In August, Massachusetts’ Governor signed into law the Massachusetts Noncompetition Agreement Act establishing strict new requirements for noncompetition agreements with employees entered on or after October 1, 2018. Read our client alert.
What steps should startups take before raising venture capital financing? Morrison & Foerster Emerging Companies + Venture Capital partner John Rafferty outlines the top six things founders should do before raising venture capital in his recent article for the Silicon Valley Business Journal. Read the full Silicon Valley Business Journal article.
Intellectual property issues can be critical at the time a startup is considering a sale. In this video, partner Tim Harris explains several reasons why an acquirer will scrutinize a startup’s intellectual property before moving forward with a purchase.
Careful IP planning is especially important in the life sciences, in which companies often rely on only a handful of patents to protect a high-market value product such as an FDA-approved drug. In this article, MoFo counsel Lisa Silverman details the importance of patent protection for life sciences companies, highlighting the long-term benefits of patent term extension and how to identify which assets to prioritize. Originally appearing in the Daily Journal, read the article here.
Investor due diligence into a startup’s foundational intellectual property and make or break a potential investment. In this video, partner Tim Harris describes IP-related pitfalls that discourage investors from backing a startup.
Failing to file an 83(B) election can be incredibly costly to a startup founder. In this video, MoFo partner Tim Harris explains the importance of the 83(B) election.
When a startup raises a new round of capital at a lower price per share as a prior round, it is referred to as a “down round.” In this video, MoFo partner Tim Harris details why this might occur and explains the antidilution adjustments needed for previous investors.