SIGNAL for startups.

Founder equity, early hires, SAFEs and first customer contracts set terms the company will live with for years. We help founders build those foundations deliberately, then carry the company through financing, growth and an eventual exit.

4 of 10 articles All SIGNAL articles

Qualified Small Business Stock and Venture Economics

The 2025 expansion of Section 1202 brought Qualified Small Business Stock into a much wider range of venture outcomes.

Airtable and the Exit Math of Venture Capital

Airtable is a reminder that a financing valuation is not an exit, and that preferred stock, capital raised and market repricing can materially change the common-stock outcome.

Founder Equity is Governance

Founder equity is not simply compensation. Every meaningful grant also allocates control, incentives, risk and future flexibility.

When a Startup Grows Out of Startup Counsel

The legal model that worked at formation does not always work after institutional capital, enterprise customers and a real board arrive.