TLDR:
- Join a webinar to learn about raising seed funding for startups
- Topics covered include legal structure, funding stages, convertible debt and SAFEs
- Also discussed are pro forma cap tables, venture financing, and compliance with securities laws
- Common legal mistakes in raising capital will also be highlighted
Are you looking to raise seed funding for your startup? If so, you may be interested in joining a webinar hosted by Alidad Vakili, Of Counsel with Foley & Lardner LLP, where he will discuss how to position your startup for venture capital funding. The webinar will cover various key topics that are important for startups seeking funding.
The first topic to be covered is the legal structure of your startup. It is recommended that startups consider becoming a Delaware C-Corp, as this is the most common structure preferred by venture capital investors. Vakili will explain why this structure is advantageous and how to set it up.
Another important aspect of raising seed funding is documenting the relationship between the founders and early employees. Vakili will provide guidance on how to do this effectively and what legal documents are typically involved.
The webinar will also delve into the typical funding stages of a successful startup. Vakili will explain the different rounds of funding, such as seed funding, Series A, Series B, and so on. Understanding these stages can help startups plan their funding strategy.
An overview of convertible debt and SAFEs will also be provided. Convertible notes and SAFEs are popular ways for startups to raise funds from investors. Vakili will explain how these instruments work and when they may be appropriate for startups.
Pro forma cap tables, which are essential for tracking equity ownership in a startup, will also be discussed. Vakili will highlight the importance of running pro forma cap tables before financings and provide guidance on how to create them accurately.
The webinar will cover what happens in a venture financing, including the process and key considerations. Compliance with securities laws is another important topic that will be touched upon. Vakili will emphasize the importance of complying with these laws and the potential consequences of non-compliance.
Lastly, common legal mistakes in raising capital will be highlighted. Vakili will share insights on what startups should avoid when seeking funding, such as inadequate due diligence and poor record-keeping.
If you’re interested in learning more about raising seed funding for your startup, register for the webinar on January 18, 2024, at 9 a.m. PST. The webinar promises to provide valuable information and guidance for startups seeking venture capital funding.
