Over the last year or so, I’ve seen a new pattern: clients sending me agreements they drafted with AI and asking, “Can you just take a quick look?” The answer is usually: yes, but this is not a quick look.…

One of the most common mistakes that those who are new to venture capital make is to confuse value dilution and percentage dilution, two related but different concepts.  Before diving into the two most common types of dilution (value and…

Why Stakeholder Communication is Crucial Startups have become a vital driving force in today’s dynamic business landscape. As these young companies aim to scale their operations and secure long-term success, the importance of establishing and fostering fruitful relationships with stakeholders…

It’s been a month since the California Payroll Transparency Law (SB 1162) went into effect. You ensured that on January 1, your company complied with the statute by creating salary ranges and posting the information on job postings. While you…

M&A purchase transactions can be successful in any economic climate for a buyer with a clear investment thesis that systematically and strategically: (i) prepares early and plans well; (ii) selects acquisition targets wisely; and (ii) executes his or her planned…

409A valuations can be one of the most confusing aspects of representing startups.  One of the most common conversations I have with founders is that most companies want their 409A valuation to be lower rather than high.  Why would a…

The COVID-19 pandemic has brought with it several opportunities for businesses to access an unprecedented amount of government stimulus in the form of loans, grants, and tax credits. Most business owners are familiar with the Paycheck Protection Program (PPP) and…

On Friday, March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”. The CARES Act creates a number of different programs that aim to support society and the economy during…

The Coronavirus disease 2019 (COVID-19) pandemic has created unprecedented upheaval in the American way of life.  Widespread business and school closures, shelter in place orders and travel restrictions have disrupted the personal and commercial lives of millions.  Uncertainty abounds and…

On March 16, 2020, the State of California ordered gyms, health clubs, movie theaters and restaurants to close down as the state battled the spread of the coronavirus.   The State’s order to close these businesses down raised the question of…