Apr. 11, 2018

An Overview of 409A Valuations

By Drew Stevens If your company grants stock, you may have heard of the importance a 409A valuation. Here, we’ll take a look at the purpose of a 409A valuation, and why you might need one. 409A Valuation Defined Say your company issues stock options for employees—the rights for individuals to buy stock at a […]

Feb. 27, 2018

Columbus Data Security and Privacy: Lawyer Russian Data Localization Laws

By Drew Stevens Russian law requires businesses operating in Russia, including e-commerce sites selling to Russian citizens, to store collected personal data within Russia. Federal Law 526-FZ includes a data localization requirement (the “Data Regulation”). Federal Law 526-FZ was written very broadly, and a large amount of uncertainty regarding the interpretation and enforcement of the […]

Feb. 27, 2018

Columbus Data Security and Privacy Lawer: Opt-In and Opt-Out Requirements in the U. S., Canada and the E. U.

By Drew Stevens Depending on the geographic region, different opt-out and opt-in rules may apply to a company that sends direct email marketing messages. When sending direct email marketing messages to recipients, the location of the recipient will determine which set of regulations apply. Generally, a recipient’s location is where the message will be opened. United States […]

Feb. 27, 2018

Columbus Data Security and Privacy Lawyer: The Children’s Online Privacy Protection Act

By Drew Stevens Introduction The Children’s Online Privacy Protection Act (“COPPA”) aims to protect the privacy of children under the age of 13 years old. Specifically, COPPA was enacted to address the rise of online marketers targeting children and collecting their personal data. The Federal Trade Commission (the “FTC”) is the primary government body that […]

Feb. 27, 2018

Columbus Venture Capital Lawyer: Seed Round Finance Instruments

By Drew Stevens Seed rounds typically involve one or more of the following instruments: convertible notes, simple agreements for future equity (“SAFEs”), convertible preferred stock, and common stock. Convertible notes are the most common instrument used for seed round fundraising, however, SAFEs are becoming more popular. Common stock is the simplest and easiest to use […]

Feb. 27, 2018

Columbus Venture Capital Lawyer: Seed Series A, Series B and Series C

By Drew Stevens Companies raise money in several different phases. These phases are commonly divided into the following rounds: Seed, Series A, Series B, and Series C (additional rounds added if necessary). Each round attracts different types of investors and generally raises a higher amount as each round passes. In general, companies use the funds […]