In this episode, we discuss why venture-backed startups must vest their equity, why you shouldn't give employees Restricted Stock Purchase Agreements, how to get VCs to agree to a smaller option pool, and the difference between full ratchet anti-dilution and weighted-average anti-dilution.
In this episode, we discuss why the difference between pre-money valuation and post-money valuation matters when negotiating with a VC, why price per share is critical in later financing docs, what is included in a fully-diluted basis, why accepting a lower valuation can be the best option, the difference between participating preferred stock and non-participating preferred stock, and why play-to-pay scenarios are no longer common.
In this episode, we discuss who is responsible for providing the term sheet, which parts of a term sheet are binding, the different types of term sheets, and what should be included in a term sheet.
In this episode, we discuss how to determine how much money to raise, how to prepare a pitch deck, whether or not you need a PPM, four key roles of a lead investor, and first practical steps after deciding to raise money.
In this episode, we discuss the non-monetary value your VC should provide, issues with Friends and Family financing, how the angel investor ecosystem has evolved, and how paying advisors success fees can violate SEC laws. Note: We recommend listening VDR Ch.16 first, before VDR Ch.1
If you're a startup looking to raise capital, here is some of the basic language you need to know.
If you're a startup looking to raise capital, here is some of the basic language you need to know.
Kevin interviews Daniel De Valdenebro of LiftFund about alternative lending sources for small businesses.
In this episode, we discuss the do's and don'ts of terminating employees. A must listen for any small business owner or startup.
You know all of those provisions at the end of contracts and agreements under "Miscellaneous"? Do you ever wonder what they mean? In this episode, we discuss choice of law, venue, and attorneys' fees.
Kevin interviews Dorie Pickle, the founder and director of Creative Pickle, an Austin-based digital agency, about running her own business.
Kevin interviews our client Matt Alexander about his experience launching a curated fashion startup.
Some contracts "automatically renew" unless you affirmatively reject the renewal period. In this episode, we discuss this litigation trap, and how to avoid it.
In this episode, we discuss some common pitfalls when classifying workers as independent contractors.
The last 5 of 10 things we’ve learned about starting a new business.
The first 5 of 10 things we've learned about starting a new business.
Choosing a domain name is important. Don't choose the wrong extension.
In our first episode, we introduce ourselves and seek a little outside help in coming up with a better name than "Podcast."
