Ready to raise money or issue equity? Understand how funding rounds, cap tables, and investor agreements actually work, so you can grow without losing control.
When founders think about fundraising compliance, most focus on the SEC — accredited investors, Reg D exemptions, Form D filings, and federal securities law. But there’s another layer of regulation that often catches first-time entrepreneurs off guard: state securities laws, commonly known as “blue sky laws.” Even if your offering
Simple Agreements for Future Equity ("SAFEs") and Convertible Notes ("Notes") are popular tools for fundraising, especially at the earlier stages. However, without careful planning, both tools can bite founders hard, especially during a raise. Let's say you're doing a series A, and