Emerging Companies
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Introducing Neuron, the Digital Home for Your Legal Needs
The Emerging Companies Practice (ECP) is excited to announce the launch of Neuron, a new platform that streamlines, automates, and digitizes the typical legal processes along a start-up’s journey – from incorporation to fundraising to exit. Clients will experience seamless integration of documentation, third-party data sources, and direct collaboration with their legal team.
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Trusted Counsel to Start-Ups and Entrepreneurs
As the country's leading firm representing venture-backed companies, Wilson Sonsini has counseled thousands of start-ups and entrepreneurs who are starting new businesses, advising them on company formation, equity structures, investor negotiations, IP rights, and other issues.
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Perennial Leader for Venture Financings
Wilson Sonsini has consistently ranked No. 1 for the number of venture capital deals handled each year, dating back to the 1980s.
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U.S. Expansion Expertise
We've advised hundreds of non-U.S. companies that have elected to enter the U.S. market, whether to expand, raise investment capital, or pursue a key transaction.
Since the firm's inception in the early days of Silicon Valley, Wilson Sonsini has been privileged to help lay the groundwork for some of the world's most innovative technology, life sciences, and growth companies. As the nation's leading law firm representing venture-backed companies, we have counseled thousands of entrepreneurs starting new businesses, advising on the formation of companies, equity structures, negotiations with investors, intellectual property rights, and other issues vital to their success.
An Interdisciplinary Approach
We take an interdisciplinary approach to counseling entrepreneurs and young companies, offering deep expertise in such vital areas as:
- Corporate Governance
- Patents and Innovations
- Employee Benefits and Compensation
- Employment Litigation
- Tax and Tax Equity
- Real Estate
- Finance and Structured Finance
- Fund Formation
- Mergers & Acquisitions
This interdisciplinary approach, along with the breadth and depth of our practice, allows us to serve as a strategic advisor through each stage of a private company's growth. In addition, we have a number of business processes and proprietary knowledge management systems in place that enable all of our attorneys to leverage the collective experience and skills of the firm, ensuring maximum effectiveness and efficiencies for our clients.
A Network for Entrepreneurs
Our attorneys have seen countless ventures—launched with little more than a promising idea and the passion of their founders—grow into highly successful, mature companies. The firm has grown as well; currently, we represent more than 300 public and 3,000 private companies. But our commitment to entrepreneurs remains resolute, and we always are looking for new ways to serve their needs.
We provide entrepreneurs with the information and opportunities they need to develop into the next generation of industry leaders. The firm's resources are extended to all entrepreneurs and emerging company executives who establish a relationship with the firm. For example, we invite contacts to networking events, workshops, and other programs covering a wide range of topics designed to help entrepreneurs focus their ideas, develop a business strategy, build the right relationships, and access capital.
U.S. Expansion
Our attorneys have advised hundreds of non-U.S. start-up and growth-stage technology companies—including clients based in the U.K., Israel, and other EMEA countries; South and Central America; and Greater Asia—that have decided to enter the U.S. market, whether to expand, raise investment capital, or pursue a key transaction.
We also work closely with key local stakeholders in those regions—investors, accelerators, incubators, professional advisors, strategic partners, and government economic development agencies—to provide home market support on U.S. matters and ensure that companies have the right teams around them to succeed in the U.S.
To learn more about our U.S. expansion practice, please click here.
Since the firm's inception in the early days of Silicon Valley, Wilson Sonsini has been privileged to help lay the groundwork for some of the world's most innovative technology, life sciences, and growth companies. As the nation's leading law firm representing venture-backed companies, we have counseled thousands of entrepreneurs starting new businesses, advising on the formation of companies, equity structures, negotiations with investors, intellectual property rights, and other issues vital to their success.
An Interdisciplinary Approach
We take an interdisciplinary approach to counseling entrepreneurs and young companies, offering deep expertise in such vital areas as:
- Corporate Governance
- Patents and Innovations
- Employee Benefits and Compensation
- Employment Litigation
- Tax and Tax Equity
- Real Estate
- Finance and Structured Finance
- Fund Formation
- Mergers & Acquisitions
This interdisciplinary approach, along with the breadth and depth of our practice, allows us to serve as a strategic advisor through each stage of a private company's growth. In addition, we have a number of business processes and proprietary knowledge management systems in place that enable all of our attorneys to leverage the collective experience and skills of the firm, ensuring maximum effectiveness and efficiencies for our clients.
A Network for Entrepreneurs
Our attorneys have seen countless ventures—launched with little more than a promising idea and the passion of their founders—grow into highly successful, mature companies. The firm has grown as well; currently, we represent more than 300 public and 3,000 private companies. But our commitment to entrepreneurs remains resolute, and we always are looking for new ways to serve their needs.
We provide entrepreneurs with the information and opportunities they need to develop into the next generation of industry leaders. The firm's resources are extended to all entrepreneurs and emerging company executives who establish a relationship with the firm. For example, we invite contacts to networking events, workshops, and other programs covering a wide range of topics designed to help entrepreneurs focus their ideas, develop a business strategy, build the right relationships, and access capital.
U.S. Expansion
Our attorneys have advised hundreds of non-U.S. start-up and growth-stage technology companies—including clients based in the U.K., Israel, and other EMEA countries; South and Central America; and Greater Asia—that have decided to enter the U.S. market, whether to expand, raise investment capital, or pursue a key transaction.
We also work closely with key local stakeholders in those regions—investors, accelerators, incubators, professional advisors, strategic partners, and government economic development agencies—to provide home market support on U.S. matters and ensure that companies have the right teams around them to succeed in the U.S.
To learn more about our U.S. expansion practice, please click here.
According to Merge co-founder Gil Feig, the fundraise allows the company to commit to growing not just its product and team, but its partnerships, a critical part of the business. “With this round, we’re continuing on our mission to revolutionize how every B2B company approaches its integrations strategy,” he wrote. In addition to the Series A funding, Merge announced partnerships with HR provider BambooHR and application tracking system Lever.
When Merge announced its seed funding with NEA in May 2021, there were 100 companies on its platform; that figure is now more than 600, including several public companies. The company has released several product features since then, including better logs, enhanced webhooks, CSV upload, SAML SSO, and a single-tenant offering; built out integrations for platforms like Oracle Taleo, Jobvite, and Workday HRIS; and grown its team to 20 people.
The Wilson Sonsini team that advised Merge on the transaction included Seth Helfgott, Rob Broderick, Daniel Xo, Adam Shevell, and Matt Staples.
For more information, please see the announcement on Merge’s blog and this TechCrunch article.
The Series A funding comes from a consortium of strategic and financial investors including Cascade Investment L.L.C., Viking Global, CHANEL, Givaudan, and Wittington Ventures. The financing will enable Arcaea to initiate multiple technical programs across key categories in beauty to develop a pipeline of ingredients and brand launches and create a world of previously unimaginable possibilities in beauty, such as: a fragrance that no one on earth has ever smelled before; proteins that can memorize hair styles; contouring through skincare and not just makeup; and biological filters that protect skin from the elements.
According to Merge co-founder Gil Feig, the fundraise allows the company to commit to growing not just its product and team, but its partnerships, a critical part of the business. “With this round, we’re continuing on our mission to revolutionize how every B2B company approaches its integrations strategy,” he wrote. In addition to the Series A funding, Merge announced partnerships with HR provider BambooHR and application tracking system Lever.
When Merge announced its seed funding with NEA in May 2021, there were 100 companies on its platform; that figure is now more than 600, including several public companies. The company has released several product features since then, including better logs, enhanced webhooks, CSV upload, SAML SSO, and a single-tenant offering; built out integrations for platforms like Oracle Taleo, Jobvite, and Workday HRIS; and grown its team to 20 people.
The Wilson Sonsini team that advised Merge on the transaction included Seth Helfgott, Rob Broderick, Daniel Xo, Adam Shevell, and Matt Staples.
For more information, please see the announcement on Merge’s blog and this TechCrunch article.
The Series A funding comes from a consortium of strategic and financial investors including Cascade Investment L.L.C., Viking Global, CHANEL, Givaudan, and Wittington Ventures. The financing will enable Arcaea to initiate multiple technical programs across key categories in beauty to develop a pipeline of ingredients and brand launches and create a world of previously unimaginable possibilities in beauty, such as: a fragrance that no one on earth has ever smelled before; proteins that can memorize hair styles; contouring through skincare and not just makeup; and biological filters that protect skin from the elements.
Steve has represented non-U.S. and domestic companies in U.S. IPOs, global securities offerings, cross-border M&A, and SEC compliance for more than 25 years.
Steve has over 39 years of corporate law experience, serving as lead counsel for many of Silicon Valley's most prominent companies.
Steve has represented non-U.S. and domestic companies in U.S. IPOs, global securities offerings, cross-border M&A, and SEC compliance for more than 25 years.
Steve has over 39 years of corporate law experience, serving as lead counsel for many of Silicon Valley's most prominent companies.
Using the above link to Wilson Sonsini's Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Term Sheet Generator, Wilson Sonsini offers a public version of a Convertible Note Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECP website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator, you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation, or legal advice. Neither the availability, operation, transmission, receipt, nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss, or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Term Sheet Generator, Wilson Sonsini offers a public version of a Convertible Note Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECP website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator, you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation, or legal advice. Neither the availability, operation, transmission, receipt, nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss, or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Convertible Note Term Sheet Generator, you can generate a convertible note term sheet based on your responses to an online questionnaire. It also has an educational component, with basic tutorials and annotations.
This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed to account for a number of options, this version of the term sheet generator is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Convertible Note Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Convertible Note Term Sheet Generator, Wilson Sonsini offers a public version of a Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECP website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator (Convertible Notes), you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Convertible Note Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal advice. Neither the availability, operation, transmission, receipt nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Convertible Note Term Sheet Generator, you can generate a convertible note term sheet based on your responses to an online questionnaire. It also has an educational component, with basic tutorials and annotations.
This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed to account for a number of options, this version of the term sheet generator is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Convertible Note Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Convertible Note Term Sheet Generator, Wilson Sonsini offers a public version of a Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECP website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator (Convertible Notes), you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Convertible Note Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal advice. Neither the availability, operation, transmission, receipt nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
According to Merge co-founder Gil Feig, the fundraise allows the company to commit to growing not just its product and team, but its partnerships, a critical part of the business. “With this round, we’re continuing on our mission to revolutionize how every B2B company approaches its integrations strategy,” he wrote. In addition to the Series A funding, Merge announced partnerships with HR provider BambooHR and application tracking system Lever.
When Merge announced its seed funding with NEA in May 2021, there were 100 companies on its platform; that figure is now more than 600, including several public companies. The company has released several product features since then, including better logs, enhanced webhooks, CSV upload, SAML SSO, and a single-tenant offering; built out integrations for platforms like Oracle Taleo, Jobvite, and Workday HRIS; and grown its team to 20 people.
The Wilson Sonsini team that advised Merge on the transaction included Seth Helfgott, Rob Broderick, Daniel Xo, Adam Shevell, and Matt Staples.
For more information, please see the announcement on Merge’s blog and this TechCrunch article.
