The Dilemma of the Work-Life Balance
As an entrepreneur, it can be easy to allow the tasks of building a startup to overwhelm you. Do you have work/life balance? Loving what you do and working hard to build your business is critical, but so is taking time to decompress. Here are a few tips to help you find that sweet spot.
You’ve Got VC Money: The Punchlist
As outside counsel to thousands of VC-backed startups, we are often asked the same questions about what startups need to do after raising their first round of VC financing. Here is a quick and dirty list of those next steps. The action items below are described in…
You’ve Got VC Money: Board Meetings
Board meetings are your opportunity to check in with and give an update to your bosses and get feedback and guidance from the experienced members of your board. It is common for VC-backed startups to have four to six board meetings per year, though this frequency can…
You’ve Got VC Money: Board vs Stockholder Approval
While your financing agreements might have other requirements, below is a nonexhaustive list of the types of corporate decisions that typically require board and/or stockholder approval: Board Approval Is Required to: Stockholder Approval Is Required to: Amend the charter or bylaws. Approve significant corporate transactions (e.g., sale…