While serial entrepreneurs may already be immune, or at the very least indifferent, first-timers often have trouble biting the Repurchase Agreement bullet. How did you feel when your investors told you that reverse-vesting provisions were going to apply to shares that were already yours?
בהיעדר הגנה הרמטית כנגד התקפות סייבר, אימוץ תכנית היערכות לאירועי סייבר תסייע לגדר את הסיכון ולצמצם את החשיפה של החברה ושל מנהליה להליכים משפטיים לאחר אירוע סייבר. הליכים משפטיים אלה, על אחת כמה וכמה בחברה ציבורית המחזיקה מידע פנים, הם צפויים וניתן להיערך אליהם בעוד מועד.
When presenting your startup to potential investors, there are two advantages available under Israeli law that you might want to emphasize, which could make investing in your startup much more attractive, particularly at the seed and pre-seed stages.
The first advantage is the tax benefits under the “Angels Law”, and the second is the $1:$1 grant under the “early stage companies” OCS program.
While the reverse IPO may impose the stigma of “not being good enough”, and ultimately being more costly than taking Main Street– there are some very strong arguments in favor of the “back door”, mostly obvious but some only known to experienced players in this field.
while cybersecurity entrepreneurs might have it relatively easy convincing Angels and VCs of their business opportunity, viability, and immediate need and market size, they’re having the hardest time finding qualified employees to take their ideas forward.
Mature companies typically have mechanisms in place designated to monitor and control ESO grants, but when founders are bootstrapping they tend to do things absent-mindedly.
Some classic examples of ESO grant mistakes include: forgetting to set an exercise price; failing to define vesting or exercise periods; omitting an expiry date; committing to specific tax treatment; and – the BIG one you’ve been waiting for, promising a percentage of the company rather than a specific number of shares.
Brainnovations is a unique accelerator program that provides tailored education, mentoring and support to early stage projects in the brain space. For the duration of the program participants receive one-on-one consultations and support from world class mentors, are guided by industry experts on the ins and outs of establishing a life science startup, and gain access to IBT’s extensive network of opinion leaders, research institutions and investors and more.