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3 key legal tips for securing angel financing
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This article was written by Scott Edward Walker.
“Since I moved to Los Angeles from New York City in 2005, I have been involved in a number of angel financings. The deals, I’ve noticed, run the gamut – from an angel handing a check to an entrepreneur and instructing him to “send the paperwork when it’s ready” to an angel retaining a large, aggressive law firm and insisting on shares of preferred stock, with all the ‘bells and whistles.’
It can be a confusing process for the start-up owner. If you’re in the midst of seeking funding from Angels – or are about to start, here are three key legal tips to help you through the process…”
Read the rest of this article from Entrepreneur Corner.
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