Smarter, Faster, Stronger: A New Suite Of VC Model Docs

Law360 (May 8, 2018, 2:07 PM EDT) -- In March 2018, for the first time in four years, the National Venture Capital Association updated its model legal documents, which have become the standard in the venture capital industry. Many changes are utilitarian, such as the addition of several customized optional reps and warranties in the stock purchase agreement, provided to accompany different types of deals across various industries. Other changes are more noteworthy. Below, we highlight the main substantive changes to the NVCA model documents, which will change how investors and companies negotiate and think about venture capital investments.

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