Concept project — fictional brand

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Veldrin Law

Not legal advice. Veldrin Law is a fictional practice.

All practice areas

Company formation and financing

Setting up the company, agreeing who owns what, and raising money without losing track of what you signed.

We help founders set up a company, record who owns what in a , and read the paper that comes with an investment, from a to the closing documents.

We explain each clause in plain words and tell you which ones are usually negotiated and which are rarely moved.

Questions we are often asked

  • Do we need a founders’ agreement before we have revenue?
  • What binds us in a term sheet?
  • How does a convertible note differ from a priced round?

How we usually work

  1. A first call about the company and the plan.
  2. A short written list of the documents and decisions ahead.
  3. Review and drafting in stages you can budget.

What we do not do here

We do not advise on tax outcomes or value the company.

Terms on this page

  1. Founders’ agreement. A contract between the founders about ownership, roles, what happens if one leaves, and how decisions are made.
  2. Term sheet. A short, mostly non-binding summary of the main terms of an investment. A few parts, such as confidentiality, may bind.

Who works on this

To read

What a term sheet is, and is not

It is short, it is mostly non-binding, and it sets the shape of everything that follows.

Start with a 30-minute conversation.

Tell us your topic, not your secrets. We check for conflicts first, then talk.