When founders start a company often their main focus is on product development, customer acquisition and maintaining a growth trajectory. However, founders should also use this beginning period of the company to make management decisions such as clarifying roles and responsibilities. One question that each start up that has been founded by more than one founder is often faced with how to allocate equity amongst the founders. Questions such as who gets what percentage of the company or what will each contribute to the firm etc. Allocating stock as the company grows and the shares increase in va ..read more

Welcome back to Legal Sollers startup Series designed to help startups and entrepreneurs receive basic information. Each week, we will answer most basic questions that founders often need answered. So, what is vesting and why should a founder agree to vesting? Vesting of founder’s shares is often one of the most perceptive topics. Founders often argue as to why they should wait to receive benefits of shares of their own company. After all, they have earned their shares! What is vesting? Startups can either issue stock outright or with subject to vesting. Stock that is subject to vesting means ..read more

Just Eat Takeaway, a global online food delivery marketplace, agreed to acquire Grubhub, an online and mobile food-ordering and delivery marketplace, for $7.3bn. “Matt and I are the two remaining food delivery veterans in the sector, having started our respective businesses at the turn of the century, albeit on two different continents. Both of us have a firm belief that only businesses with high-quality and profitable growth will sustain in our sector. I am excited that we can create the world’s largest food delivery business outside China. We look forward to welcoming Matt and his team to ou ..read more

LVMH, a French multinational luxury goods conglomerate, agreed to acquire Tiffany & Co, American luxury jewelry and specialty retailer headquartered in New York City, for $16.2bn. “We are delighted to have the opportunity to welcome Tiffany, a company with an unparalleled heritage and unique position in the global jewelry world, to the LVMH family. We have an immense respect and admiration for Tiffany and intend to develop this jewel with the same dedication and commitment that we have applied to each and every one of our Maisons. We will be proud to have Tiffany sit alongside our iconic b ..read more

A wholly owned subsidiary of the Abu Dhabi Investment Authority (‘ADIA’) has reached an agreement to acquire a 1.16% stake in leading Indian digital services company, Jio Platforms Limited (‘Jio Platforms’), for approximately $750 million (Rs. 5683 crore) . The transaction is subject to customary regulatory approvals. Jio Platforms, a wholly owned subsidiary of Reliance Industries Limited, is a next-generation technology platform focused on providing high quality and affordable digital services across India, with more than 388 million subscribers. Jio Platforms is valued at $65 billion. The ac ..read more

A few days ago, two prominent investors i.e. Sverica Capital Management, (a private equity firm) and Salesforce Ventures ( a venture capital firm) made a strategic investment in Coastal Cloud. Financial terms of the deal were not disclosed. Sverica Capital Management is a leading growth-oriented private equity firm that has raised over $1.1 billion across five funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since inception, Sverica has followed a “business builder” approach to investing and takes an active supporting ro ..read more

HCL Technologies, a well known software company in the past one week has made two deals. 1) HCL Technologies to acquire Cisco’s SON technology for around $50 million 2) Temenos and HCL Technologies sign 7 Years Exclusive Agreement to Market Temenos’ Multi experience Development Platform (Mxdp) to Non-Financial Services Enterprises Details of both deals are shared below HCL Technologies to acquire Cisco’s SON technology for around $50 million HCL Technologies Ltd, a software service company announced its intent to acquire Cisco’s self-optimizing network (SON) technology for about $50 million (a ..read more

Venture Capital Finance has been prevalent in India since the early 1970’s. It is in the recent years that the VC industry has successfully emerged for young companies that have high growth projections. Venture Capital has emerged as one of the best financing alternatives. Private Equity and Venture Capital flows have been termed as the largest component of FDI investment into India. Various studies successfully illustrated that PE & VC funded companies have created significantly more employment. The financial investment process in India has advanced a lot over the past several years. Whil ..read more

Welcome back to Legal Sollers startup Series designed to help startups and entrepreneurs receive basic information. Each week, we will answer most basic questions that founders often need answered. So, what is vesting and why should a founder agree to vesting? Vesting of founder’s shares is often one of the most perceptive topics. Founders often argue as to why they should wait to receive benefits of shares of their own company. After all, they have earned their shares! What is vesting? Startups can either issue stock outright or with subject to vesting. Stock that is subject to vesting means ..read more

When founders start a company often their main focus is on product development, customer acquisition and maintaining a growth trajectory. However, founders should also use this beginning period of the company to make management decisions such as clarifying roles and responsibilities. One question that each start up that has been founded by more than one founder is often faced with how to allocate equity amongst the founders. Questions such as who gets what percentage of the company or what will each contribute to the firm etc. Allocating stock as the company grows and the shares increase in va ..read more