By Sean Adler, CEO of GZI and an expert advisor at Founder Institute, GLG, Guidepoint, and AlphaSights.
Your board of directors is likely to veto this. It can also be a blessing in disguise if you’re lucky enough to sign competing buy- and sell-side contracts without needing consent to place corporations in alignment. Here’s how to synergize competing exclusivity clauses for your private company within Financial Industry Regulatory Authority and SEC compliance.
1. Exclusivity clauses lock in both sides.
The federal government maintains a list of corporate entities legally capable of executing securities transactions for private companies. Run a search for FINRA-accredited funding portals and broker-dealers
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