Clara, the legal technology company that digitizes and automates legal
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We empower and educate founders to build successful businesses. Our wealth of startup knowledge is ready and waiting to help take your business to the next level.
SAFE, KISS, Convertible Loan – What’s the difference
The ADGM and the DIFC are financial free zones in the UAE with independent jurisdictions exempted from the UAE’s civil and commercial laws. For founders looking for a place to register a new business, both are great jurisdictions to choose from.
Plug and Play, Silicon Valley’s largest global innovation platform, has announced a new partnership and investment in Clara, the legal operating system that empowers tech founders to digitally form, manage, and scale their startups.
The key elements of both Founders Agreements and Shareholders Agreements may vary depending on the specific circumstances and needs of the company. There might be overlaps between the two documents, but the difference can be found in the main elements of each.
One way to protect your startup from unfair competition is to include non-compete clauses in your employment contracts. You could also have a non-compete in the shareholders agreement that you sign with your investors.
You want a structure and business environment attractive to investors and venture capital firms. Many investors and venture capitalists say a Delaware C-corp is a good option.
We are committed to partnering with leading companies that move our startup customers forward, so they can move the world forward. We are thrilled to work with the Mintz team to support our growing roster of U.S.-based customers.
Your journey on Clara just got a whole lot easier now thanks to our brand new dashboard. Our all-new dashboard is designed to make it easier to get to the parts of the Clara platform that matter to you, plus gives you also visibility and progress across a variety of tasks.
A term sheet is a relatively short document setting out the key terms of the investment agreed upon between the company and the investor in user-friendly language. It is also referred to as a Memorandum of Understanding (MOU). It includes the business and finance terms and could include legal terms regarding confidentiality and dispute resolution.
Founders are often risk-takers with lots of energy and great business ideas. And that is fantastic, as long as you remember to set up the correct legal foundation for your venture. Not having the proper legal basis for your startup might be too big a risk. Having the correct legal documents in place is essential for the future success of your startup.
Whether you are looking to attract more investors or make key appointments for your start-up, you need a strong, up-to-date cap table. An accurate cap table gives potential investors the information they need to decide whether they will invest in your venture. It also helps stakeholders to keep track of their interests and shows potential employees what you can offer as stock options.
When we refer to investors' rights, we refer to the legal and financial protection granted to investors when receiving shares in a start-up. It can also refer to certain privileges. In the early stages, a start-up can raise funds through convertibles. The founder will receive the money but does not need to issue shares at that stage.