What To Do When Seed Money Gets Personal

Law360, New York (December 3, 2010, 2:45 PM EST) -- Contrary to popular opinion that funding for medical device startups is dormant along with much of the current economy, many entrepreneurs are finding that sources such as friend and family and angel investor groups are rife with opportunity during this time. It is essential that the opportunity be supported by written agreements that accurately reflect the interests of the parties in this unique business partnership.

The individuals who comprise the friend and family and angel investor groups are determining where to allocate personal investments, and many...
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