Practical articles on shareholder rights, equity financing and corporate law by Attorney Kevin Jun Lin — written for founders and investors, in plain language. Browse the latest below.
I. Case Study: A Brotherhood Torn Apart by a Profit-Sharing DisputeIn 2021, Wang, Li, and Zhang, three college classmates, jointly founded a restaurant chain company, "Wei Mei Ge," holding 50%,…
I. Case: A "Breakup" Crisis Worth Tens of Millions In 2023, an internet startup named "SD Technology" completed its Series A financing, reaching a valuation of RMB 50 million. Its…
Building a startup is a marathon, but investors may not run the full distance with you. When a condition in the investment agreement is triggered, an investor may suddenly pull…
On the entrepreneurial journey, financing is a subject every founder must face. When you finally get the investor's term sheet (TS, or term sheet) and look at that string of…
In the exit stage of equity investment, the "drag-along right" (Drag-along Right) and the "tag-along right" (Tag-along Right) are the two most central and dispute-prone clauses. In short, the drag-along…
Shareholder Exit Clauses: Without an Exit Clause, Your Investment May Never Come Back Kevin Jun Lin, Lawyer · Corporate Law Compass June 2026 The first lesson of starting a company…
In venture capital and corporate governance practice, the "veto right" is something both coveted and feared. For outside investors holding a minority stake, the veto right is the last line…
The Right of First Refusal in Shareholders’ Agreements: One Clause That Determines Whether You Keep Control I. A Real Case In 2023, the three founders of a Shanghai technology company…
Anti-Dilution Protection: The Firewall Against Equity Dilution Corporate Law Compass · Practical Series on Equity Financing Law (Part 6) In the course of its growth, a startup often has to…
