5 Things to Know About Venture Capital

In this 5 minute capsule, we talk about the venture capital business model and things you should be aware of as a company founder.

Some links referenced in the video: ⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱⟱

Law Firms for Founders:

White & Case LLP
Ranked in Band 1 by Chambers Global 2019 in practices core to the chemicals sector
Extensive experience in multijurisdictional M&A, joint ventures, and financing transactions
Strong expertise in technology transfer and licensing arrangements

Cooley LLP
Known for representing emerging companies and investors
Offers Cooley GO, a resource for entrepreneurs with document generators
Strong presence in major startup hubs across the US

Wilson Sonsini Goodrich & Rosati
Specializes in technology and life sciences industries
Extensive experience with startups and venture capital financing
Offers a term sheet generator tool for entrepreneurs

Goodwin Procter LLP
Strong practice in life sciences and technology
Experienced in representing both startups and investors
Offers a proprietary platform for managing startup legal needs

Fenwick & West LLP
Known for representing high-technology companies
Extensive experience with startup financing and venture capital
Offers a series of startup resource guides

Founder Friendly Documents:

Y Combinator SAFE documents:
Y Combinator, which popularized the SAFE agreement, provides open source SAFE templates on their website. You can search for “Y Combinator SAFE templates” to find their latest versions.

Series Seed Documents:
The Series Seed documents are open source templates for early-stage preferred stock financing. You can search for “Series Seed documents GitHub” to find the repository.

500 Startups KISS documents:
500 Startups offers their own version of convertible securities called KISS (Keep It Simple Security). Search for “500 Startups KISS documents” to find their templates.

NVCA (National Venture Capital Association) Model Documents:
The NVCA provides a set of model legal documents for venture capital financings, including preferred stock financing. Search for “NVCA Model Legal Documents” to access these.

Cooley GO Docs:
Cooley LLP offers a free document generator for various startup-related agreements, including SAFEs and preferred stock financing documents. Search for “Cooley GO Docs” to find their platform.

Clerky:
While not entirely open source, Clerky provides affordable, standardized legal documents for startups, including SAFE agreements and preferred stock financing documents.

Recent Activity in Surfactants:

https://pragmaticdlt.com/news/pioneering-the-future-of-surfactants-ghents-amphistar-secures-e6-million/

https://www.newswire.ca/news-releases/dispersa-raises-3-million-in-financing-from-invest-nova-scotia-the-circular-economy-fund-fondaction-dragonfly-ventures-good-amp-well-boxone-ventures-and-grantmakers-to-support-its-growth-802281334.html

https://www.av.vc/blog/alumni-ventures-invests-in-ruby-bios-groundbreaking-sustainable-biochemistry-platform

https://holiferm.com/holiferm-news/holiferm-secures-18-5-million-to-scale-up-to-15kta-production-capacity-from-rhapsody-venture-partners-and-clean-growth-fund/