The Private Placement Memorandum in Seed Financing

The private placement memorandum (PPM) is a document that companies may, and sometimes must, provide to potential investors that includes detailed financial and non-financial information material to an understanding of the issuer, its business and the securities being offered.
The Securities and Exchange Commission requires that a company provide a PPM to all non-accredited investors in [...]

Legal Basics: The Corporate Charter and Bylaws

In many of our  posts we presume the reader has at least a passing familiarity with basic legal concepts, so periodically we like to take time to explain some of our legalese. This post introduces the two documents that govern the operations of most corporations: the Charter and the Bylaws.
The Charter is the document filed [...]