Open Legal Resources for Startups

This blog comprises our collection of intriguing and important articles and resources that every startup would need at some point or another during its promising journey. We will update it periodically to keep it up to date with everything happening in such a fast-paced ecosystem.

A) Convertibles

SAFEs

https://www.ycombinator.com/documents/

KISS

https://500startups.app.box.com/s/bqhdzjvx8x8fsn8s4zlt

KISS Debt Version

https://500startups.app.box.com/s/8ybxx9y3bhk4mte50v7k

KISS Equity Version

https://500startups.app.box.com/s/wxkh7gqyqsfmoxixk7vm

SAFE v. KISS

https://www.rubiconlaw.com/what-are-all-the-key-differences-between-the-y-combinator-safe-and-500-startups-kiss/

Valuation Cap Definition

https://www.lathamdrive.com/resources/insights/what-are-convertible-note-caps-and-why-are-they-important

Valuation Cap Insights for Startups

https://www.lathamdrive.com/resources/insights/why-a-valuation-cap-in-a-convertible-note-financing-may-not-always-make-sense

OQAL Note (Sharia Compliant Convertible Equity)

https://vcpea.org.sa/oqal-note/

Capitalization (Cap) Tables

https://www.lathamdrive.com/resources/insights/what-you-need-to-know-about-capitalization-tables

B) Terms Sheets

Series Seed Downloads

https://www.seriesseed.com/

Model Term Sheet

https://vcpea.org.sa/model-term-sheet/

New Enhanced Model Term Sheet

https://www.aumni.fund/resources/enhanced-model-term-sheet

Demystifying the Terms of a Term Sheet

https://www.lathamdrive.com/resources/insights/term-sheet-terms-defined

Protective Provisions in Term Sheets

https://www.lathamdrive.com/resources/insights/what-are-protective-provisions-and-why-are-they-important

Common Stock v. Preferred Stock

https://www.lathamdrive.com/resources/insights/4-key-differences-between-common-stock-and-preferred-stock

Fully Diluted Shares Definition

https://www.lathamdrive.com/resources/insights/issued-and-outstanding-shares-versus-fully-diluted-shares

C) Vesting

Why Vesting for Founders is important?

https://www.lathamdrive.com/resources/insights/why-is-vesting-important-for-founders

Top 5 Considerations for Founders Vesting

https://www.lathamdrive.com/resources/insights/5-important-considerations-for-founder-vesting-schedules

Determining your ESOP Size

https://www.lathamdrive.com/resources/insights/how-to-decide-the-size-of-a-companysstartups-equity-pool

D) Founders General Advice

Top 5 Mistakes by Founders

https://www.lathamdrive.com/resources/insights/top-5-mistakes-founders-should-avoid

5 Questions to ask before creating your own Startup

https://www.chicagobusiness.com/custom-media/woman-up-latham/

Legal Proofing your Startup

https://sifted.eu/articles/how-to-legal-proof-your-startup-6-mistakes-to-avoid/

VCs and what they look at in Startups?

https://www.lathamdrive.com/resources/insights/4-qualities-venture-capitalists-look-for-in-startups

Bridge Financing & Down Rounds Q&A

https://www.lathamdrive.com/resources/insights/12-questions-startups-should-consider-for-bridge-financings-and-down-rounds

Accelerators & Startups

https://www.lathamdrive.com/resources/insights/what-is-an-accelerator-and-should-a-startup-join-one

E) Data Protection (GDPR)

How can Companies limit their GDPR Penalties?

https://www.globalprivacyblog.com/gdpr/5-ways-for-companies-to-limit-gdpr-penalties/

Navigating Privacy Policy and Personal Data Issues

https://www.lathamdrive.com/resources/insights/how-emerging-companies-should-navigate-privacy-policies-and-personal-data

F) Generic Resources

UAE Free Zone Navigator

https://www.freezonenavigator.com/

Carta

https://carta.com/

500 Global – VC Unlocked Courses

https://500vcu.thinkific.com/collections

 Aumni

https://www.aumni.fund/