VC Law: Episode 37: The Legal Terms That Matter Most to Angel Investors with Christopher Mirabile

Host Gary J. Ross speaks with Christopher Mirabile of Launchpad Venture Group about key legal terms in angel investing. Christopher, who is Chair Emeritus of both the SEC’s Investor Advisory Committee and the Angel Capital Association, as well as the co-founder of Serif Investor, offers a candid take on what matters most to angel investors, with a focus on pro rata rights and information rights. Christopher also discusses concerns with convertible notes and SAFEs, the importance of clear subscription instructions from company counsel, and how to balance protecting investor interests with giving founders the flexibility they need to lead.