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Ep 49 - The Legal Side of Fundraising, with Elke Trilla

Ep 49 - The Legal Side of Fundraising, with Elke Trilla
Jul 18, 2023 · 47m 9s

What's the danger in following online startup advice as a new founder? How can you break the dilemma of not having the cash to hire the good lawyers you need...

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What's the danger in following online startup advice as a new founder?

How can you break the dilemma of not having the cash to hire the good lawyers you need so you can raise cash?

If you’re a first time founder, how can you find and leverage the sharpest legal minds you can find to help you nail your raise and beyond?

In this episode, Elke Trilla, venture capital transaction and corporate governance attorney talks about the hidden perils facing you as a first time founder, the boring but game-changing details that can make or break your raise, smart ways to leverage your lawyer, and much more.

Note: The contents of this conversation are meant for informational purposes only and are not intended as legal advice. Please consult a licensed legal professional to obtain tailored advice specific to your situation.

Episode Highlights
  1. How vc funding is affecting women founders in the post SVB world
  2. How to face the sharp drop in funding effectively as a woman founder
  3. The unique advantage scrappy founders have in a tough fundraising environment and how to maximize that edge
  4. The danger in hiring Google to be your startup legal advisor and how to avoid the pitfalls
  5. How to help your legal advisor help your startup even if you've messed up
  6. Why your legal entity structure matters and how to get it right
  7. How to prep your legal team to support your fundraising
  8. A bird's eye view of early stage funding rounds and structures
  9. What priced rounds are and why they matter
  10. A note on valuation and the legal terms you should watch for
  11. How to engage a great lawyer when you don't have the money to pay them
  12. Payment structures for startup legal advisors and how to pick the right structure for your situation
  13. How to select a great lawyer who'll deliver more value to you as a woman founder
  14. Pro tips to women founders from a legal mind
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Information
Author Shubha Chakravarthy
Website achiiv.co
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