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FAQs
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How can e-signatures or online signatures mean anything?
The situation is similar to when you agree with Terms&Conditions on any website or service you signup with your email / other personal identity information. You can provide an email of any person to sign-up with or use a temporary email, but you will not do it if your intent is serious and you want to actually use the service / product you sign up with, right? So, these kind of actions describe your intent.The same applies when you sign a document. But if you use a dedicated app to sign / send doc for signing, your signature is encrypted inside this app as well the document itself - this applies for most of the esign apps. The esignature inside such apps protects the electronic document and guarantees its integrity, as well as other data inside the app. But of course, these app can not protect the data for being print screened or if some makes a photo of it, etc. Such documents are invalid anyway.So, my point here, your signature required in these job applications is more a sign of your intent than actual identification, of course if they don’t require other the methods other guys mentioned in previous answers (like timestamp, passcodes etc). If a dedicated esign app is used, everything that happens with the app and what goes to other parties is encrypted using different ways.Cheers!
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For angel investments, what happens after a term sheet is signed? What are the typical steps to complete before the funds are t
I'll go ahead and answer the question - but only for info. This is off the top of my head and based on the classic way of doing things. I might be missing a few and services like Gust, AngeLlist Docs, Clerky, etc., promise to simplify some steps. The sequence can vary slightly.Company pitches you or you find companyIf interested, invite for longer meetingPreliminary due diligence, vetting, intake process, business development on both sidesInternal decision to make an offerDo analysis to decide on financial terms of offerWith help from lawyers / experts, decide on structural terms of offerAscertain informally that company is interested in receiving your offerIf there are multiple interested investors, get them all onboard. Decide who will take lead. Get commitments from them. Or decide to take the whole round.Lead investor offers term sheetTerm sheet may be wrapped inside a nonbinding letter of intent, or introductory paragraphs that establish a few binding terms: (a) how long the offer is open, (b) stand-still, no-shop, exclusivity, etc, (c) confidentiality of negotiations, (d) mutual obligation to proceed in good faith with steps towards closing.There is often some back and forth on the terms. This can be investor-to-CEO or lawyer-to-lawyer, or one big conference call. Best not cross the streams. Useful if you can decide who will be the good cop and bad cop ("I'd love to waive that term but my lawyer won't let me"), and who is the closer.Upon signing, the target company needs to lawyer up if it hasn't already, and you should have a tax expert ready too.Investors prepare formal due diligence request - financial, technical, contractual / legal, equity, etc. The company will need to show all of its contracts, records, corporate minutes.Often, the company isn't up to date on its paperwork or set up right, so it needs corporate clean-up. Probably 1/2 of all companies need non-trivial fixing at this point. Due diligence may uncover other matters (pending disputes, unacceptable promises to founders, lack of clarity on IP) that have to be remedied by companies, or accepted by investors.Company (or sometimes investor) prepares a set of definitive documents for investor review, based on the term sheet. For a priced equity round that may include a stock purchase agreement, shareholder agreement, voting agreement, buy/sell, and restated certificate of incorporation. And then there are subsidiary documents - new vesting terms for shareholders, board and shareholder approvals, secretary's and CEO's certificate attesting to accuracy of representations, appendixes with exceptions and notes from the company regarding the reps and warranties (which serve as a backstop for the due diligence). For a convertible note the definitive documents are a lot simpler, and the terms regarding conversion are usually left at the term sheet level.Considerable back and forth between lawyers for each side on the definitive documents... a good advertisement for using standard term sheets and document sets, and avoiding any unique deal terms.During this period the company typically agrees not to accept competing offers or take any actions inconsistent with closing the transaction. There is often a deadline, which can be extended - this depends on any binding terms in the MOU / term sheet. Company board and shareholders approve the transaction (they board should have already approved in principle and given CEO authority to negotiate, but in any case they need to approve the final transaction).Company lawyers will do any required "blue sky" or regulatory filings.If founder / employee agreements or vesting / stock terms have to be redone, or if there are prior investors whose terms are changing or whose approval is required, they get contacted by the company lawyers for approval.Company files amended articles with the secretary of state, to establish rights of new shareholders (in preferred equity financing).Closing day. Both sides sign counterparts of all of the various documents. It used to be in person with accordion files (see picture below), then faxes. Someday it will all be electronic signatures. Investor wires money. Normally, each side can trust the other to close the deal at this point, but if there are trust issues or many investors or people to be paid out of closing funds one of the lawyers can serve as an informal escrow agent, holding the funds and paperwork until everything is in order. Lawyers for both sides generally see to it that their fees and any transaction costs or offsets are taken directly out of investment proceeds. Post-closing. Company prints share certificates (do those even exist anymore?), prepares multiple copies of closing binder with all of the signed agreements (it used to be a heavy hard bound book, then CD ROM, perhaps moving online), somebody makes lucite deal trophies or something more creative. Everyone buys a bottle of champagne for their favorite lawyer.In some cases the investment is "tranched" in multiple steps or has post-closing milestones where the share numbers can change or additional funds are deposited.Now that you're a shareholder, you need a process for attending meetings, evaluating company performance, keeping track of your portfolio, and using your clout to help the company.Here's how it used to look, one folder for each investor. Normally a lot thicker than the paperwork shown.You're asking about step 10 and beyond. David S. Rose and Michael Pickles are cautioning you, don't skip step 6. From a business point of view, also don't skip steps 3, 5, and 25. Whether "we" means just you or you're part of an angel group, you need some discipline and process so as not to throw money at every shiny thing that moves, on hucksters, or at unrealistic valuations.
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What are some great free online tools for entrepreneurs?
There’s quite a lot out there, depending on what you’re looking for :)Some free online tools (in no particular order):Dropbox. Save and share everything.Evernote. Best note app ever.FreePik. Find thousands of free images.SurveyMonkey. Create surveys to gauge customer feedback.Rapportive. Useful tool for Gmail that allows you to see other people’s social media profiles.Trello. Project management made simple.Slack. Work communication simplified.AdCat. Allows you to use a single picture to get perfect-sized, up-to-date ad images for Facebook, Instagram, and Twitter. Free.Easel.ly. Great infographic generator for creating attractive content. Engaging content is vital for attracting audiences.Google Analytics. See who’s coming to your site and from where, among many many other awesome functions.Sidekick. Awesome email tool that tracks when emails are opened — super useful for proper follow-ups.Hotjar. Recordings of users on your website. Amazing to understand user behavior, which drives marketing strategies.Hootsuite. For social media management in one easy to use dashboard.Leadin by Hubspot. For lead management.Ahrefs. Powerful SEO tool.Later. Instagram consistently shows amazing engagement with users. This tool manages scheduling for you.Crowdfire. Great tool to figure out who to follow on social media for optimal engagement.BuzzSumo. Analyze what content performs best.Social Rank. Allows you to see which are your most valuable followers.UberSuggest. Free keyword suggesting tool.LinkMiner. Free tool for the link building strategy.JustsignNowOut. Finds journalists interested in covering you.Keyword.io. Free keyword research tool for SEO.MailChimp. To run automated email campaigns.Optimizely. A/B testing to optimize your website.Google Trends. Shows how often a particular search-term is entered.TweetDeck. Owned by Twitter, it makes discovering content easily digestible and allows you to find the topics and people you want.Title Maker. Content idea generator.Explore. Get to know what’s trending.Engage Master. Convert visitors to customers.Startup Bootstrap. Website building templates.Submit.co. Get press for your startup.SumoMe. Tool set to grow your website traffic.Quip. View documents on any device.Atomic Squirrel. Startup checklist.There’s tons more out there depending on what you are looking for specifically. I’m happy to update and reorganize if you need more :)Disclosure: I’m working on AdCat.
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How do we get a tourist visa for Canada from an Indian passport?
Hi ALL,Visit your local Canada Visa Application Centre (CVAC), make sure you bring your passport, photographs, completed forms and all supporting documents as per checklist and IRCC fee instrument and payment instructions. Applicable service charges will be levied. Please ensure you bring an accepted method of payment.SUBMIT A CANADA VISA APPLICATION IN PAPER:1) The Canadian Visa Forms and FeeDownload the forms and document checklist from the VFS Canada website. Unlike most visa applications, the forms for a tourist visa to Canada are relatively short and few in number. As per the updated guidelines, Canada visa fee for Indians (both single entry and multiple entry visa) is now CAD 100 and the visa is valid for upto 10 years.2) Flight and Accommodation BookingsAs while applying for a Schengen visa, you need to show your confirmed flight and accommodation bookings. Making these in advance of the visa is always a bit of risk – so you’re better off making fully refundable bookings. Most full-fledged carriers and hotels on Booking.com: The largest selection of hotels, homes, and vacation rentals offer full refund upon cancellation. Once you receive your visa, you can cancel these and make your actual bookings. The idea is to show that you have enough money or credit limit to book your flight and stay.3) Cover Letter and Support DocumentsAfter ensuring that all your documents are in order as per the document checklist on the VFS Canada website, you should write a brief cover letter summarizing your application – why are you visiting Canada, how do you intend to cover your expenses, do you have an invitation letter, which countries have you obtained visas for in the past (having Europe, the UK or the US on the list tends to add to your credibility).4) Choose The Multiple Entry Visa OptionI’ve always found Schengen visas to be stingy when it comes to multiple entry and validity. But I got a multiple entry visa to Canada, valid for 7 years! The best 4,000 bucks every spent. Whether or not Canada seems to be part of your plans again, having a valid multiple entry tourist visa to Canada as an Indian, has its advantages – you get Visa on Arrival in a handful of other countries, and it adds to your credibility while applying for other visas.4) Applying For The Visa at VFSVFS has ten visa centers for Canada, across India. If your city or town doesn’t have one, your options might be to go via a travel agent or courier your documents. You can signNow the VFS Canada helpline to confirm.The passport submission timings at VFS are between 8 am-12 noon and 1 pm – 3 pm, and no appointment is needed. You’ll be given a token number when you signNow, and if you have all your documents in order, the process is quite straightforward.5. Passport CollectionThe official processing time is between 10 – 14 working days, but my visa was approved within 2 working days! You can sign up for the free SMS / email alerts at the time of submitting your passport, or track your application online.SUBMIT A CANADA VISA APPLICATION ONLINE:1. Answer a questionnaire to determine your eligibilityIn a series of 20 odd questions in the eligibility questionnaire (on this page, click on “find out if you need a visa” to get to the questionnaire), you are asked why you’re travelling to Canada, if you have relatives there, how long you plan to stay and so on. For a typical Canada tourist visa – whether or not you know someone in the country, Indian citizens now tend to be eligible to apply.2. Create a GC Key and Security Q&ABefore you begin your online application, you are required to create a Government of Canada (GC) Key and security questions and answers. This is to allow easy access to your application.3. Upload the application form and supporting documentsAs in the paper application, you need to download the visitor visa form, fill the details and hit validate at the bottom of the form to generate the bar codes. Don’t make changes to the form after the barcodes are generated. If you are applying online, you don’t need to print the form or barcodes. The checklist for the supporting documents is the same as the paper application (described above); make sure you take clear photos / scanned copies of these documents.4. Declaration, electronic signature and credit card paymentOnce your documents are submitted, you need to fill a Declarations and Electronic Signature page and move on to payment (100 CAD) with a credit card. Consider your online application done!5. Submit your passport at VFS Canada to affix the Canada Visa on your passportThis part sucks. One would think that applying for the Canada visa online means NOT having to go to VFS Canada – but turns out, you still need to submit your passport to affix the actual Canada visa on your passport. Based on what I’ve heard from recent applicants on Twitter, you don’t need an appointment, and the process takes one week to ten days.Thank You !!
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What is the best SaaS collaboration tool?
I don’t want to give you one single solution.Here are a few free Online Collaboration Tools.Team Collaboration ToolsSlack is one of the most prominent team collaboration and chat tool out there. Slack is organized in channels and conversations, where you can talk with a set of colleagues/people on specific topics, share files, comment on files, and much more.As Slack puts it, it is “your hub for teamwork”Project discussions, important documents, free food announcements: they all live tidily together in Slack. With your team and information in one easily searchable place, collaborating online is as easy as collaborating in person.The pro version of Slack also offers a meeting solution in order to organize group calls and video conferences with your colleagues.Chanty is a great alternative to Slack. It is a freemium AI-powered team chat with unlimited messages for free. Great solution to boost internal communication for startups, small and medium-sized teams.MeetingLet’s cover the meeting solutions, in order to host and organize meetings with colleagues, partners, and clients.Appear.in is a great web-based meeting solution.You can sign up and register your locked room, then share the link with your team and clients.It’s the easiest meeting solution I have found so far. You can chat, share your screen with a Chrome Extension, invite up to 4 participants for free. And they even have a mobile application.Livestorm is another great alternative. The main software is a webinar solution but they recently spun off a meeting solution.It offers meeting, private rooms, chat and integrations with the webinar solutions. This is a great solution to both uses with your colleagues and (potential) clients.Design & Document Collaboration ToolsFigma is our first tool on the list of collaboration software. It lets you design, prototype, and collaborate all in the browser.It is a great alternative to the infinite back-and-forth designer <> project manager loop. You can think of it as a simplified wireframe/design app in your browser with collaboration features, for free.FYI is our second software on the list. It is a tool to connect and gather all of your resources into one place, easily find and organize them. It syncs up with GSuite, Slack, Dropbox, and many more professional apps.FYI brings all of your documents together in one place, no matter what apps or accounts they are in.Project Management SoftwaresLet’s move on the project management solutions.Trello. First up, I want to cover what has become one of the landmarks in terms of project management and kanban solution. It is one of the easiest and flexible solutions I have found to manage anything.You can literally create a board for anything you want, from a website re-design to managing your client and organizing your todo list.The team liked it. With a strong product and name in hand, the team launched at TechCrunch Disrupt in September 2011 and the app took off from there. By July 2014, Trello spun off from Fog Creek, and the app had over 4.75 million users.Within the next three years, Trello grew exponentially. In 2017, the company was acquired by Atlassian (famous for creating Jira and Bitbucket) and hit 25 million signups. In other words, Trello increased its user base by 426% in 3 years.Drift TeamClickUp is another up-and-coming contender in the Project Management space.It offers different views: calendar, kanband, list and even GANTT, with plenty of integrations and ways to manage the tasks. The UX is polished and amazing.Todoist is our last item on the list. As the name implies, the product is focused on organizing your todo-lists. It offers categories, filters, collaboration and calendar integrations.A must-have for organizing your backlog of things to do.Intranet & All-In-One Premium Collaboration SolutionsThe last category of tools we are going to cover is the intranet, or team portal. They help you stay organized and gather the information into one place.Those are not free, but they are worth it.Whether you want to keep track of the information with your clients or colleagues, it’s worth having a look.Let me walk you through two promising solutions.Although not a SaaS software, Woffice.io is the first item on our list, it is a great and cheaper alternative. It is an Intranet/Extranet WordPress-based solution.It comes with knowledge base management, member map, and member management, project management, HR features, and many more.The tool can even go as far as being your online hub for corporate courses and tutorials.Although you might be afraid of using it since it’s based on WordPress, I’d tell you two things:You only pay once: for the license fee, and you’re good to goYou manage the data, and you own the code. Which means that you can completely customize and extend the scope of it.The installation is a no-brainer, and the administrators will be the only ones to know that the intranet is powered by WordPress under the hood.Confluence is the open and online shared workspace solution from Atlassian.It enables organizations to collaborate on project planning, meeting notes, documentation, blog posts, and plenty of additional written documents.Great solution to gather the bits from different places.
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How can I register a marriage in India?
In India, the procedure for marriage registration is common for all States. There is no such separate laws for different states. In India, a marriage can be registered under either of the two Marriage Acts: the Hindu Marriage Act, 1955 or the Special Marriage Act, 1954.The Hindu Marriage Act is applicable only to the Hindus, whereas the Special Marriage Act is applicable to all citizens of India. The Hindu Marriage Act provides for registration of an already solemnised marriage. It does not provide for solemnisation of a marriage by the Registrar. The Special Marriage Act provides for solemnisation of a marriage as well as registration by a Marriage Officer.Procedure to apply marriage certificate in India-Under the Hindu Marriage Act-Parties to the marriage have to apply to the Registrar in whose jurisdiction the marriage is solemnised or to the Registrar in whose jurisdiction either party to the marriage has been residing at least for six months immediately preceding the date of marriage.Fill the Application form duly signed by both husband and wife.Verification of all the documents is carried out on the date of application and a day is fixed for the appointment and communicated to the parties for registration.Both the parties have to appear before the Registrar along with their parents or guardians or other witnesses.The Certificate is issued on the same day.Documents Required-Completely filled application form signed by both husband and wife Proof of Address- Voter ID/ Ration Card/ Passport, Driving License;Proof of Date of Birth of both husband and wife 2 passport sized photographs,1 marriage photographSeparate Marriage Affidavits in prescribed format from Husband & Wife Aadhaar Card All documents must be self attested.Marriage Invitation Card.2. Under the Special Marriage Act:The parties to the intended marriage have to give a notice to the Marriage Officer in whose jurisdiction at least one of the parties has resided for not less than 30 days prior to the date of notice.If either of the parties is residing in the area of another Marriage Officer, a copy of the notice should be sent to him for similar publication.The marriage may be solemnised after the expiry of one month from the date of publication of the notice, if no objections are received.If any objections are received, the Marriage Officer has to enquire into them and take a decision either to solemnise the marriage or to refuse it.Registration will be done after solemnisation of the marriage.However, for marriage in India the bridegroom and the bride must have completed 21 years and 18 years of age respectively. Documents for both will be same.If you are in need of a top most Lawyer for Marriage Registration in Maharastra then you can signNow out to Legalresolved which is an online platform where you can find solutions to your legal queries, contact lawyers for legal aid, and manage appointments with the best and topmost lawyers in your city or you can also contact us on 08929-902-903.
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How do I register my company and logo in India?
Incorporating a company in India is slightly difficult than you may think. Its better you hire a CS, CA or a Lawyer to do it for you. Nonetheless, here is the process:(1) Obtain DIN (Director Identification Number) from Registrar of Companies, Ministry of Corporate Affairs of all the proposed Directors in your Company. (2) Obtain DSC (Digital Signature Certificate) from any of the authorities recognised by Registrar of Companies of all the Directors. (3) Apply in a prescribed format to the Registrar of Companies for the approval of name of your company. You need to provide a minimum of 5 options to the Registrar in this form.(4) Once you receive the name approval from the Registrar of Companies, you need to file the following documents with that office: (a) Memorandum of Association(b) Article of Association(c) Form 32 (Details of Directors)(d) Form 18 (Registered Office details)(e) Form 1 (Compliance with the Act) FEESThe official fees for which you will receive receipts (for a Company with an Authorised Capital of Rs 1 lakh) will be approximately Rs 11,000. Rest of it will be the fee of the working professional. On an average you're likely to spend Rs 5000 to Rs 10000 in addition to the official fee, so that the total price comes out to somewhere between Rs 16000 and Rs 21000.TIME FRAMEIf everything goes smoothly, you can register your Company within 20 to 30 days. However, if an objection is raised on an issue, it may take longer, as well. Good luck!Nitin
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