Management
The Board of Directors is the highest executive power in the company. We will call it “the Board” as well. If you think about legal analogies to describe the purpose of the Board, the similarity between state authorities may come to your mind. In this case, Shareholders’ Meetings act as parliament – the main legislative body in any democratic jurisdiction, while the Board acts as a Cabinet of Ministers.
Investment
Founders of early-stage startups usually share one common headache – securing investment for their business. When the money is finally on the table a new challenge might arise that sometimes leads to disagreements and canceling the deal at the very last moment: a legal way to put money into the company. It should be done with careful consideration in the mutual interest of the founders and investors, and as smooth as possible. So, how exactly?
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