In this episode of eLagaan Whiteboard Friday, the eLagaan team talks in detail about the various steps that is involved in any Funding process, the expectations, efforts and meaning of each steps and what entrepreneurs should be ready with when they approach investors.
Here’s how the mechanics work: In a company, the decisions are made at two forums, meeting of board of directors and shareholders’ meeting. The powers that vests with the board, is then delegated to the CEO and others in the company.
Our startup, Crispify, an Android app for semi-automated video enhancement and sharing, made it to the Startup Chile program in Generation 6. I thought it would be a good idea to share a few things that could help fellow entrepreneurs.
The eLagaan team talks about what Startup Tax is, how this is calculated and what impact it can bring to Startups looking to raise Angel funds and from whom. Please note that Startup Tax is still not implemented in India but the aim is to understand what this Tax is and its impact.
While ‘vesting’ typically is used to express ownership in shares over a period of time, you will note that founders are already ‘owners’ of the shares, when the investor takes a stake. So, this clause on vesting describes treatment of shares if a founder leaves the startup.
SEBI has brought in changes in their guidelines for Angel Funds also in their ambit of approved Alternative Investment Funds category.
So, you have found someone (a VC) who wants to back you with the money you so desperately need. Just sign above the dotted line. Well, not so fast…You need to know how negotiating term sheets can help.
In this post, the folks at Zepo walk you through a step by step guide to trademarking a brand in India.
Soon it will be possible to form Limited liability and corporate structure with just One Person in India.
These changes shall surely bring in confusions in the initial phase (as associated with any change) but in the short to long run will help improve the way Indian companies are currently being governed.