Scott Edward Walker

SEPTEMBER 14, 2011

It is important for founders to understand that VC term sheets are usually deemed to be “non-binding” (other than perhaps a few provisions, such as the “no-shop” provision and legal fees and expenses). What Are the Key Issues for Founders? Fourth, founders should button-down all of the key issues in the term sheet.

Term Sheet 76

Term Sheet Due Diligence Liquidation Preference Redemption 76

This is going to be BIG.

NOVEMBER 16, 2023

That’s how it feels when your hot deal from two years ago winds up running low on cash and gets into a pay-to-play round that wipes out the cap table. Roger Ehrenberg told me, “I was proud of my reputation and my results, but I sweated it all the time.” But I thought I was good!?” You have the preparation and the best practices.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

Feld Thoughts

JULY 14, 2015

The new money comes in at a pre-money valuation of $100, but includes a complete refresh of founder equity to 40% of the company. So the new investment gets 60%, the founders get 39.9%, and the $1m of seed money gets 0.1%. And developing a reputation for recapping seed rounds is, in my book, silly. Sure – it happens.

Recapitalization 70

Recapitalization Pre-Money Valuation Post-Money Valuation Angel Investor 70

Duct Tape Marketing

JANUARY 30, 2025

He's a serial entrepreneur and the co-founder and CEO of Fransi, a platform revolutionizing franchise discovery and acquisition. He's also the co-founder and former CEO of Alex Smereczniak (00:10.844) yeah. This is John Jantsch and my guest today is Alex Smereczniak. Nailed that, I? Yeah, yeah, yeah, yeah, yeah, yeah.

Private Equity 77

Private Equity Bankruptcy Naming Equity 77