Category: SHA & SSA

SHA, SSA & Term Sheet Explained: The Complete Guide for Indian Founders (2026)

Term Sheet Explained: Binding vs Non-Binding, No-Shop, Exclusivity & Confidentiality (2026)

Startup Valuation & Dilution Explained: Pre-Money vs Post-Money & the ESOP Pool Trick (2026)

Liquidation Preference Explained: 1x, Participating vs Non-Participating & Multiples (2026)

Anti-Dilution Explained: Full Ratchet vs Broad-Based & Narrow-Based Weighted Average (2026)

Preference Shares & Economic Rights Explained: CCPS, Conversion, Dividends & Pay-to-Play (2026)

Investor Control Rights Explained: Board Seats, Reserved Matters, Veto & Information Rights (2026)

Founder Vesting & Obligations Explained: Cliff, Good Leaver vs Bad Leaver, Non-Compete (2026)

Transfer Restrictions in a Shareholders’ Agreement: Drag-Along, Tag-Along, ROFR, ROFO & Lock-In Explained (2026)

Exit Rights Explained: IPO Obligation, Buyback, Put Options & Call Options (2026)