In this episode of Funds and Founders, we sit down with Dean Elazab, a former big law attorney who now helps startups navigate the legal landscape. Dean shares insights from both sides of the table, having built and sold his own startup before becoming a lawyer.

Learn how Dean:

Guides founders through critical legal decisions
Helps protect founder & employee equity
Navigates complex term sheets and financing rounds
Demystifies preferred stock and liquidation preferences
Creates founder-friendly legal structures
Balances growth with legal protection

Whether you're just starting out or raising your next round, Dean's practical insights on startup law and founder protection are not to be missed!

Timestamps: 0:00 - Intro & Dean's Background 4:57 - When to Bring in Legal Help 10:32 - Common Legal Mistakes & Horror Stories 15:06 - Understanding IP Protection 20:48 - Initial Legal Setup for Startups 29:17 - Term Sheets & Negotiation 37:05 - Safe Notes & Bridge Rounds 45:48 - Understanding Stock Classes 54:05 - Exit Scenarios & Liquidation 1:02:42 - Resources for Founders 1:08:33 - Support Systems & Final Thoughts

Connect with Dean: Website: elazablegal.com Twitter: @DeanElazab

Startup legal essentials that founders NEED to know before raising money | Dean Elazab