Convertible Notes in Australia: What Founders Need to Know Before They Raise
A convertible note lets you raise now and price the company later. Here is how notes convert, what the discount and cap really cost you, and the rules for raising lawfully.
11 articles
A convertible note lets you raise now and price the company later. Here is how notes convert, what the discount and cap really cost you, and the rules for raising lawfully.
Most startups under $3 million turnover are not legally required to have a privacy policy in Australia, but key exceptions apply. Here is how to check.
A shareholders agreement fills the gaps a standard constitution leaves open for co-founders. Here is what it covers, what happens without one, and when to put it in place.
What a contractor agreement needs to cover, the legal risks of misclassifying workers in Australia, and why IP ownership is the clause most founders get wrong.
Share vesting ties equity to contribution. Here's how it actually works in Australian shareholders agreements and employee share plans.
An indemnity clause can create liability well beyond your contract value. Here's what to look for and what to push back on before you sign.
A plain-English guide to seed financing for Australian founders - convertible notes, SAFEs, preference shares, disclosure obligations under the Corporations Act, and how to choose the right structure for your round.
A distributor sends you a 35-page agreement. You have never negotiated one before. This guide covers what distribution agreements actually do, how they are structured, what each clause means commercially, and where founders most commonly get into trouble.
Liquidated damages clauses appear in SaaS agreements, supplier deals, and construction contracts. Here is what they do, when they hold up, and what to watch for on both sides of the table.
Most Australian startups end up with a company constitution by default and no shareholders agreement at all. That's usually the wrong setup. Here's what each document actually does, why they're not interchangeable, and when to put each one in place.
NDAs are overused in some situations and genuinely absent in others where they would provide real protection. This guide covers when Australian startups should use one, when they probably do not need one, and what a well-drafted confidentiality agreement should actually include.