Berkonomics

APRIL 4, 2024

The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. Then along comes either money or contracts from strategic or financial investors or partners. Ownership is spread among several classes of investors. The number of employees grows.

Covenant 48

Covenant Software Review Stock Options Vesting 48

Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer?

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

David Teten

AUGUST 19, 2019

The average monthly operating expenses is $70,335. The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. 30% have been operated by females, 70% have been operated by males. The average cash balance is $191,164. Growth support.

Revenue 60

Revenue Technical Review Software Review Equity 60

Berkonomics

SEPTEMBER 13, 2010

The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. Then along comes either money or contracts from strategic or financial investors or partners. Ownership is spread among several classes of investors. The number of employees grows. Email readers continue here.]

Covenant 59

Covenant Software Review Stock Options Vesting 59

Up and Running

MAY 21, 2015

That’s because preferred shares operate under a completely separate set of rules (which will be defined in the investment documents) than your shares. 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

Tim Keane

MARCH 9, 2011

Example one: Sustainable net operating income with some growth in a stable market.    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

Lightspeed Venture Partners

DECEMBER 10, 2012

The most obvious one would be to hire somebody. Banks often have operating covenants for their loans that require the company to be hitting plan, or close to it. The entrepreneurs did say that they wanted the business expertise of one of the sharks.

Covenant 162

Covenant Warrant Southern California Los Angeles 162