Concord Startup Attorneys & Lawyers
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Concord Startup Lawyers
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Legal Services Offered by Our On-Demand Concord Startup Attorneys
On UpCounsel, you can find and connect with top-rated Concord startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Concord startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Concord, NC.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Concord startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Concord startup lawyer on UpCounsel to help you today.
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- 10 min read
What Is Unfair Competition?
Unfair competition occurs when another company uses wrong or deceptive business practices to gain a competitive advantage. The major category of unfair competition relates to intentional confusion of customers as to where the product came from, while the secondary category relates to unfair trade practices. Some of the most common forms of unfair competition include:
- Bait-and-switch selling technique, such as substituting a lower-cost product from a different brand for a more expensive, higher-quality product.
- False advertising or making false claims about a product to promote it.
- Misappropriation or use of confidential information, such as stealing a competitor's special formulation or other trade secrets.
- Trade dress violation, or copying the physical appearance of a product and/or packaging in the a
- 4 min read
What is a Most Favored Nation Clause?
Most favored nation startups are new companies that have a most favored nation or MFN clause in agreements with investors. This clause keeps later investors from getting better terms than the first investors, and it's completely different from the clause that involves countries. Most favored nation clauses are terms in many convertible notes. Some clauses make sure all parties in a contract get equal terms. MFNs usually last until the next round of financing, also called an equity round, starts.
Convertible Notes: What Are They?
Convertible notes are loans from investors that convert into equity or stocks when the company reaches prenegotiated milestones. An MFN clause in a convertible note keeps another investor from g
- 6 min read
Private Placement Memorandum: What is it?
A private placement memorandum (PPM), also commonly known as an offering memorandum or offering document, is a vitally important legal document that discloses the objectives, risks and terms of a proposed investment in your company. Your PPM will be distributed to potential investors whenever your company sells stock or another type of security in a private placement.
Your PPM will provide important facts and figures about your company and its business that are useful to potential investors, including:
Your company’s industry;
Descriptions of the products you sell and/or services you provide;
Product and economic projections;
Company financial statements;
- 4 min read
What Is Participating Preferred Stock?
Participating Preferred Stock is a security that gives venture capitalists a return on investment before the rest of the stock holders get their share earnings. It is often used in angel investment schemes when the investor wants a sure and quick return on their investment on top of their company share in the venture. Unlike common stock, the equity of participating preferred stock comes first.
Why Is Participating Preferred Stock Important?
This stock option is important for venture capitalists because it lowers their investment risks in startups and company expansions. It also protects them if a company goes through liquidation and cannot pay a