STARTUPS: Alongside some of the common phrases in the world or startups, such as "awesome", "killing it" and "disruption", are some of the more vital ones that many a company will have to face as it grows. This isn't management consultancy waffle - it's far more important than that. Read more at Forbes.
As many startup knows, there are far too many ways to get tripped up while building a company. Yet failing to understand legal jargon shouldn’t be one of them.
You see, investors and venture capitalists aren’t evil. It’s just that their interests never align perfectly with those of entrepreneurs.
You want to build a company, keep control and earn a fair share of any windfall. Investors want to profit from your company as much as possible, minimize their financial risk and, often, gain the operating control needed to do so.
Balancing these interests is a delicate process that requires a clear-eyed understanding of the terms involved during negotiations, and their impact on your business interests.
So in the tsunami of legalese that entrepreneurs face during fundraising discussions, here are ten terms essential to understand.
Read more at Forbes
NB: Jargon image via Shutterstock.