Law Office of Paul H. Spitz – Blog

Anatomy of a Term Sheet – Registration Rights

May 7th, 2014

Welcome back to Anatomy of a Term Sheet, a multi-part series in which we take the model Series A term sheet from the NVCA, and analyzing the various terms in depth.  We have finished with Read More

Three Things Your Startup Needs When You Hire

May 6th, 2014

Most startups are narrowly focused on two key projects – developing the product and raising capital. All too often, however, startups neglect HR-related needs, which they see as less critical to the success of the Read More

Five Keys To Working With Investors

May 2nd, 2014

If you are a startup founder and you are looking for outside investment, here are five keys to working with angel investors and venture capital funds. Investigate Your Investors Potential investors are going to put Read More

Anatomy of a Term Sheet – Conditions to Closing

May 2nd, 2014

Welcome back to our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth.  We've gone through the charter terms Read More

Anatomy of a Term Sheet – Reps & Warranties

April 29th, 2014

Welcome back to our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth.  The goal is to give startup Read More

Don’t Forget Your Terms of Service

April 25th, 2014

General Mills' recent mess has focused a lot of attention on website terms of use. General Mills revised its website terms of use to take away many legal rights of its website users. For example, if Read More

Five Things You Should Know About Stock Options

April 23rd, 2014

Startups often use stock options to attract, retain, and motivate talented employees. Stock options are complicated, however, so here are five key things any startup founder (and startup employee) should know about stock options, as Read More

Anatomy of a Term Sheet 10 – Redemption Rights

April 22nd, 2014

Welcome back to our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth.  The goal is to give startup Read More

Why You Need Your Own Lawyer

April 21st, 2014

Someone asked me a really good question last week - he asked me if it's a good idea for a startup founder to use the same lawyer as the angel investor or venture capital firm Read More

Anatomy of a Term Sheet 9 — Pay-To-Play

April 17th, 2014

Welcome back to our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth. The goal is to give startup founders Read More

Anatomy of a Term Sheet 8 — Anti-Dilution Protection

April 15th, 2014

Welcome back to our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth. The goal is to give startup founders Read More

Anatomy of a Term Sheet 7 — Conversion

April 14th, 2014

Welcome back for another installment of our Anatomy of a Term Sheet series. We are taking the model Series A term sheet from the NVCA, and analyzing the various terms in depth. The goal is to Read More