In this weeks episode, Eric and John break down the fundamentals of Asset Purchase Agreements (APA). The basics: What is it, who signs it, and what are you selling.
What is an APA, how is different than equity
Why APA over equity
Exceptions
Structure/format of an APA/length
How to review, where to start?
The Parties
Individual liability – how does this work
Who is the buyer – subsidiary? Who is paying you on deferred payments
The Assets
What are you selling,
Online accounts
Inventory
IP
Data/records
Domains
Social media
Causes of action
Contracts
Goodwill
What are you not selling
Cash
Money in amazon account
Certain contracts
Corporate records
anything specific
Parting Shot of Truth
Getting settlements done – don’t change the terms mid-stream, it kills momentum and credibility
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