Converting your California LLC to a corporation? Learn the 7 post-conversion steps founders often miss before fundraising and due diligence.
After your seed round, three layers govern your company: the board, your officers, and investor vetoes. Here's who decides what and how to keep approvals clean.
Buying shares in a private company secondary sale is more complex than a primary round. Here's what investors need to know about ROFR, co-sale, and joinder requirements.
What "Fully Diluted" Actually Means (And Why You Need to Understand It Before Your First Term Sheet)
Your investor says you're keeping 80%. Your cap table says 55%. Here's what fully diluted capitalization means and the three things that shrink founder ownership.
Most founders sign their Series A closing docs without reading them. Here's what's actually in the five documents — and the provisions that follow you for years.
Investor counsel checks your minute book, board consents, stock ledger, and financials before every deal closes. Here's what to keep — and what happens when it's missing.
Standard VC diligence wasn't built for AI companies. Here's what to check in training data rights, IP ownership, and customer contracts before you wire.
QSBS lets qualifying startup founders exclude up to $15 million in capital gains from federal tax. Here's who qualifies, what changed in 2025, and why it starts at incorporation.
Delaware defaults to an $85,000 franchise tax bill most startups don't owe. Learn how to use the Assumed Par Value Method and pay as little as $400 by March 1.
A messy cap table can derail startup funding rounds and M&A deals. Learn the four mistakes founders make — and how to fix them before due diligence starts.