I Love My Job As a Startup Legal Expert.
Apr 17, 2022 1:31 pm
There is this Joy that comes from knowing that you're able to help even the highly educated and highly experienced individuals get clarity about the legal aspects of their businesses.
Like, regardless of their exposure and level of education, there is always this Ah Ha! Moments when the clarity hits them.
There is this satisfaction within you that you are doing something right and helpful to someone else.
In my experience as a Startup lawyer, I have worked with different people in different industries.
We have even guided some of our retainer clients through Fundraising and made sure that everything was done right in the process.
This morning, I had a virtual meeting with some founders in the Health-Tech industry.
We had very rich and interesting conversations around startup legal particularly Equity Split, Equity funding, Co-founders/Shareholders Agreement, Equity vesting Schedule, Company's Buy-Back rights, etc.
You will be wondering, Ah Ah!...
Is it not the same registration that even nonlawyers do?
What's all this plenty legal jargon for on top of setting up a health tech solution!
Oh well, it's not the same thing o.
Especially not when you are building a scalable startup.
Not also when you have Co-founders where you would want the stake held by each of you to be clearly stated in the Company's official document.
Not also when you are looking to explore equity funding as one of the major fundraising activities of the Company.
So you see, all these issues that I raised have legal implications not just on the founders but also on the future of the company itself.
A whole lot goes into building a Startup and believe it or not, Startup legal is a very important aspect of the whole process.
If you are going to be toeing this, make sure you arm yourself with all the legal backup that you can get.
Talk to use let's guide you on the best Startup legal protection strategies to have in place before going all out.
To your #LegalSense
-Barinaada