JJ, echoing what Jerome was saying, have you come to plain-language terms
on these sorts of things already, and you're just looking for the proper
legalese to frame around it?

Welcome!

Tony
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On Wed, Feb 24, 2016 at 3:19 PM, Jerome Chang <[email protected]>
wrote:

> Hi. Thanks!
>
> Term sheets and OA’s are all over the place. I would recommend searching
> online for some examples. More importantly, in my opinion, is your
> agreement/discussion with an investor. The docs just support the verbal
> agreements.
>
> In other words, you have to figure out what equity and how you’re going to
> give that away.
>
> J
>
> On Feb 24, 2016, at 9:14 AM, JJ Englert <[email protected]> wrote:
>
> Hey Jerome,
>
> I really appreciate the response. Term sheets and operating agreements
> would work. I'm basically trying to give my lawyer the best starting point
> to minimize the expenses i'll be paying out of pocket until the contracts
> are signed and I receive my investments for the business.
>
> Thanks for your time and congrats on the expansion!
>
> JJ
>
> On Tuesday, February 23, 2016 at 4:57:34 PM UTC-8, Jerome wrote:
>>
>> Hi JJ. Welcome to our community! I’m in LA and have raised $ from
>> investors. I don’t know anything about an equity investors contract, but I
>> do know about term sheets and operating agreements. Is that what you were
>> intending? If so, they’re pretty available online, and can be as simple or
>> complicated as you want.
>>
>>
>> *JEROME CHANG*
>>
>> *CENTRAL: Mid-Wilshire*
>> 5405 Wilshire Blvd (2 blocks west of La Brea) | ph: (323) 330-9505
>>
>> *EAST: Downtown*
>> 529 S. Broadway, Suite 4000 (@Pershing Square) | ph: (213) 550-2235
>>
>>
>> *NORTH: Hollywood (Opening 2016 Q2!)6600 Sunset Blvd. (@Vine)*
>>
>>
>> *NORTHEAST: Pasadena (Opening 2016 Q2!)600 E. Colorado Blvd. (@Los
>> Robles)*
>>
>> On Feb 23, 2016, at 3:05 PM, JJ Englert <[email protected]> wrote:
>>
>> Hello,
>>
>> This is my first time posting here. I am launching a coworking space in
>> Los Angeles, and like all of my other entrepreneurs out there, finances are
>> very limited. Therefore, in the hopes of saving some legal expenses, I'm
>> hoping someone out there is kind enough to share a copy of their equity
>> investors contract with me so my lawyer can have a good starting point and
>> adjust as needed to fit our business model.
>>
>> You can email it to me at [email protected]
>>
>> Thanks in advance!
>>
>> JJ
>>
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