Archive for March 7th, 2013

Fenwick & West updates free online funding docs by Cromwell Schubarth Senior Technology Reporter- Silicon Valley Business Journal

Ted Wang of Fenwick & West is curator of the free open source legal documents it offers to startup entrepreneurs.

Fenwick & West this week updated the free online early stage funding documents it has posted to GitHub.

The Series Seed documents have been used many times since they were first posted in 2010, Fenwick lawyer Ted Wang said.

“The most valuable assets for early stage companies are time and money,” Wang said in a prepared statement. “Series Seed endeavors to save both for young companies.”

The new version uses GitHub to manage discussions and updates to the Series Seed documents.

GitHub is a popular site where engineers post software projects and highlight their work. Fenwick chose this as a natural location to offer documents for members of that community who are raising money for startups.

“One of our core beliefs at GitHub is to open source (almost) everything: the community benefits from having more resources available and the projects benefit from having the input of the greater community,” said Tom Preston-Werner, co-founder and CEO of GitHub, in a prepared statement.

The Series Seed documents can be found on GitHub by clicking here.

Read the blog describing the changes that have been made by clicking here.

Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

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