Venture Capital

You’ve just received a term sheet. The headline valuation looks great — $10 million pre-money, $2.5 million investment, and you’re only giving up 20% of the company. Time to celebrate, …

If you’ve been through a funding round — or you’re about to — you’ve probably encountered the phrase “customary drag and tag provisions” in a term sheet. It sounds …

If you’re raising a seed round for your Australian startup, you’ve almost certainly encountered two instruments: the convertible note and the SAFE (Simple Agreement for Future Equity). …

For entrepreneurs seeking to raise capital, the Simple Agreement for Future Equity (SAFE) note represents an innovative and streamlined funding mechanism. Originally developed by Y Combinator in 2013, …

When you’re preparing to invest in a startup, it’s easy to feel overwhelmed by the stack of legal documents you’ll encounter. Below is a breakdown of the key paperwork you’re likely to see in two …

Angel investing isn’t always a solo endeavour—often, smaller investors band together to increase their collective impact. In Australia, a common way of doing this is through investment syndicates, …