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Venture capital
Closing your next funding round has gotten a lot harder, here's why
18 Jul 2021|4 Mins Read

Signing documents (and waiting for documents to be signed) can be a frustrating and often error-laden process. Australia’s outdated requirement of wet-ink signatures on paper makes it even more …

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Venture capital
The Australian startup scene needs to talk about pre-emptive rights
12 Mar 2019|4 Mins Read

It should come as no surprise to anyone active in the Australian technology industry that we are behind the curve in terms of investment norms. Just one example of this the expectation of “pre-emptive …

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Venture capital
Why the AVCAL Shareholder's Agreement probably isn't right for your startup
9 Oct 2018|3 Mins Read

While every business is different, many of the startups that we work with have a few things in common:

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Data security
Viridian Lawyers Open-Source Privacy Policy on GitHub
3 Oct 2016|1 Mins Read

We would like to introduce our first open source legal document, a Privacy Policy, which is intended to help technology businesses who operate in Australia to comply with the Privacy Act 1988 (Cth). …

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Business
New Australian Employee Share Schemes
14 Feb 2016|3 Mins Read

Briefing on the New Australian Employee Share Schemes From July 1, 2015 the Australian Taxation Office brought in new rules for Employee Share Schemes (ESS). The reforms have brought Australia in line …

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Venture capital
Australian translation of Y-Combinator's Simple Agreement for Future Equity (SAFE)
6 Sep 2015|3 Mins Read

We were recently asked to take a look at Y Combinator’s Simple Agreement for Future Equity ("SAFE") for Sparrow Flights, one of our clients and a great new startup based in Sydney.

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