Emerging Enterprise Center Blog - NVCA forms Adoption Rate - Comments http://www.emergingenterprisecenterblog.com/ Boston Startup Lawyers & Attorneys for Venture Capital & Financing Entrepreneurs en Copyright 2012 Fri, 30 Mar 2012 11:32:53 -0500 Fri, 30 Mar 2012 11:32:53 -0500 http://www.sixapart.com/movabletype/?v=4.32-en http://blogs.law.harvard.edu/tech/rss Yokum Taku Hi Dave,

I know that we have traded thoughts about this before. On the west coast, we rarely, if ever, see companies use the NVCA forms in new Series A financings. What does your data look like for Series A deals only? I'd be curious as to which firms default to NVCA forms as opposed to their own forms.

Yokum

]]> http://www.emergingenterprisecenterblog.com/deal-terms/nvca-forms-adoption-rate/#18786 http://www.emergingenterprisecenterblog.com/deal-terms/nvca-forms-adoption-rate/#18786 Deal Terms Tue, 10 Nov 2009 07:00:00 -0500 Dave Broadwin Dave Broadwin Yokum:

I have that data in the office. I will post the percentages on Monday, but I know that it is high. I do not know with precision which firms drafted the documents for which deals, so I don't have objective data around which firms default to the NVCA docs, but I, personally, do enough company side deals to know that "defaulting" to NVCA forms is a common practice here in Boston, a practice which includes the major firms. It could be a partner by partner thing or it could be driven by the requirement of the fund clients.

Dave

Dave

]]> http://www.emergingenterprisecenterblog.com/deal-terms/nvca-forms-adoption-rate/#18787 http://www.emergingenterprisecenterblog.com/deal-terms/nvca-forms-adoption-rate/#18787 Deal Terms Tue, 10 Nov 2009 07:00:00 -0500 Dave Broadwin