David Teten

JANUARY 19, 2021

In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Typically stable, high margins; repeatable sales model; clear path to profitability; and high growth potential. The State of Flexible VC. Governance.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

NZ Entrepreneur

FEBRUARY 17, 2019

Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. Breaching facility limits and covenants – this can take the form of a company breaching its overdraft facilities with multiple excesses each month.

New Zealand 42

New Zealand Covenant Forecast Government 42

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011.   His entire income is based on his personal output and he’d like to hire several woodworkers, expand his sales to existing customers, and generate a profit in addition to his contributed labor.    Appropriate covenants.

Finance 83

Finance Bootstrapping Startup Equity 83

Up and Running

MAY 21, 2015

A liquidation preference is just a fancy way of describing in what order, and how the various owners of a business get paid in the event of a sale or bankruptcy. Any investor is going to want covenants in some form, and it’s not unreasonable that they do. See Also Planning for the Future: Your Exit Strategy.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60