Posts by Bagchi Law
Last Second Questions: When and How to Accept an Offer For Your Startup
So, after years of hard work and sleepless nights, a major investor has offered to buy your startup. It’s a great offer; there are more zeros than you’ve seen in your life and you’re ready to jump for joy. However, before you accept there are some questions you need to ask. As tempting as that…
Read MoreNationwide CTA Injunction: What it Means and What Businesses Should Do
On December 3 2024, the U.S. District Court for the Eastern District of Texas (Sherman Division) issued a preliminary injunction in the case of Texas Top Cop Shop, Inc. et al. vs. Garland. This temporary injunction, in favor of the plaintiff, found that the Corporate Transparency Act (CTA) “appears likely unconstitutional” and that as a…
Read MoreThe Latest on the Corporate Transparency Act
The Corporate Transparency Act (CTA), a pivotal legislation aimed at combating financial crimes by enhancing transparency in business ownership, has recently encountered a significant legal hurdle. This update seeks to briefly explain the essence of our ongoing coverage of the CTA and provide crucial insights into the latest developments that may affect your business compliance…
Read MoreUnlocking the Power of Pay: A Conversation with Kapil Gupta, Founder of Compiify
Born from the frustrations of navigating outdated spreadsheet systems, Compiify exists to empower organizations with streamlined, data-driven decision-making for fair and transparent compensation practices. We spoke with Compiify founder, Kapil Gupta, to learn about the company and product that is shifting the corporate approach to compensation processes. Introduction to Compiify Tell us about your background…
Read MorePitch Deck Best Practices
As advisors to companies raising venture funds, we often review pitch decks. The pitch deck represents your compelling story attracting investors to a deeper conversation. Below, we describe best practices and provide a template for what we see in successful decks. Best Practices Developing an effective pitch deck is challenging for all entrepreneurs, as you…
Read MoreThe Corporate Transparency Act – What You Need to Know
The Corporate Transparency Act (CTA) is a significant piece of legislation that will require all domestic and foreign entities formed or registered to do business in the United States to disclose certain information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). The CTA is designed to combat money laundering, terrorist financing, and…
Read MoreEntrepreneur Spotlight: Vintage Porsche Master Marc Zurlinden | Zurlinden Gruppe
Marc Zurlinden is the vintage Porsche master and has spent his life learning the ins and outs of his niche in the automotive and manufacturing industries. He dreams big, and he delivers. It was a joy to speak with Marc recently about what we can look out for in the future of Zurlinden Gruppe and…
Read MoreTop 8 Things to Watch Out for in Non-Disclosure Agreements
If you’re a business owner, then you know that protecting your ideas is essential–and when it comes to protecting your ideas, nothing beats a non-disclosure agreement (NDA). An NDA is a commonly-used legally binding contract between two parties that protects confidential information from being disclosed to a third party. NDAs are indispensable in ensuring privacy…
Read MoreNon-Compete Agreements & Covid
What You Need to Know Covid-19 has impacted and continues to impact almost every aspect of our lives, and the business world is no exception. In this blog post, we will discuss how non-compete agreements have been impacted by Covid-19 and what you need to know about them in today’s business environment. Non-compete agreements are…
Read MoreWhat is a SAFE Investment?
In 2013, startup accelerator, Y Combinator, introduced a new way for investors to invest in startup companies. The Simple Agreement for Future Equity, or SAFE, was created as a simpler alternative to convertible debt and equity investments. Under a SAFE, the investors invest money in the company using a SAFE, in exchange for which, the…
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