Getting More Bang for Your Buck: Help your lawyer out

A simple thing entrepreneurs can sometimes do to help reduce legal costs is locate “precedents” their lawyer can use when drafting a document. This is particularly important if the work is being done at the lawyer’s hourly billing rate, instead of for a fixed fee.

Legal Basics: Fully-Diluted Capital

When discussing a company’s capital structure, investors typically talk in terms of “fully-diluted capital” (a/k/a capitalization on a “fully-diluted basis”), rather than authorized or issued capital, because fully-diluted capital provides a more accurate picture of the company’s overall capitalization. Fully-diluted capital expresses the entire capitalization of a company in terms of shares of the company’s [...]