Interest rate

This is the annual rate at which interest accrues on a promissory note or other indebtedness, as long as it is outstanding.

The ABCs of CIIAAs: Protecting Employee-Generated IP Blog Post

Companies seeking to avoid employment disputes and to secure intellectual property rights to their employees’ inventions should make sure that all employees have signed confidentiality and inventions assignment agreements.  These…

Basis Point

One one hundredth of one percent (0.01%), usually used to measure interest rates.

What You Should Know About SAFEs Blog Post

When early stage founders are looking to raise money, they are often choosing between using Simple Agreements for Future Equity (SAFEs) or convertible notes. Our clients often ask what the...

Negotiating the Venture Debt Term Sheet Blog Post

Now that you’ve decided that borrowing money is a better option than doing an equity round, how do you determine the terms of the loan? Venture debt lenders will typically…