap and form your own company – great! But, understandably, you may not be ready to quit your day job and lose your steady stream of income.…
What is a Cap for SAFEs and Convertible Notes?
Now that you’ve formed your business and you and your fellow founders are hard at work building your startup, if you are like most burgeoning businesses, at some point you will need an injection of cash to keep the lights…
What Does “Fully Diluted” Mean?
“Fully Diluted” is a phrase often thrown around when discussing a company’s capitalization. But what does it really mean? Understanding your company’s capitalization is critical during any stage of the company’s lifecycle, not only to maintain an intimate understanding of…
What are Blue Sky Laws and How Do They Affect Me?
To succeed as an entrepreneur, there are many laws which you need to be aware of, including “Blue Sky Laws.” In the United States, Blue Sky Laws are the securities laws of the individual states, and they reflect the ways…
Papering a Preferred Equity Venture Deal: an Introduction to the NVCA Deal Docs
As an entrepreneur, you are no stranger to making key decisions for the growth of your business as you secure your team, build out your business plan, and seek funding to scale. It goes without question that one of the…
What Are the Differences Between Founders, Directors, Officers, and Employees?
You need others to help build your business, but as you build your team, it is important to distinguish the different roles in your corporate structure. Are you dealing with co-founders with whom you started the company? How do you…
Astro Malaysia Financial Analysis
Astro Malaysia Holdings Berhad (ASTROKLS) is a Malaysian holding company with a market capitalization of 4354 billion Malaysian Ringgit. Its current plans include becoming an internet service provider and introducing the brand Astro to consumers. This analysis aims to provide…
How to Increase Profitability and Retain Customers in the Insurance Industry
Insurers have a variety of ways to improve profitability and retain customers. These strategies include increasing net income and reinsuring more risk. These strategies also involve raising additional capital. Some companies try to improve their customer service by focusing on…
What Is a Registered Financial Planner?
A registered financial planner in Malaysia is a financial professional that is licensed to provide advice to clients on their personal finances. These professionals have a high level of training and are bound by a Code of Ethics. They don’t…