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About the Author  | Liam Gill is a former venture-backed founder and lawyer. After earning his Master of Science, studying Venture Capital Investor Psychology, he has spent the last few years helping startups raise millions, including raising pre-product, pre-traction and pre-team. | | | |
The new iOS 17.3 update from Apple introduces a feature called "stolen device protection." This feature was developed in response to findings that thieves have been exploiting iPhone passcodes to access sensitive information and even steal money. Stolen device protection, when enabled, requires Face ID or Touch ID for accessing passwords and credit cards, and introduces a security delay for critical changes like altering Apple ID passwords or the device passcode. This delay gives users time to remotely wipe their iPhone if stolen. To activate this feature, users can go to Settings > Face ID & Passcode > Stolen Device Protection.
| | | What do clients have to say? "Liam is a force multiplier for your fundraising efforts and will change the way you see the game." - Yehong Zhu, Founder & CEO @ Zette ($1.7M Raised)
"Liam has positively impacted the trajectory of my business. Personally, learning the art of persuasion and storytelling has improved my success rate." - Jimi Daodu, Founder & CEO @ Vault Hill ($2.1M Raised) | | | Practical Information - Termination | Termination clauses are pivotal in contracts, as they define the circumstances under which an agreement can be legally ended. For startup founders, understanding these clauses is essential, as they shape your exit strategy and protect your interests. Termination clauses can encompass various scenarios, including breach of contract, failure to meet deadlines, or changes in business circumstances. They provide a clear roadmap for when and how to terminate an agreement without incurring significant liabilities. By carefully crafting and negotiating termination clauses, founders can safeguard their startup's flexibility and mitigate potential risks, ensuring they have the means to pivot or dissolve partnerships when necessary. In essence, these clauses serve as a crucial tool for maintaining control over your startup's destiny in an ever-evolving business landscape. | |
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Get $2,200 in savings when you use Forecastr to create a custom financial model for your business to improve your investor presentation. -
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| | In addition to our newsletter we offer 60+ free legal templates for companies in the UK, Canada and the US. These include employment contracts, investment agreements and more. | This newsletter (or any other content provided by Law4Startups) is not legal, financial, or tax advice. We are simply providing legal information and collating news from around the world. We recommend that you consult an attorney before making any legal decisions. We do not make any representations and take no responsibility for the actions you take based upon this information. | | |
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