Resources

Business professionals discussing convertible notes and SAFE agreements with financial charts in the background, representing investor participation rights and equity financing.

Navigating Participation Rights in Convertible Note/SAFE Side Letters

Convertible notes and SAFEs offer startups efficient funding options, but adding an investor side letter to the deal can introduce a few more complexities. A key term covered in most of these side letters is investor participation rights. In this article, we break down some of the nuances of how these rights are presented in side letters and highlight a few important considerations for companies to be aware of.

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Advisor, startup team, and attorney discussing an advisor agreement around a laptop with legal documents, charts, and graphs, highlighting key considerations for advisors in startups.

Advising Advisors: Understanding the Advisor Agreement

By Marc Ernaga, Partner – Advisors can play an important role in the development of startups and early-stage companies. These individuals often bring experience, industry knowledge, and networks to help guide startups through their growth phases. Whether they are seasoned entrepreneurs, experts in specific fields, or investors with a track record of success, advisors contribute…

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Hand holding magnifying glass representing Corporate Transparency Act (CTA) compliance and beneficial ownership reporting requirements.

Navigating the Corporate Transparency Act: Are You Required to File a BOIR?

Are you a business owner or operator in the United States? If you don’t fall within one of the 23 exemptions provided under the Corporate Transparency Act (CTA)—which mainly involve highly regulated industries like banking, securities, insurance, or larger companies with revenues over $5 million—you likely need to file a Beneficial Ownership Information Report (BOIR). Unsure about your obligations? Read on or reach out for guidance.

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