Startup Fundraising and Equity Split: Do the Number of Investors and Contract Form Matter?

2021 ◽  
Author(s):  
Evgeny Kagan ◽  
Kyle B. Hyndman ◽  
Anyan Qi
Keyword(s):  
Author(s):  
O. S. Grin

The article deals with the main issues of improving the Russian civil laws concerning the form of transaction the majority of which are associated with the adoption of the Federal Law of March 18, 2019, No. 34-FZ «On Amendments to Parts I, II and Article 1124 of Part III of the Civil Code of the Russian Federation.» The adoption of amendments mentioned above was preconditioned by the implementation of the federal project «Normative Regulation of the Digital Environment» within the framework of the National Program «Digital Economy of the Russian Federation.» The author highlights similarity of approaches perceived by the Russian law-maker with the provisions of international instruments, in particular the UNCITRAL Model Law on Electronic Commerce of 1996 and the UN Convention on «The Use of Electronic Communications in International Contracts» 2005. It is concluded that, as a result of transformation of requirements for the form of contracts, 2 main variations of written form (a single document signed by the parties, and exchange of documents) and 2 basic fictions of this form (accepting by conduct of a written offer and making a transaction by electronic or other technical means) have been approved.


1978 ◽  
Vol 15 (03) ◽  
pp. 254-258
Author(s):  
F. H. Lamartin

The author draws upon experience with the major shipbuilding claims of this decade to identify what the Navy could do to avoid or mitigate future claims. Claims are not totally avoidable. They become a serious problem when they are unanticipated or difficult to resolve. Their dominant cost elements cover delay and disruption and often involve the entire shipyard environment. Early identification and mitigation of such delay and disruption are needed. Recent Navy claim avoidance steps include changes of contract form to reduce risks, emphasis on controlling changes, and attempts to attribute disruption costs to individual changes. Eight additional actions which the Navy could take are identified. The most significant are: improved preaward cost and schedule evaluation procedures; improved control procedures and techniques for timely identification of potential cost growths and delays; periodic waiver of claims; and prenegotiation of remedies.


Author(s):  
Mohd Ashraf Mohd Fateh ◽  
◽  
Mohammad Fadhil Mohammad ◽  

The Industrialised Building System (IBS) was introduced over 10 years ago in Malaysia, with well-documented benefits and strong support from the government. Apparently, the adoption and implementation of IBS is still low and below the government target. When adopting IBS, construction players mostly face different issues and challenges, particularly on contractual aspects, which contribute to the low adoption of IBS in Malaysia. There is also a lack of provision in the significant clauses of the Malaysian standard contract form to fit the development of IBS to date. The aim of this paper is thus to establish a system of factors underpinned by Deming's Theory for the improvement of the significant clauses in the standard contract form for IBS construction in Malaysia. A multi-method approach was used to achieve its aim, including an extensive literature review, findings from the previous study via document analysis, preliminary survey, questionnaire survey and semi-structured interviews. The research revealed that there are five significant clauses with important factors that can be improved in the existing Malaysian standard form of contract in relation to the IBS construction. The research also developed a framework that would be able to assist the policy and decision-makers in understanding what the improvement factors that need to be considered in the significant clauses in the standard form of contract in relation to the IBS construction. The research output (the framework) was validated by the prominent industry players on the practicality, suitability to its purposes for the related stakeholders. The developed framework would be able to accelerate the adoption of IBS construction in parallel with the initiatives (P3) in the Construction Industry Transformation Programme (CITP).


2014 ◽  
Vol 2014 ◽  
pp. 1-11 ◽  
Author(s):  
Qinghua Pang ◽  
Yuer Chen ◽  
Yulu Hu

Considering the market demand is stochastic and dependent on price, this paper shows that the revenue-sharing contract could coordinate a three-level supply chain consisting of one manufacturer, one distributor, and one retailer under normal environment. However, the original revenue-sharing contract cannot coordinate the supply chain under disruptions in circumstances of certain incidents leading to significant changes in market demand and causing additional deviation costs. To solve the problem, this essay introduces two improved forms of revenue-sharing contract: a mixed contract form based on a quantity discount policy and a pure form, which are characterized by antidisruption ability. The model of improved revenue-sharing contract is optimized when the market demand is in the additive form or in the multiplicative form with price dependent demand. Formulas are given to calculate the optimal contract parameters. Finally, this essay demonstrates the accuracy of the model of improved revenue-sharing contract with the help of numerical examples.


1997 ◽  
Vol 28 ◽  
pp. S5 ◽  
Author(s):  
Orley Ashenfelter ◽  
David Ashmore ◽  
Randall Filer
Keyword(s):  

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