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The business model for venture -funded startups is high risk, high reward and very binary; this business model results in the jobs of an attorney, a founder, and an investor being very specialized and different than in typical business relationships. This course will survey the business and legal relationships and interactions between founders, board members, and investors at key moments in the life-cycle of a private company startup. For each stage that we discuss, we will review real-world examples that illustrate the unique business and legal issues startups face.