Glossary

Environmental Assessment

An environmental assessment is conducted to assess company risks and to determine whether a company fits environmental, social, and governance (ESG) criteria.
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This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.

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Simple Agreement for Future Equity (SAFE)
A financing instrument that allows investors to provide capital to a company in exchange for the right to receive equity at a later date, typically during a future funding round.
Board of Directors
A group of individuals appointed to oversee the management, day-to-day running and direction of a company.
Assets Under Management
Assets under management (or “AUM”) is equal to the market value of investments that either an institution or individual manages on behalf of its clients.

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