Reminder- TheFunded.com and WSGR have posted free draft VC docs
TheFunded.com describes themselves as follows:
This is a great website that aims to help entrepreneurs have more successful relationships with the venture capital community. They are a great peer to peer resource of other entrepreneurs who are or who have raised money. They just sent out an announcement, offering free Founder-friendly legal documents. I have excerpted the email below to give full credit to the team at TheFunded. This is a HUGE service to entrepreneurs.
From their recent email:
Good to see a set of entrepreneur-friendly templates - no need to reinvent the wheel when cash is tight!
TheFunded.com is a community of founders, CEOs, and business executives from around the world.
This is a great website that aims to help entrepreneurs have more successful relationships with the venture capital community. They are a great peer to peer resource of other entrepreneurs who are or who have raised money. They just sent out an announcement, offering free Founder-friendly legal documents. I have excerpted the email below to give full credit to the team at TheFunded. This is a HUGE service to entrepreneurs.
From their recent email:
Get a Complete Set of Founder-friendly Legal Docs
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TheFunded has produced founder-friendly versions of every legal document necessary to launch a new startup. These documents were carefully written from scratch to keep founders in control of the companies that they create.
* Please help by sharing these documents with anyone that you know who is launching a startup, and borrow some of the founder protections for your own company from the Certificate of Incorporation.
-- http://www.docstoc.com/docs/12233422 - Bylaws
-- http://www.docstoc.com/docs/12233427 - Certificate of Incorporation
-- http://www.docstoc.com/docs/12233434 - Initial Stockholder Consent
-- http://www.docstoc.com/docs/12233436 - Invention Assignment Agreement
-- http://www.docstoc.com/docs/12233437 - Restricted Stock Purchase Agreement
-- http://www.docstoc.com/docs/12233430 - Indemnification Agreement
-- http://www.docstoc.com/docs/12233432 - Initial Board Consent
-- http://www.docstoc.com/docs/12233420 - Action by Incorporator
-- http://www.docstoc.com/docs/10303638 - Plain Preferred Term Sheet
Good to see a set of entrepreneur-friendly templates - no need to reinvent the wheel when cash is tight!
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