SUBTITLES ON: Recent Episodes
Giselle Finnane and Fee Lal
A fortnightly start-up / legal podcast brought to you by Giselle Finnane and Fee Lal - both Sydney based corporate lawyers in the ever expanding universe of the Marque Lawyers all female corporate team. Subtitles On aims to break down the jargon to make the start-up world more inclusive, particularly for women. Each episode G and Fee chat about a different topic, everything from setting up your company, to getting money from investors, to selling your company. G and Fee don't just talk about legal stuff, they also share what they are seeing in the Australian start-up community, including trends, case studies and where they think 2021 will take us.
Yaniv Bernstein is what us non techy people call a tech guru. Yaniv is a software engineer turned COO. Yaniv was at Google for 10 years until he decided to join the start up world, working first at Flare and then Airtasker, where until recently, he was VP Engineering and then Chief Operating Officer.
Yaniv is passionate about leadership and building great teams. His fundamental belief is that the best will be brought out in employees and teams if they feel they will have an impact. As a software engineer turned COO, it is clear that he has transferred his learnings from the creation of complex software systems and applied it to the creation of complex people systems. It is a fascinating perspective and so we asked him to join us for a chat to share his learnings with you.
This episode is essential listening for any one that wants an edge in leadership, for all founders our there grappling with building a great team or any one that is just interested in people systems and design. We discuss:
- Yaniv's journey from Google to Airtasker and what it was like working at Airtasker while it went public
- Leading with context and how Netflix is the gold star example
- How to design teams and why trust is key to success
- Lack of diversity in tech and what is being done in tech to address diversity gaps
If you want to read or hear more from Yaniv:
- Read: People Engineering (his newsletter)
- Listen: Champagne Strategy - Yaniv Bernstein - Operational Strategy - Execution as a growth-driver - Getting the right things done
If you have any feedback, comments, questions:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
Have you ever wondered what M&A stands for? Or how you go about buying a business? Or are you running a start up with extra cash and looking to grow by buying another company or business and have every question in the world about what you need to do?
Well lucky you ... this week on Subtitles On we chat the 101 of acquisitions.
So if you are looking to buy a business or maybe just generally interested in understanding what us M&A lawyers do all day, please tune in.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
Have you ever wondered what a preference share is? What on earth is meant by a liquidation preference? Or maybe wondered what it means to hold a participating preference share vs a non-participating preference share.
Well this week on Subtitles On we chat all things preference shares.
So tune in if you are raising capital, an investor or just generally interested in different classes of shares.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
This week we chat about climate risks. We are joined by Kiera Peacock, commercial litigation partner at Marque Lawyers who is our resident expert on all things climate change.
The backdrop to our discussion is:
- The "Green Recovery" where nations around the world have directed Covid 19 stimulus towards clean, rather than polluting, options. While the March 2021 UN Environment Programme report found that 18% of total recovery spending around the world has gone towards green initiatives, unfortunately in Australia, the figure is 2% and of the major economies, Australia was the worst.
- President Biden’s Climate Summit, held to coincide with Earth Day, where the US increased its pledge to cut carbon emissions by 2030 but Australia stuck to its Abbott-era 2030 emissions pledge.
- The announcement of Australia's federal budget last week which contained little funding for renewables and climate change action.
We ask Kiera to explain:
- What are the climate agreements around the world?
- What does net zero emissions mean?
- What is Australia's legal approach to climate change?
- What is the Australian government doing?
- What are businesses doing?
- Why should companies start thinking about climate risks?
- What are the biggest risk for companies who don't think about climate risks?
- How do you build in good governance practices that include climate considerations.
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
We examine what 2020 meant for women. As you know, the COVID-19 pandemic has triggered a massive global economic downturn. You have probably heard the terms “pink recession” and “she-cession”, describing the fact that women have been more financially and mentally impacted by the impacts of COVID-19 compared to men. This week we delve into why this is the case. We discuss:
- the general impact that COVID-19 has had on women
- the impact to funding for female founded start ups (hint - it was bad)
- why women have been hardest hit
- why it matters and why women are key to economic recovery
- the wins for women in 2020
We also chat about the 2021 International Women's Day theme #choosetochallenge, what that means to us and the IWD events we are excited about.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
Welcome to season 2 of Subtitles On!
Last season we talked about the big concepts. We discussed everything from incorporating your company, to funding your company to putting in place employee incentive schemes. This season we’re still going to unpack corporate language but we’re putting more of a focus on what’s hot in business right now – corporate trends, case studies and interviews.
It’s time to take these big concepts and talk about how they work in practice. Expect to hear episodes on:
- the synchronisation of global decarbonisation;
- purpose and profit;
- funding trends;
- climate change and directors' duties;
- IPOs and more!
Join us, G and Fee this week on Subtitles On to hear what season 2 has to offer.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
We're back and super excited about our second season of Subtitles On.
Season 2 has the same simple goal, we unpack corporate language that is designed to confuse and exclude. Unfortunately, when you look at the stats, and from firsthand experiences, it is often women who are underrepresented and excluded from starting businesses, running companies, or being appointed to the board of directors.
We, G and Fee, the hosts of Subtitles On and lawyers from Marque's corporate team, work a lot with female founders and start-ups, so that’s who we are talking to although men are allowed to listen too. If you haven't already tuned in, think of the podcast as your corporate subtitles service, so you’ll never again find yourself in a boardroom wondering if you’re the only one who doesn’t know what a shot-gun clause does.
This season we will continue to tackle big legal topics, but we are also going to:
- focus on trends and what we are seeing in the Australian start-up community
- share some case studies
- share our predictions for 2021
If you haven't already, subscribe now.
For more information, links etc - visit our website: https://www.subtitleson.com/
This podcast is brought to you by Marque Lawyers - Law, done differently
After a not so brief hiatus, we are back!
We all know that it is the people behind a startup that can make or break its chance of success. So with limited financial capacity during the crucial years of growth how do startups attract, retain and incentive talent? Often the answer is an ESOP, also known as employee share ownership plan.
Join us, G and Fee this week on Subtitles On where we chat all things ESOPs.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
When you are looking to raise money for your start up the first thing you probably think about is giving away shares (equity) for money. However, this is not the only means of raising capital. SAFEs and convertible notes are an alternative way for your startup to raise funds and can have several advantages.
This week on Subtitles On we will explain the features, similarities and key differences between a SAFE (Simple Agreement for Future Equity) and a Convertible Note
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
Ever wondered what a drag-along or tag-along clause was? Or maybe wondered how you decide who does or doesn't get a board seat. Well this week on Subtitles On we chat all things shareholder agreements.
We chat about why you need one
We step you through each clause that are generally contained in a shareholders agreement and things that you should be thinking about
We chat about decision making at the various levels in the company
We breakdown all the BUZZWORDS : pre-emptive rights, drag along, tag along
So tune in if you are getting ready to put a shareholder agreement in place, or maybe have one in place but are looking to amend it.
For more information, links etc - visit our website: https://www.subtitleson.com/
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
This podcast is brought to you by Marque Lawyers - Law, done differently
This week we chat big picture and discuss what is generally involved in the capital raise process. Actually, fun fact, the process that we discuss, is pretty much the same for most corporate transaction - share sale, asset sale, debt raise, equity raise.
So tune in if you are getting ready for a transaction or just want to know what the general process is for most transactions. More specifically we discuss:
What we have done this week
Marque Lawyers post COVID play-book > check it out HERE (0:48)
Fee's amazing poem "The New Normal" (1:18)
Capital raise process
Ask yourself why are you doing this? What are you hoping to achieve? (3:10)
How much are you willing to give away? How much money do you need? (4:00)
Pre-money and post-money valuation - what do those terms mean? (4:45)
Who do you want to take money from? Who are you pitching too (5:40)
What else do you need from investors? What else can they bring to the table? (6:35)
Pitch deck and pitching (7:00)
Check out this great TedTalk by Adam Grant on Authenticity(8:30)
Due diligence and the data room (10:40)
What is a data room? (11:15)
What is due diligence? (11:45)
Typical documents in a data room? (13:30)
What is cap table? (13:50)
Documenting the deal (16:30)
Final things to think about to get your house in order (18:56)
For more information, links etc - check out our blog: The capital raise process: eat, sleep, raise, repeat.
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
Visit our website: https://www.subtitleson.com/
This podcast is brought to you by Marque Lawyers - Law, done differently
Okay, so your business idea rocks and you're ready to get moving with it but you need some capital to get it up and running or boost it along its merry way. Today's episode of #subtitleson is all about capital raising and how to get that capital without handing over the reins of your company to someone else.
There are so many different sources of funding (from your own savings, government grants, bank of mum and dad) and different types of investors, but G and Fee have you covered - just think of this episode as your crash course into the 101 of how to fund your business.
Today we cover:
Fee's recommendation for the Sixpenny at home in dining experience(1:32)
What is capital raising? (2:15)
The different ways to fund your business at this early stage:
Bootstrapping, what is it? (2:35)
Family, friends and fools (the three F's) and the typical way they invest (gifts, loan or equity) (3:30)
Angel investors (5:35)
Venture capitalists (6:10)
Where do you find these investors? (7:06)
What are the capital raising rounds (pre-seed, seed, series A, series B, Series C)? (8:16)
Pre-seed (9:00)
Seed (9:17)
Series A (10:01) Series B (10:38) Series C (11:20)
Other ways to get money (eg debt, crowdfunding, government grants, R&D incentives) (12:13)
Key takeaway - preparation (15:00)
For more information, links etc - check out our blog: Fun, Fun, Fun(ding) - your 101 to accessing money.
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
Visit our website: https://www.subtitleson.com/
This podcast is brought to you by Marque Lawyers - Law, done differently
Starting a business is tough. Between coming up with a name, doing market research, building a business model, oh and of course funding and running it – registering the actual company is yet another item to add to the list of things that you’ve never done before.
To help you along the registration journey, listen to G and Fee as they discuss the ins and outs of registering your company, covering:
Why and when do you incorporate? (2:04)
How do you structure your company? (4:00)
What details do you need to register your company? (5:45)
How do you hold your shares? (7:00)
How do you allocate shares between the founding shareholders? (9:00)
What types of shares do you issue? (11:20)
How do you physically register the company and how much does it cost? (13:00)
For more information, links etc - check out our blog: In good company: incorporation.
Got questions? We have you covered:
Shoot us an email: gisellef@marquelawyers.com.au and felicial@marquelawyers.com.au
Follow us and DM us on: Instagram
Visit our website: https://www.subtitleson.com/
This podcast is brought to you by Marque Lawyers - Law, done differently
Hey, can someone turn the subtitles on? EPISODE ONE is now live! Join us (hosts G and F of @MarqueLawyers) as we share a bit about ourselves, what makes us tick and what we're going to be discussing in #subtitleson.
We want you to know our purpose for creating this podcast and we want your input too. If you have any questions about corporate structures and legal must-know for businesses, shoot us an email or a message via Instagram and we'll make sure that we cover it off on the podcast.
And if you haven't subscribed yet, please do! By subscribing and rating us, you help others to find us and get the information that will help them on their journey.
Women are underrepresented; they are excluded from starting businesses, running companies, and from being appointed to the board of directors. We are not ok with this. Sure, there are many factors at play (not least the continuing unconscious bias of society towards women) but we think that language and confidence have a big part to play.
So subscribe to our weekly podcast where we hope to change the world one conversation at the time. Listen to us break down the jargon and make the start-up world more inclusive. Each week, we will chat about a different topic, everything from setting up a company, to getting money from investors, to selling your company.
You can read HERE a little more about why we started a podcast, and why you should subscribe now.