Drag-Along and Tag-Along Rights: What They Mean and Why They Matter

If you’ve been through a funding round — or you’re about to — you’ve probably encountered the phrase “customary drag and tag provisions” in a term sheet. It sounds …

Convertible Notes vs SAFEs: Which Is Right for Your Australian Seed Round?

If you’re raising a seed round for your Australian startup, you’ve almost certainly encountered two instruments: the convertible note and the SAFE (Simple Agreement for Future Equity). …