GUIDANCE
FORMATION
Selecting the right legal structure is one of the most important initial decisions made by a founder.
View Articles »FUNDING
Understanding the ins and outs of capital raising is crucial to a startup’s success.
View Articles »EXPANSION
Many legal issues come into play as a company expands.
View Articles »IP
Protecting IP is one of the most vital concerns for any startup.
View Articles »EXIT
Many founders aim for a successful exit, either through a sale or IPO.
View Articles »Guidance
There are few things more important to entrepreneurs and investors than managing founder equity and some of the most frequent startup questions we field are about common stock vesting. This piece addresses these questions and explains the fundamentals of vesting. Read the full article.
Funding
What are the Key Terms of a Convertible Note Investment?
MoFo partner Tim Harris explains several key terms of a convertible note investment, including maximum conversion percentage, key negotiation, and conversion rights on maturity. Watch this video to learn more.
Formation
Equity Incentive Plan Considerations for Startup Founders
Equity incentive plans can be complicated. This article highlights initial considerations founders should think about as they evaluate the adoption of an equity compensation program.
Expansion/Funding
Tips for Startups to Avoid Running Afoul of Securities Laws
Stock options and other equity awards have historically been a common feature of the compensation packages offered by many startup companies to their employees and consultants. Yet many companies are often unaware of the pitfalls of the relevant security laws. This article provides guidance on common security law challenges faced by startup founders.
Formation
Social Enterprise – the Use of Corporate Forms to Promote Impact
If you've built a social enterprise, you now have many corporate forms to choose from. This article explains what corporate forms, new and existing, are available to maximize the impact of a social enterprise.
Formation
UK Social Venture Structuring Guide
Our London team, along with Thomson Reuters Foundation and UnLtd, created an interactive guide for UK-based social entrepreneurs to help determine the best legal structure for their social venture.
Formation
To “B” or Not to “B”
What is a "B Corp" and should your company pursue "B Corp" certification? This overview describes "B Corporations" and when a company should become B Certified.
Funding
Types of Financing Driving Impact Investing
While investment has traditionally been concerned with optimizing financial returns, modern day choices also include the option for tremendous social and environmental benefit alongside profits. With a number of financing options available, the market is realizing that there's more than one advantage to impact investing. Learn more about the types of financing driving impact investing.
Expansion
Breaking the American Market: How to Flip into the US
Considering moving your startup from Europe to the United States? Read about why "flipping" into a U.S. corporate legal structure could be the best option for your business.
Guidance
Ten Key Legal Issues to Consider when Moving From the UK to the US
Businesses based in the UK can face numerous regulatory and legal complexities as they seek to enter the U.S. market. Our London team describes 10 key legal issues for UK-based startups to consider when moving stateside.
Funding
The Code-based Fund: The Future of Crowdsourced Startup Funding
This article explain the Decentralized Autonomous Organization which has emerged as a potential new source of funding for startups and acts as a bridge between crowdfunding and venture financing.
Funding
It’s Okay to Venture Away: Alternative Financing Structures for Startups
Early-stage businesses have multiple choices when it comes to fundraising. Learn about a few current alternatives to institutional venture capital funding.
Expansion/Formation/IP
Protect Your Startup’s Intellectual Property from the Very Beginning
Protecting your startup's intellectual property should be a top priority from the very beginning. This article describes common IP assignment mistakes and issues.
Formation
Startups Need to Pay More Attention to Founder Stock
Paying attention to founder stock and seed investments at the outset of can help your business down the line. This article explains the importance of getting these details right at the earliest stage of business.
Funding
Helping a Startup Navigate an Investment from a Strategic Investor
While venture capital firms are still the most active investors in the startup community, more and more large corporations are investing in early stage startups through separate investment divisions. This guide explains the process of taking funding from a strategic investor.
Exit
Other M&A Resources
Our MoFo M&A team provide articles and guidance on a variety of topics relating to mergers and acquisitions. See our M&A Publications.
Funding
Angel Investments: Equity Investment vs. Convertible Debt Instruments vs. SAFEs
You have finally secured your first paying customer, and your personal credit cards are officially maxed out. You have even passed around the hat and asked employees to forgo salary for a few weeks to help make a major revenue milestone. On the positive side, your startup is experiencing rapid growth, and several angel investors believe in the future of your team. It is time to raise capital to expand your business; however, you are... Read more »
Exit/Expansion
Other Exits—Joint Ventures
This article explains why exit and termination provisions in joint venture arrangements are useful, and explores the primary issues to consider when drafting and negotiating these provisions.
Funding
How is a Follow-On Round Different from an Initial Round of Financing?
MoFo partner Tim Harris explains what distinguishes a follow-on round from an initial round of financing, including the relationship between Series A and Series B investors in a follow-on round and how these relationships inform future series of investors. Watch this video to learn more.
Formation
Choice of Entity for Startups
This article explores the pros and cons and the principal features of each of the four primary forms that a startup business can take.