Hi All, I have questions with regards to legal issues.
Few things: - We are now in a stage to register a company. - Between founders, we have agreed on share of each party. - At some point in future, we are looking to raise an angel round. - To protect everyone, we would like to do it in 4 years vesting with 1 year cliff. We have agreed on this informally between founders in earlier days. The questions are. 1. What is the impact of vesting on raising angel round in Australia? In Valley, this seems normal. We talked with one / two people here, and they said that will make it difficult for us to get funding because investors don't like it. 2. Know any lawyer that is experienced with startup legal in Sydney, yet not break the bank? Thanks, Hendro Wijaya --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -~----------~----~----~----~------~----~------~--~---