Drafting Employment Offer Letters

Drafting the right employment letter Building a new business is exciting, and hiring your first employees can be equally as impressive. Many employees in Silicon Valley elect to make employment offers via a written letter. These are helpful for reference and record-keeping purposes. They also provide employment candidates with written documentation of their salaries for […]


Including Redemption Rights in my Preferred Stock

Including Redemption Rights in my Preferred Stock In most cases, publicly-traded corporations issue preferred and common stock. Stockholders who are classified as preferred stockholders are entitled to take their stock dividends and may be able to claim assets before any common stockholders are ever ready to do so. Redemption rights are rights that allow preferred […]


Drafting a Management Rights Letter

Venture capital investment often comes with a variety of complex documents. These documents can include stock purchase agreements, stockholder agreements, convertible notes, term sheets, and charter amendments. All of these documents typically arise during the early stages of investment.   However, one of the documents which young entrepreneurs fear most is the management rights letter […]


Do I Need a California Lender’s License?

In the State of California, a finance lender is an individual who is in the business of making commercial and consumer loans. The purpose of a California finance lender’s license is to allow the holder of the license an exemption from the California Constitution’s usury provisions. Some types of loan transactions, like retail installment sales […]


How to Create a Marketing Strategy Before Your Startup Launches?

What is a marketing strategy? No matter how advanced and uncommon is your technology or business model, a startup company usually faces many difficulties while surviving without a proper marketing strategy for startup that centers on customer acquisition. Effective marketing works like a medium that can effectively build the brand’s image and drives messaging to […]


What are the Roles and Responsibilities of the Founders?

Company founders – particularly the founders of a start-up company – have many duties, roles, and responsibilities which they must execute and undertake. Founders of small businesses are the heart and soul of that business, and they should know what they can do – and what they should refrain from doing – under various circumstances. […]


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