lee bagshaw

partner

ddi: +64 4 472 3518
mobile: +64 27 801 4177

[email protected]

specialties

startups, capital raising, m&a, southeast asia

about lee

Lee is an experienced capital raising and m&a lawyer, admitted in both NZ and England & Wales. Prior to joining Kindrik Partners, he worked in London and Singapore for a leading international law firm, heading up their corporate technology practice across Southeast Asia.

Lee advises tech startups and venture capital funds in NZ and across Southeast Asia, increasingly focussing on VC funded financing transactions and cross border tech m&a. He also works with NZ based companies taking their products and services to Southeast Asia. Lee is known for adopting a practical approach with companies and investors and closing deals quickly.

His recent work includes:

  • advising various global VC funds and tech startups on series A to C financing transactions across Southeast Asia
  • acting for a US listed company on the acquisition of a NZ software company
  • advising on the acquisitions of the Indonesian, Malaysian and Singapore businesses of a US tech giant

latest from the blogs

post-money convertible notes

Back in 2018, Y-Combinator (YC) updated their core investment instrument and launched what is now known as the post-money SAFE. We analysed the post-money SAFE back in 2020 – see our blog here https://kindrik.co.nz/blogs/a-primer-on-post-money-safes-in-new-zealand/. The main difference between a pre-money and post-money SAFE is that, on conversion, under the pre-money terms the calculation of the number of conversion shares does not include the conversion of the SAFE itself and any other convertible instruments in issue (other convertible securities). With a post-money SAFE all of these other convertible securities are included. The end result is further dilution for existing ordinary shareholders…

Updated Singapore model VC documents

The template documents used in the venture capital ecosystem across Southeast Asia have been updated. Launched by the Singapore Academy of Law and the Singapore Venture & Private Capital Association in 2018, the new VIMA 2.0 documents are available for free to help start-ups. 8 new documents have been added to the suite of documents, including a founders’ agreement, a model constitution, an IP assignment, and an employee share option plan primer. The inclusion of a template letter covering Environmental, Social and Governance (ESG) matters reflects the increasing trend of investors to seek ESG commitments from their portfolio companies. The…