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If you’re still deciding whether venture debt belongs in your capital stack — what it is, who lends in Australia, how to size and time it — start with our venture debt explainer. This post picks …

There’s a conversation that happens in accountants’ offices all over Australia, and it goes something like this: you’re starting a business, so you should think about a discretionary …

For half a century, merger clearance in Australia was effectively optional. Parties could seek the ACCC’s informal blessing if they wanted certainty, but nothing stopped them completing first …

When an acquirer signs a term sheet to buy your startup, every unvested option and every unvested founder share suddenly has a question mark over it. Does it vest because of the deal? Does it roll …

Most Australian founders can recite the headline terms of a SAFE — valuation cap, discount, converts at the next priced round. Far fewer can tell you whether the SAFE in front of them is pre-money or …

Every startup has an official answer to the question “who are the directors?” — it’s whatever the ASIC register says. The law’s answer is different, and for some of the people …