Law firm Sohn Ji-won and lawyer Choi Ji-hyun represented and reviewed the investment agreement during the Series A fundraising stage for Mootpit, a stock company providing video sources for creators.

Even for the same investment agreement from the same venture capital (VC), the aspects to be reviewed should differ for each company. Depending on the company's C-level executives' tendencies, future management direction, and the specificity of the business model, the specific review contents are expected to vary.

Lawyers Sohn Ji-won and Choi Ji-hyun, considering the management specificity of the client company, revised and deleted toxic clauses such as comprehensive joint guarantee commitments and prepayment clauses, and represented negotiations on these matters. Additionally, they secured the client company's preemptive purchase rights as the investee to minimize the risk of management disputes and legal risks in the future.

Investment represents a valuable opportunity that can act as a catalyst for startup growth. However, a poorly executed investment agreement can potentially hinder the prospects of even the most promising startups. Therefore, it is recommended to meticulously review the investment agreement with the assistance of professionals before proceeding.