David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. This applies if the investment converts into common stock; details are beyond this essay’s scope.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Professor VC

JULY 25, 2013

One area I''ve noticed a lot more recently are angel investors and seed stage funds trying to grab a little bit extra, whether it''s warrants for leading the round, advisor shares to go along with the investment, or a common stock stake for just being who they are. The other investor could''ve certainly lobbied to get me an allocation.

Term Sheet 46

Term Sheet Silicon Valley Syndication Syndicate 46

www.paulgraham.com

APRIL 28, 2010

A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. Some angel investors join together in syndicates. Theres only common stock at this stage.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76